Bayport Provides $3.7 Million for Suffolk Property

Bayport Provides $3.7 Million for Suffolk Property

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.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

Share the Post:

Related Posts