Glastonbury’s luxury Addison Mill Loft Apartments have sold for $11.45 million, brokers say.
The 55-unit, converted former wool-underwear mill property at 64 Addison Road drew a per-unit price of $208,181, according to Shelton broker Northeast Private Client Group LLC.
Addison Mill LLC, which is controlled by Jay Rappaport and Dalzell Capital Partners LLC, was the seller and New York landlord Verco Properties, operating under VRV Corp., and MLV Legacy LLC were the buyers, according to the Glastonbury town clerk’s office.
Hartford area developer-landlord Martin Kenny built for $12 million and opened Addison Mill in 2009. He sold the property in 2017 for $11.75 million, town land records show.
