OLD SAYBROOK: Post & Main, a 186-unit residential property in Old Saybrook, was sold for $42.5 million.
Built in 2017, Post & Main offers 186 apartments with “artfully designed luxury finishes” that include granite counter tops, stainless steel appliances, kitchen islands with pendant lighting, oversized windows, tile backsplashes and vinyl plank flooring. The property features a collection of amenities, including a resident clubroom, an outdoor resort-style pool, an oversized fitness center, garage parking and a dog park.
The CBRE team of Jeffrey Dunne, Simon Butler, Biria St. John, Gene Pride and Eric Apfel advised the owner, GM Saybrook Owner LLC, in the sale; David A. Mack Properties acted as Operating Member within the LLC. The buyer was Old Saybrook Owner LLC.
“Post & Main is an exceptional asset that is truly unique in the Connecticut Coastal market, given its walkable and transit-oriented location just steps away from both Old Saybrook’s Main Street and the Metro North station,” said Dunne.