Stunning Dutch gambrel in Sag Harbor last asking $5M goes into contract

The home belonged to Espirit founder, Jürgen Friedrich

By Grace Cassidy Mar 11, 2019, 8:49am EDT

The stunning Dutch gambrel-style home at 31 Howard Street in Sag Harbor has found a buyer after five months on the market.

Originally asking $5.95 million, the 0.35-acre property was most recently on the market for $5 million—and according to a Douglas Elliman representative, a contract was signed for very close to ask. The final price won’t be revealed until the sale is finalized.

In 2014, Anke Beck Friedrich and Jürgen Friedrich (the founder of fashion company Espirit) purchased the home for $1.35 million. They then renovated the 1843 home and brought it into the 21st century. Renovations included interior updates, a new pool in the backyard, and the addition of a pool house.

The couple has owned multiple properties in the Hamptons, including the Summer White House of late president Chester A. Arthur at the nearby address of 20 Union Street.

Inside 3,500 square feet, there are four bedrooms, three and a half bathrooms, two living rooms, a finished lower level, hardwood floors, and a chef’s kitchen. Rima Mardoyan Smyth and Ryan Struble from Douglas Elliman and Susan Breitenbach from Corcoran Group represented the sellers.