58 Howard Street, Sag Harbor, NY 11963 - Suffolk County

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. Inquire with the Hamptons Commercial RE Team for additional information.

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