Art Village Compound Sells for $7.48 Million - 27 East

Real Estate News

Real Estate News / 2187650

Art Village Compound Sells for $7.48 Million

icon 1 Photo
8 Studio Lane in Art Village sold for $7.48 million. COURTESY CORCORAN

8 Studio Lane in Art Village sold for $7.48 million. COURTESY CORCORAN

authorStaff Writer on Aug 15, 2023
A compound in the area known as Art Village, near the western border of Southampton Village, has sold for $7.48 million after most recently seeking $8 million. At 8 Studio... more

You May Also Like:

Two New Affordable Houses Available in Hampton Bays

ASCEND Homes & Community Foundation is accepting applications for a shot at purchasing one of two newly constructed affordable four-bedroom homes in Hampton Bays. Built by Campo Brothers, the homes on Gateway Court are priced at $507,000 each for income-qualified applicants, and first-time homebuyer assistance is also available. The monthly payment is expected to be $3,000 to $3,900 with taxes and insurance. The homes are 2,000 square feet with four bedrooms, two and a half bathrooms, an unfinished basement and a two-car garage. The lots are 0.4 acres each. The minimum household income in order to be eligible is $95,000 ... 25 Sep 2023 by Staff Writer

The House That Beer Built

Habitat for Humanity of Long Island and the Town of Southampton Housing Authority raised the ... 20 Sep 2023 by Brendan J. O’Reilly

Twenty-Six Affordable Homeownership Opportunities Could Be on the Horizon in Westhampton

Twenty-six or so homeownership opportunities and 26 accessory apartments could be on the horizon for ... by Brendan J. O’Reilly

Deacon David Hedges House Sells for $8.35 Million

The Deacon David Hedges house, a Sagaponack home that dates back to the Revolutionary War ... 19 Sep 2023 by Staff Writer

Dimon House, Saved and Landmarked, Now Restored

Developer Jason Khan’s plans for 14 Flying Point Road in Water Mill were all set ... 13 Sep 2023 by Brendan J. O’Reilly

Learning From Montauk: An Architectural Walking Tour on September 30

AIA Peconic, the East End chapter of the American Institute of Architects, will host an ... 11 Sep 2023 by Staff Writer

‘Midcentury Marvel’ Sells on Shelter Island for $13 Million

A Shelter Island “midcentury marvel” recently sold for $12.95 million, a record for a single-family ... 3 Sep 2023 by Staff Writer

New Designer Home on Culloden Point Hits the Market

A new home by designer Robert McKinley on Montauk’s Culloden Point has hit the market, ... 30 Aug 2023 by Staff Writer

Hamptons Real Estate Roundtable August 2023

The Hamptons real estate market in 2023 has been marked by high interest rates, low ... 11 Aug 2023 by Staff Writer

Q&A With Pattie Romanzi of PAR East Mortgage Company

With the federal funds rate the highest its has been in more than two decades, Residence asked PAR East Mortgage Company President and CEO Pattie Romanzi to share facts and advice for homebuyers seeking mortgages. How do mortgage rates now compare to last summer? Interest rates are 1.5 percent higher than a year ago, give or take. Is it wise to wait for rates to drop before purchasing a home? When rates come down, you can reduce your monthly payment and/or shorten your term. Sadly, for some first-home buyers, the higher rates reduce the house price they can afford and ... 9 Aug 2023 by Staff Writer