We present here a small-scale liquid Helium (LHe) immersion cryostat with an innovative optical setup suitable to work in long wavelength radiation ranges and under applied magnetic field. The cryostat is a multi stage device with several shielding in addition to several optical stages. The system has been designed with an external liquid Nitrogen boiler to reduce the liquid bubbling. The optical and mechanical properties of the optical elements were calculated and optimized for the designed configuration while the optical layout has been simulated and optimized among different configurations based on the geometry of the device. The final design has been optimized for low noise radiation measurements of proximity junction arrays under applied magnetic field in the wavelength range λ=250-2500 µm