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
March 13, 2026 - 06:33
Berkshire region real estate sales - March 13, 2026The tri-county area encompassing Berkshire County, Massachusetts, Litchfield County, Connecticut, and Columbia County, New York, reported a consistent flow of property sales this week. The...
March 12, 2026 - 18:43
Legislative Victory: Senate Moves Forward on Major Housing Supply BillIn a significant move to address the nation`s critical housing shortage, the U.S. Senate has taken a major step forward on comprehensive new legislation. The proposed bill represents a substantial...
March 12, 2026 - 08:11
Alexandria Real Estate Equities, Inc. Named One of the Most Charitable Companies in America by NewsweekAlexandria Real Estate Equities, Inc. has been named to Newsweek`s prestigious list of America`s Most Charitable Companies. This annual ranking highlights organizations that demonstrate an...
March 11, 2026 - 22:05
North Loop’s unfinished West Hotel changes hands, future still uncertainThe long-stalled and prominent West Hotel project in Minneapolis`s North Loop has been sold to a new owner with plans to finally see the building completed. The site, a concrete skeleton at the...