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
October 28, 2026 - 20:21
Decision on St. Aug's Real Estate Deal Delayed Until Next MonthThe decision on a real estate deal involving St. Augustine`s University will not be made this month. Both the bankruptcy administrator and the school`s lender have raised concerns about the current...
October 28, 2026 - 02:34
Alexandria Real Estate Equities Q3 Earnings Call HighlightsAlexandria Real Estate Equities reported third-quarter 2026 funds from operations, as adjusted, of $1.54 per diluted share. The life-science real estate investment trust reaffirmed the midpoint of...
October 27, 2026 - 05:28
Mel Robbins' Homes: From a Massachusetts Farmhouse to a Vermont Family RetreatThe bestselling author behind `The Let Them Theory` spent years raising her family outside of Boston before relocating to Southern Vermont. Her real estate journey reflects the same themes she...
October 26, 2026 - 06:40
Autodesk Pushes Unified Platform for Project DeliveryAutodesk is making a significant strategic move toward consolidating project delivery around a single platform. With Autodesk Forma, the company is linking planning, design, construction, and...