Bayport Funding recently closed a $3.7 million loan for a single-family home in Sag Harbor, New York. The property spans 1.8 acres and boasts desirable amenities such as an in-ground pool, tennis court, and lower-level entertainment area.
According to Marcia Kaufman, CEO of Bayport Funding, this prime location holds great potential for value-add opportunities through renovations. She expressed confidence in the borrower’s ability to transform the property into an exceptional Hamptons residence amidst ongoing developments throughout New York.
The post highlighting this transaction by Bayport Funding showcases their involvement with Suffolk County properties without mentioning specific Connect platforms or locations.