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

58 Howard Street
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This MultiFamily property located in NY was sold for $4,200,000 over 2 years ago.

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].

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  • Location
    58 Howard St, East Hampton, NY, USA58 Howard St, East Hampton, NY, USA
  • Sale Price
    $4,200,000$4,200,000
    $610 PPSF$610 PPSF
  • Area
    6,880 SF6,880 SF
  • Asset Type
    MultiFamilyMultiFamily

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Deal Summary

SALE IMAGE: Max Padway, Jason Breitstone, David Shorenstein, Thanassis Chysas & Scott Maslin DATE: 09/24/2021 ADDRESS: 58 Howard St. MARKET: Hamptons ASSET TYPE: Multifamily BUYER: Hildreth Real Estate Advisors & Woodglen Investments SELLER: Steven Sherman SALE PRICE: $4,200,000 UNITS: 7 ~ PPU: $600,000 SF: 6,880 ~ PPSF: $610 NOTE FROM @Hildreth.Advisors: This is HREA’s 2nd acquisition in Sag Harbor in the last five months. This is the first JV between Hildreth Real Estate Advisors & Woodglen Investments. The unique property in the heart of Sag Harbor has 3 separate structures consisting of, a 5 unit apartment building, a 4 bedroom single-family home, & a detached garage/office. Please send any deals to: 📧 [email protected]

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