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 11, 2026 - 22:44
Ranch walkout offers rare location along Prairie Green Golf CourseA rare opportunity has opened up along the Prairie Green Golf Course, where a walkout ranch home is now available for those seeking both privacy and panoramic scenery. The property sits on a quiet...
May 11, 2026 - 04:30
Hollywood's Star Power Fades: Why Celebrities Can't Sell Their Homes AnymoreFor years, a celebrity name attached to a property was a guaranteed fast sale. Buyers lined up, prices soared, and the mere mention of a star`s former residence added a premium. But that golden era...
May 10, 2026 - 01:29
9 Major Real Estate Tax Changes Effective 2026Homeowners and real estate investors should prepare for a series of significant tax adjustments arriving in 2026. These changes, stemming from the expiration of provisions in the Tax Cuts and Jobs...
May 9, 2026 - 21:43
Summit County real estate market softens following pandemic surgeSummit County`s real estate market is still settling down after the explosive growth seen during the pandemic, a period that brought record-fast sales, changed how buyers shop, and pushed demand...