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
February 18, 2026 - 03:16
St. Pete's pink buildings tease 29-story luxury condo towerThe vibrant pink buildings anchoring a prominent downtown St. Petersburg intersection are set to vanish, clearing the path for a sleek 29-story luxury condominium tower. Demolition of the...
February 17, 2026 - 13:55
Shore summer rentals see early surge as travelers book aheadTravelers are planning their beach getaways earlier than ever, leading to a pronounced surge in advance bookings for shorefront summer rentals. Industry observers highlight a marked shift from last...
February 16, 2026 - 18:52
Here’s What Real Estate Pros Need to Do to Thrive in 2026The real estate market has become considerably more competitive over the past few years, and all economic indicators suggest that agents and brokers must adapt swiftly to thrive in the coming years...
February 16, 2026 - 03:32
AI Disruption Fears Slam Real Estate BrokersMajor commercial real estate firms faced significant pressure on Wall Street as growing concerns over artificial intelligence`s disruptive potential weighed heavily on investor sentiment. The...