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 21, 2026 - 11:36
Builders Pull Back on Construction as Buyers Gain LeverageHome construction is slowing as builders respond to softer demand, and buyers are seeing the results in the form of incentives and price reductions. Rather than pushing ahead with new projects,...
October 20, 2026 - 17:27
Prince Harry Explains the Family's Move From California to the U.K.Prince Harry has opened up about the decision to move his family from California back to the United Kingdom, saying the choice came down to something deeply personal. Harry, 42, explained that the...
October 20, 2026 - 01:51
Jeff Bezos’ Florida Real Estate Empire Could Be Growing With $69 Million Golden Beach Mansion: ReportA $69.5 million oceanfront mansion in Golden Beach, Florida, has reportedly been tied to Amazon founder Jeff Bezos, though his involvement in the purchase has not been confirmed. The 17,500 square...
October 19, 2026 - 20:28
Alexander’s Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference CallAlexander`s, Inc. has announced plans to report its financial results for the third quarter of 2026. The company will file its quarterly report on Form 10-Q for the period ended September 30, 2026...