East Hampton hotel sells for $5M

TRD New York /
Jul.July 17, 2018 01:29 PM

After renovating the 1.1-acre property at 490 Pantigo Road under a lease agreement, Manhattan-based Bridgeton Holdings went all-in with the $5-million-dollar purchase of the hotel they christened as Journey East Hampton. It was formerly known as the Inn at East Hampton. Inbar Mitzman, Lisa Ferraro and Dana Forbes of Daniel Gale of Sotheby’s International Realty represented both sides of the deal, Long Island Business News reported. With 22 rooms and 3 cottages, the hotel now rents suites for an average of $750 on a weekday night. [LIBN]


Related Articles

arrow_forward_ios

Real estate bigwigs get into fistfight at Hamptons hotspot

Bravo reality star fights to keep Wainscott home from foreclosure, NYC developer brings a bookstore back to Sag Harbor & more Hamptons real estate news

An inside look at the Hamptons’ new hotspots this summer

Bridgehampton compound sells to Arbor Realty Trust CEO at a $14M discount

The Hamptons hotel hopscotch

Hamptons Cheat Sheet: Developer halts auction of 236 Suffolk properties, Chris Cuomo’s Southampton home finds buyer … & more

‘The Mooch’ buys in Manhasset, Christie Brinkley sells in Sag Harbor and more Hamptons & Long Island real estate news

Helmut Lang’s East Hampton compound could fetch $100M, Esprit founder unloads Sag Harbor home & more East End real estate news

arrow_forward_ios