Real Estate Transactions on Shelter Island: May 2, 2025
May 4, 2025 - 00:51
Recent real estate transactions on Shelter Island have revealed significant activity in the local market. Notably, Stephen and Karen Ferrara have sold their property located at 3 South Cartwright Road to 3 South Cart LLC for a transaction valued at $710,000. This sale marks a noteworthy change in ownership for the property, reflecting ongoing interest in the Shelter Island area.
In nearby Cutchogue, a substantial deal was recorded as North Fork Storage LLC transferred ownership of the property at 115 Commerce Drive to Prime Storage North Fork LLC for an impressive $19 million. This transaction highlights the growing demand for storage solutions in the region, indicating a trend toward expanding commercial facilities.
These recent transfers underscore the dynamic nature of real estate on Shelter Island and its surroundings, as buyers and sellers navigate a competitive market. The developments suggest a robust interest in both residential and commercial properties, contributing to the area's economic vitality.
MORE NEWS
May 2, 2026 - 03:01
Highland Park man, former real estate exec sentenced to probation for sexually abusing boy at gym in NorthbrookA former real estate executive from Highland Park has been sentenced to probation after admitting to sexually abusing a young boy at a fitness center in Northbrook. The man pleaded guilty to...
May 1, 2026 - 17:57
Matt O’Reilly sells Farmers Park to North Dakota-based real estate companyA prominent mixed-use development in southeast Springfield has changed hands. Matt O`Reilly`s Green Circle Projects has sold Farmers Park to Edgewood Real Estate Investment Trust, a firm based in...
May 1, 2026 - 02:40
Governor Reynolds signs bills changing courts, e-bikes, real estate and medical licensingGovernor Kim Reynolds has signed a wide-ranging batch of bills into law, touching on issues from education and health care to banking and electric bicycles. Among the new measures are changes to...
April 30, 2026 - 03:48
Phoenix Housing Market Tilts Toward Buyers as Supply Rises and Demand StallsValley house hunters are finally gaining the upper hand as a surge in available properties and stagnant demand reshape the Phoenix-metro housing landscape. After years of fierce competition, rising...