Hildreth Real Estate Advisors Acquires Package Deal In Southampton & Westhampton Beach For $4.3M

The property involved in this transaction is a package deal consisting of three buildings located at 40 W. Main St., 149 Hampton Rd., and 16 Library Ave. in Southampton and Westhampton Beach. The total square footage of the properties is 7,280 square feet. The sale price for this package deal was $4,312,500, resulting in a price per square foot of $592.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $4,312,500
• Address: 40 W. Main St., 149 Hampton Rd., and 16 Library Ave.
• Market: Southampton and Westhampton Beach

Hildreth Real Estate Advisors - David Shorenstein, Jason Breitstone, Max Padway, and Yair Sarraf acted as the buyers in this transaction. The sellers were Sheila Guidera, Dorothea Donaldson, Fred Vanderwerven, and Oakley Gentry Jr. The buyers acquired the properties off-market directly from the three separate sellers. Hildreth Real Estate Advisors is actively seeking commercial properties in the Hamptons area and can be contacted at [email protected].