Real Estate News

Srb Sells Penthouse

Deborah Srb of Sotheby’s made good on her promise last July to sell the remaining units at Watchcase, the converted Bulova building in the heart of Sag Harbor. Last month, she sold one of the townhouses at 66 Sage Street. Last week, it was learned Srb pulled a downright coup, selling Unit 314, perhaps the premier unit, in the place: “It’s beautiful. It’s really spectacular,” she said, and that’s no hyperbole — the water view from the rooftop deck is one of the highest vantage points in the village and provides breathtaking views in every direction.

As the largest penthouse at Watchcase, the unit offers three bedrooms, three-and-a-half bathrooms, and enjoys brilliant sunlight through three glorious exposures. A private 1582-square-foot rooftop terrace crowns the home and is finished with wood decking, mature plantings, a fire pit, and a powder room. Inside the home, high-end finishes include soaring ceilings, walls of glass, two fireplaces, and numerous elegant entertaining spaces, which create an air of grandeur. The oversized great room has an open concept, encompassing the stylish L-shaped kitchen.

The main level also includes a light-filled glass solarium with an adjoining southern-facing terrace, and two bedrooms. Upstairs is a dramatic second master bedroom suite, 31’ x 23′, encased by three walls of windows, a fireplace, walk-in closet, and beautiful views.

Penthouse 314 has a private underground garage and an additional parking space. Acclaimed designer Steven Gambrel has seamlessly interwoven the industrial history of the building with state-of-the-art interior design elements. The penthouse has custom details throughout, including chic fixtures and fittings, fumed oak floors, ornate millwork, and honed marble surfaces.

Watchcase is perfectly positioned just one block from Sag Harbor’s quaint Main Street, and two blocks from the Hamptons’ only deep-water port. Watchcase encompasses 64 residences, including factory lofts and penthouses, townhouses, and bungalow condominiums. Owners benefit from elite services and hotel-style amenities, including five-star concierge services, a saltwater pool, the Watchcase Pavilion (a holistic fitness center and events lounge), the Grand Lobby Living Room, and the Vault Bar, which features a commanding two-sided fireplace. Monthly maintenance fees are $3,392.42.

The buyers, screened by an LLC, paid $4 million for the unit. It had been offered for $4.25 million.