Exceptional Sag Harbor Village Location – Situated on Howard Street, this 0.509-acre property is a unique offering in the heart of Sag Harbor Village; near Main Street and the harbor. Its central location ensures strong appeal for residents and investors seeking to be located in one of the Hamptons’ most vibrant communities. 

Multi-Family Complex with Versatile Use – The property features a traditional main house with three bedrooms and four bathrooms, recently renovated to showcase modern luxury. Behind the main house is a +/-4,000sf apartment building consisting of four two-bedroom units and one one bedroom unit, each with access to a shared outdoor space and a large parking lot. The site also includes storage pods and a detached garage, formerly used as an artist studio. 

High-Demand Rental Market – This property’s ideal location and premium features drive exceptional demand. The apartment building consistently maintains a waiting list for available units, supplemented by strong rental income from the main house. Its reputation as a reliable income property brings long-term returns for investors. 

Potential for Redevelopment – The site performs exceptionally as-is, but its fundamentals make it an excellent candidate for redevelopment into a private estate or other uses allowed under local regulations, offering flexibility for long-term growth or repositioning. 

Asking Price: $6,350,000.00 

Inquire with the Hamptons Commercial RE Team for additional information.