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 17, 2026 - 01:00
How The Story Is Shifting For KKR Real Estate Finance Trust (KREF) After Target CutsKKR Real Estate Finance Trust is back in focus after analysts reset their reference fair value from about US$8.25 to roughly US$6.33 per share, a cut of around 23% that reframes expectations around...
May 16, 2026 - 04:15
Chiron Real Estate: Downgrading The Preferred Shares After The Change In StrategyChiron Real Estate, listed as XRN on the exchange, has announced a major strategic pivot that is raising concerns among preferred shareholders. The company is moving away from its previous focus...
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...