North Fork real estate market cools as just one home sale tops $1 million
The first full week of May brought a notably quiet stretch for the North Fork real estate market, with just six residential home sales recorded across the region — and only one crossing the seven-figure mark.
That lone million-dollar residential deal was a four-bedroom Southold home on Ackerly Pond Lane, which sold for $1.25 million. The week’s biggest transaction overall, however, was not a home sale at all, but a 1.86-acre commercial parcel along Edgar Avenue in Aquebogue, near the Long Island Rail Road tracks and Indian Island County Park, which changed hands for $1.5 million.
Below are this week’s real estate transfers listed by location:
AQUEBOGUE
29 Edgar LLC purchased the 1.86-acre commercial property at 29 Edgar Avenue, near the north end of Meetinghouse Creek, from CEAX LLC for $1.5 million.
CUTCHOGUE
The William Roth Family Trust bought the house on a 2.5-acre lot at 4015 Skunk Lane, by Mud Creek, from the Barbara Stoutenburgh Trust for $975,000.
Lori Helms sold the two-bedroom ranch house at 7850 Bridge Lane, near Sang Lee Farms, to Jonathan Magri for $655,000.
EAST MARION
No real estate transfers were announced for East Marion this week.
GREENPORT
No real estate transfers were announced for Greenport this week.
JAMESPORT
No real estate transfers were announced for Jamesport this week.
LAUREL
No real estate transfers were announced for Laurel this week.
MATTITUCK
No real estate transfers were announced for Mattituck this week.
ORIENT
No real estate transfers were announced for Orient this week.
PECONIC
No real estate transfers were announced for Peconic this week.
RIVERHEAD
Lorena Romero and Esbeidy Muniz purchased the three-bedroom, 1900-square-foot house at 519 Washington Avenue, by Riverhead Cemetery, from Richard & Bozena Hejmej for $800,000.
Isaac Halpern bought the four-bedroom farm style house at 3953 Sound Avenue, just east of Cherry Creek Golf Links, from John Marino for $700,000.
SHELTER ISLAND
Maura Regan sold the three-bedroom house on a near-one-acre lot at 11F Petticoat Lane, near West Neck Creek, to Christopher DiOrio and Kelci McIntosh for $975,000.
SOUTHOLD
Nick Saltamanikas and Christina Georgos purchased the four-bedroom house at 1465 Ackerly Pond Lane, just west of Jockey Creek, from John Peters for $1.25 million.