Hildreth Real Estate Advisors Acquires Package Deal In Southampton & Westhampton Beach For $4.3M
New York
See Similar DealsHildreth Real Estate Advisors Acquires Package Deal In Southampton & Westhampton Beach For $4.3M
40 West Main Street, 149 Hampton Road & 16 Library Avenue
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A package deal consisting of three buildings was purchased in Southampton and Westhampton Beach. The asset type includes one single tenant retail building and two multi-tenant office buildings. The total sale price reached $4,312,500, with an approximate square footage of 7,280 and a price per square foot of $592. The involved addresses for this transaction are 40 W. Main St., 149 Hampton Rd., and 16 Library Ave.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $4,312,500
- Square Footage: 7,280
- Price per Square Foot: $592
- Buyer: Hildreth Real Estate Advisors
- Buyer Representatives: David Shorenstein, Jason Breitstone, Max Padway, Yair Sarraf
- Seller: Sheila Guidera, Dorothea Donaldson, Fred Vanderwerven, Oakley Gentry Jr.
- Market: Southampton & Westhampton Beach
Hildreth Real Estate Advisors is actively seeking additional commercial properties in the Hamptons area. The transaction was unique as it involved purchasing directly off-market from three separate sellers.
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