Hildreth Real Estate Advisors & Woodglen Investments Acquire Multifamily Property In Sag Harbor For $4.2M

The multifamily property located at 58 Howard St. in Sag Harbor, Hamptons has been sold in a recent transaction. The property consists of three separate structures, including a five-unit apartment building, a four-bedroom single-family home, and a detached garage/office. The sale took place on September 24, 2021, with a total sale price of $4,200,000. The property spans a total area of 6,880 square feet, with a price per square foot of $610. The transaction involved Hildreth Real Estate Advisors and Woodglen Investments as the buyers and Steven Sherman as the seller.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Address: 58 Howard St.
• Market: Hamptons
• Units: 7
• Price Per Unit: $600,000
• Total Square Footage: 6,880
• Price Per Square Foot: $610

This acquisition marks Hildreth Real Estate Advisors' second purchase in Sag Harbor within the last five months. Additionally, it represents the first joint venture between Hildreth Real Estate Advisors and Woodglen Investments. For any further inquiries about this deal or to submit new opportunities, interested parties can contact Hildreth Real Estate Advisors at [email protected].