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 15, 2026 - 18:49
Housing bank would not overly impact real estate, study findsA new study from a state university research department suggests that a proposed transfer fee on high-end real estate sales would have a very small effect on the Martha`s Vineyard housing market....
May 15, 2026 - 00:50
Dylan Sprouse and Barbara Palvin Make Surprise Red Carpet Pregnancy Announcement—Weeks After Intruder Was Caught at Their L.A. HomeActor Dylan Sprouse and model Barbara Palvin made a surprise pregnancy announcement on the red carpet at the Cannes Film Festival, revealing they are expecting their first child together. The...
May 14, 2026 - 04:22
Real estate fund up 22.5%, still at 29% NAV discountMay 18, 1 p.m. webinar details BPRE`s capital rotation into high-growth real estate, three distribution increases and a 22.5% return since listing. A real estate investment fund that has delivered...
May 13, 2026 - 17:28
A 432 Park Pad that Began as Two Separate Condos Lists for $90 MillionA sprawling residence on the 64th floor of 432 Park Avenue has been listed for $90 million, representing one of the most ambitious interior projects in the iconic supertall tower. The sellers, who...