The Real Deal New York

Sag Harbor’s West Water Street condos hit the market

Long-delayed Harbor's Edge offering up units priced between $2.5 to $6.5 million
June 09, 2014 06:20PM

Sales are set to begin next month at a 15-unit condominium building on the waterfront in Sag Harbor known as Harbor’s Edge, according to a spokesperson.

The project at 21 West Water Street features 15 two- and three-bedroom units, including three penthouses. Halstead Property Development Marketing will handle sales.

The developer, Water Street Development at Sag Harbor LLC, affiliated with a New York-based investment fund, proposed the three-story building back in 2006. The project broke ground in 2008, then went into bankruptcy auction after the financial crisis. But a minimum required bid of $27.1 million was never met, and so the originally-planned 19 units became 15 and were ultimately completed.

Prices will range from $2.5 million to $6.5 million for a condo. — Mark Maurer