58 Howard St Sag Harbor, NY 11963
Sag Harbor NeighborhoodEstimated payment $41,792/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Home Design
- Frame Construction
Interior Spaces
- 6,900 Sq Ft Home
- Wood Flooring
Additional Features
- 0.51 Acre Lot
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | For Sale | $6,350,000 | 0.0% | $920 / Sq Ft |
| 02/06/2025 02/06/25 | Off Market | $6,350,000 | -- | -- |
| 01/29/2025 01/29/25 | Price Changed | $6,350,000 | 0.0% | $920 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $6,350,000 | -2.2% | $920 / Sq Ft |
| 05/08/2024 05/08/24 | Off Market | $6,495,000 | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $6,495,000 | 0.0% | $941 / Sq Ft |
| 04/11/2024 04/11/24 | Off Market | $6,495,000 | -- | -- |
| 11/30/2023 11/30/23 | For Sale | $6,495,000 | 0.0% | $941 / Sq Ft |
| 08/25/2023 08/25/23 | Off Market | $6,495,000 | -- | -- |
| 10/28/2022 10/28/22 | For Sale | $6,495,000 | -- | $941 / Sq Ft |
Source: NY State MLS
MLS Number: 11117610
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.