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88 Surfside Avenue Sells For Less Than 50% Of The Original Ask

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We've been wondering what the final purchase price for this Steven Harris-designed modern would be ever since learning that it was "In Contract" last month. It was listed at $8.95M after chop #5, but the owner ended up settling for something much, much less. The home just closed for $7M?more than 50% off the original ask of $14.5M.

· Redefining Modern In Montauk [HREO]