Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 24, no. 591: July 12, 1879

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Real Estate Record AND BUILDERS' GUIDE. Vol. XXIV. NEW YORK, SATURDAY, JULY 12, 1879. i^o. oDl. Published Weekly by TERMS. ONK Y£AJl. in advance....SlO.OO. (Coinmunications should be addressed to C. W. SWEET, Nos. 345 AMD 347 Broadway MARKET REVIE^W. REAL ESTATE MARKET. The only noticeable^ sale of the week at the Ex¬ change Salesroom was the partition sale of improved and unimproved property belongint; to the Beekman estate, the attendance was large, but the bidding was not spirited, and, after several parcels bad been sold to parties in interest, tbe sale of the remainder was adjourned for two weeks. In the way of private sales, the following are reported: Park avenue, westerly front of block, between Eiebty-eighth and Eighty- ninth streets (200x230). for $99,000 ; house with lot (34x80). on the southeast corner of Lexington avenue and Thirty-ninth street, for $19,000. to Dr. Dunn; (our-Btory brick dwelling with lot. (25x85.7). on the northeast corner of Park avenue anil Thirty-fourth street, for $19,500, to Dr. Keys; four-story brick dwelling with lot (S.'ixlOO.S), No. 141 Thompson street, for $21,300. and the four-story stone .front dwelling with lot (25x100). No. IT East Forty seventh street, for $42,500, to Mrs. Kate de Forest. Twenty.two plans, embracing forty-nine buildings, have been filed during the week. The estimated cost <>J said buildings is $457,250. The item in The Rzcord of last week, in relation to (the connection of the New York Loan and Improve- iment Co., with the purchase of the charter tor the •conHtruction of the tunnel under the Hudson River gave active employment this week to a number of reporters on the dally papers, who have interviewed all of the oflicials of that company that they could find, but the columns of matter written about it have con¬ tained nothing new; of course, tbe oiUclals denied all knowledge of it, so they did the reports oi the consoli¬ dation of the elevated companies, a-nd more recently the reports about the reduction of the fare from ten cents to five cents. It is the business of the officers of this company to keep property-owners in' ignor¬ ance of their plans, but it is the business of The Record to give this information when it is received from authentic sources. Tho following are tbe sales at tbe ISzchange Sales¬ room for the week ending July 11: *Indicalef that the property described has been bid in for plainiijT.^ account: •Bond st (No. 6), n s, 201.3 e Broadway, 25.3x lUO, to Mutual Life Ins. Co. (Amount due, about $2-2,000)............................ 11,000 *Bond st (No. 31), s s, 25x119.11x25.6x124, to Mutual Life Ins. Co. (Amount due, about $18.000).............................. 11,000 Elizabeth st (Nos. 190 and 192), e s. 121 s Prince St. two twostory brick buildings, part of soap and candle factory, 50.11x97.1. to James Buchan (defendant). (Amount due, about $16,200)........................... 20,000 Market st (No. 52). e s. near Monroe st. 25x 87.4, to Henry Smith. (Partition sale). ... 4.000 Rutgers st (No. 25). e s. near Madison st, three- story brick dwell'g with stable in rear, 26 X 101.6. to P. H. Manley. (Partition sale).. 15,000 5th St. 8 w s, part of lot No. 42. on map of tbe village of Morrisania, 41x92. to Cbas. Levy. (Amount due, abt $:V'<'-^)................. 3,550 * Wth st, s B. 283 e7th av, 35.7x93.9, to Nicholas F. Palmer et al. (exrs.) (Amount due, abt $7,300) .................................... 8,000 *:«)th st, 8 8,190 e 7th av, 23x85.6, to Edward Wood et aI. (exrs.) (Amount due, about ^6,100;......,..,.,...,..,...,.,,...... ,....„., 6,900 •30th st, s p. 34.4 e 7th av. 18.4x40. irreg., to Francis G. Rogers (exr.)................... 4,000 *30th st(No. 150), ss. 52.4 e7th av. 2.3x53.4. four- story framestore and dwell'g. to Francis G. Rogers (exr.)........................ 3,700 *30th St. s s. 75.4 e 7th av. 23x98.9, vacant, to Francis O. Rogers (exr.) .............. 5,C00 ♦SOth st (No. vm, n 8. .351 e 7th av, 21x98.9, to Francis G. Rogers (exr)................... 5,000 42d st (No. 3-«). n s. 3.50 e 2d av. 16.8x100.5, three-story stone front dwell'g. to James Kelly. (Amount due. abt $6,500) ......... 0,950 •46th St. 8 s. 80 w Bth av. 20x100. to Equitable Life Assur. Soc. (.Amount due, about iU,'iQQ).................................. 12.000 •59th St. s s. 250 e 2d av. 25x100.4, to Emigrant Industrial Savings Bank. (Amount due, about$3.550) ............................. 2,500 ♦66th st, s 8. 175 e 1st av. 'i5xl00.5. vacant, to The Emigrant Ind, Sav. Bank. (Amount due, abt$l,300.)............................ 1.600 ♦75th st, 8 s. 215.6 e 1st av, 18.9xl0-2.-2. to Tris¬ tram B. Mackay. (Amount due, about $-J,700) .................................... 3.300 87th St. n 8, 100 e Av A, 215x100.8x2-^0x100,8. with water front, to J. M, Littell. (Public auction sale)........................... 35,500 121st st, s 8. 207,6 e 3d av. 67.7x100.10; No. Hi, four-story frame store and dwell'g; No. 221 and *.'2H. two four-story frame dwell'gs. to R. M. Strebeigh. (.A.mount due, abt »3.450.) 13.000 130th St. n 8. 100.1 e Broadway, runs north 120 X southeast 74.7 x southwest 91.6 to 130th St. X west, 18.10. to Harriet E, Nichols (mortgagee), (Amount due. about $ii.250), 2,500 *Av C. w 8. 2:j n 13th st, 2-2.10x65, to Anna Ot- tendorfer................................ 5,700 Fordam av, w s, 100 s Sth st. 50x180. irreg, to Chas Levy, (.\mount due. abt $t..550.)... 2,450 ♦Lexington av, e s. 40..'» s 47th st, 20x85, to Union Dime Savings Inst, (Amount due, about $16,:J50)........................ 13,480 ♦Madison av, w s, 27.2 n 75th st, 75x95. to Mary A. Davis. (Amount due, about $57,650)... 69,000 4th or Park av (No. 61). w s. 22.1 s 38th st, 17i 80, four-story stone front dweU'g. to Geo, n. Stone, (Aniount due. about $21,250.).. 35,000 •10th av, e s. 71 s I>awrence st, 81x47x74 8x85.8, to Mary H. Sayre........................ 5.000 *10th av. s e cor 1.58th .st. 100x150. to Mutual Life Ins. Co. (Amout due, about $18,000). 12,000 .♦nth av (No. 842). e s, 50,5 n 57th st. 25x50. five-story brick store and tenem't, to Aimee T. La Farge. (Amount due, about t6,100,).................................... 3,900 ♦Ilth av (No, .S-10). e s, 25.5 n 57th st, 25x50. five story brick store and tenem't. to Aimee T. La Farge. (Amount due, about $0.400.).................................... 6,450 ................... .......$327,480 Total. BROOKLYN. N. Y. In the city of Brooklyn, Messrs. T. A. Kerrigan and J. Cole have made the following sales for the week ending July 9 : Bergen st. n s, 345.6 e Grand av, 29.6x110, to G.H.Davenport.,...................... $500 Boliverst, ss. 125 w Canton st, 25xl25x25,lx 119,11. to L, J, Burtis..................... 1,200 ♦Hancock st, n s, 2-33 e Patchen av, to Henry M, Adams..........................._....... 2,000 •Warren st, n e cor Carlton av, 22x95. to Mu¬ tual Life Ins. Co............................ 5,000 ♦South 2d St. ss, 179.10 e 1st st, 36x75, to Jesse F.-Sammis................................. 2,500 South 5th st, s e cor 6th st. 20.vS0, to Meta Jo- hanns..................................... 1,500 •nth St. s s, 147.3 w 6th av. 19.5x100, to Ann E. VanNuyse................................. 1,000 •Bushwick av, e s, 40.2 s Prospect st, 40,2x79,1, to Marietta Brush (guard., &c,)............ 2,0C0 ♦Flushing av, ss, 75 w Cumberland st, 25x89,2 («), to Henry P. Freeman.................. 3,000 Tompkins av, s w cor Putnam av. 40x95, to Blarlln J. Dowhng. (Morts. $900)....... 2,900 ♦Tompkins av. w s, 40 s Putnam av, 20x95, to Samuel Hanna. (Morts, $^0)............ 1,300 Total...................................$-23,200 ----------------4*»---------------- BUILDING MATERIAL MARKET. BRICKS.—The influence of the holiday was still to be observed during the early portion of the current week, the arrivals proving very limited, and cargoes at times difficult to secure. About Wednesday sup¬ plies commenced to come forward again with con¬ siderable freedom, but as the wants of consumers had in the meantime accummul^tei}, the den^iand proved very tpilck. and full prices were obtained without diRlculi.v. In some cases buyers were anx¬ ious enough to pay a little premium on desirable car¬ goes of both Up-Rivers and Bays; but this was not general enough to establish a positive advance. The market, taken altogether, retains a good healthy tone, and we find the trade in a cheerful mood. For Pales there is not a very heavy demand, but still tho supply appears to fairly exhaust itself in meeting the calls made, and full former rates ace secured, espe¬ cially so on fine parcels. Tbe better styles of Fronts from the Hudson River yards are still sold ahead of production, and at former prices, and there is a good average for the higher grades of Front brick. We quote Pale, ^ M $-2.5l'®2.75; Hards. JerseysS>.50(S5.00: Up-Rlvers, $5.00(^5.25; Haverstraw bay. $3.37}^g;.5.75; favorite brands. SO.CO; Fronts, Croton- Brown. $7.50 ®9.00: dark. $S.0o@9.00; red, $9.(X»@S9.1-2}6; Phila¬ delphia, $-26@-28; Trenton, $-21®-29; Baltimore. S31®:)8, Yard prices, delivery included, $2.0^i@3,00 higher on ordinnary and $5,00®0.t)0 on fronts, LIME.—There is nothing new reported on this mar¬ ket. Supplies offering have been moderate, and there is little likelihood of any early increa.se; but as the stock of the principal dealers do not as yet com¬ mence to exhaust, the demand is not stimulating. When a change does come, it will in all probability be to a higher range. LATH.—The market has shown considerable irreg¬ ularity of late with the range, however, a trifle higher than recently quoted. A considerable supply of stock came to hand and met a good demand for a time through which sellers marked the rate up to $1.45 per M., and at this we have reported to us a number of good sized sales, but very sharply after, and. indeed, upon the same day, from other sources, we learn of transactions, both on the spot and to arrive, at $1 40. and sellers still willing to listen to bids at the same rate. Size of invoice, place and facilities for delivery and "terms," ail tend to make some difference in value, and it also takes a smoller quantity to '• fill up" the orders this season than usual. The consumption is good enough and likely to continue, but buyers are seldom inclined to anticipate their wants, and somehow the market does not appear to respond to ** bulling." HARDWARE.—The calls made upon the stock are now of a desultory character, and cover merely such parcels as may be required for some unexpected shrinkage of accumulation in the hands of jobbers. It is. however, the " dull season " in the whole.