Bayport Funding Grants $3.6M Loan For Acquisition And Construction Of 8 Barnes Avenue, East Hampton

Bayport Funding, a direct portfolio lender, has granted a $3.6 million loan for the purchase and construction of 8 Barnes Avenue in East Hampton. The property, situated in Northwest Harbor on a one-acre plot, will be transformed into a 6,000-square-foot residential home with a pool and pool house.

Summary of transation details

• Property Type: Single Family
• Transaction Amount: $3,600,000
• Market: East Hampton
• Address: 8 Barnes Avenue
• Asset Type: Single Family
• Square Footage: 6,000

The loan for this acquisition and construction project was secured through Bayport Funding, with Marcia Kaufman serving as the lender's representative. Marcia Kaufman is associated with Bayport Funding.