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$12M Waterfront Property Sets Record in Sag Harbor

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A three acre waterfront parcel on Actor's Colony Road in North Haven just sold and closed for $12 million, making it the "highest land transaction in the history of Sag Harbor." The deal, which was finalized last week, was executed by listing agent Susan Breitenbach, and Felicitas Kohl, who helped bring on a foreign buyer. According to property records, Breitenbach and her husband Stephen—a well-known East End builder—picked up the property in 2004 for $4,528,000. Before that, it was last sold for $2.9 million. Looks like the new foreign buyer landed a pretty safe investment!
· 42 Actors Colony Rd [Property Shark]