Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 32, no. 814: October 20, 1883

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October 20, 1888 1 he Kecord and Uuide. 809 Real Estate Department. Tbe market has been mixed this week. While tbe sales at auction have generallv brought low figures, tbe brokers report some good aales. On Monday the event was the sale of tbe Shattuck mansion on Fifth ave¬ nue, opposite the Windsor Hotel. Tbe owner would not permit his auctioneer to advertise the sale, so there was a very slim attendance, and the bidding waa confined to three persons. He probably lost $10,000 to $1.5.000 by bis ill timed fit of economy. Mr Shattuck paid $i5,000 for the lob in 1807, and it was supposed to be now worth §70,000. The house cost bim SliO.OOO. Property on Howard, Pearl, East Fortieth and East Seventy-sixth streets was sold last week under peculiar circumstances. Bids were asked for subject to incumbrances, but tbe amounts of the latter were not given, though asked for. Bidding, of course, u-ider auch circumstances is a mere farce. The auctioneers are not to blame in this matter, as they but obeyed the iustructiona of tbe persons who had the property in charge. Wben we have a regular Eschange no property can be sold in thia way, aa a charge of frjud and collusion, while it might not he true, could not well be disproved. There was a good attendance at the Exchange this week, especially on Wednesday, when improved property on Q-rand, Madison, E st Seventh street and Sixth Avenue Boulevard, aad lots on the aoutheast corner ot Ninety-sixth street and West Eud aveuue, aiw on One Hundred and Forty- first aud One Hundred and Forty-second streets were offered, On Thursday public auction sales of houses on East Fifty-second and East Fifty-fourth streets were held, and also a partition aale of a brick store and dwelling on Howard street, while on Friday the sale of flats on Sixty-first street attracted a fair attendance. The following is the list of Conveyances and Mortgasea for the week. It will be seen tha.tthenumber of Conveyances is larger, and the Mortgages smaller, than the corresponding week last year, while the amouiics involved thia year are smaller in both cases. Thi annexed district shows an increase in the amount of Conveyances of over 100 per cent. Tha following is tho table; coNVBVANOBa. 18S3, .Oct, 1.5 to IB, Inclusive. Number.......................................... 110 Amount iuvolved..................................$2,785,ia3_ Number nominal.................................. Sil Number of 33d and 34tb Wards.................... SO Amount involved.................................. $■10,135 Number nominal.................................. 0 1833, Oct. 18 to 18, Inclusive, 151) $2.53t,5-e 4! ■il 8S8,3( 6 10 1S5 $1,153.3HG 47 $397,300 19 $«9,5IXI UORTOAOBS. Number.......................................... 180 Amount involved..................................(SS,603.3!4 No. at 5 per cent................................. 43 Amount involved,................................ $728,80u No, to Banlis, Trust aod Insurance Companies... W Amount Involved................................ $709,950 The flne estate of the late Samuel Wood, at Woodsburgh, L. I., la now offered at private sale, as will be seen from advertisement on another page. Thia is a rare chance for investora, as the property will be sold cheap. It includes a splendid hotel, twenty-one cottages and 3,000 building lots, Woodsburgh is only nineteen miles from New York, and Is charmin.^ly located. A, L. Simonson, trustee, Nos, S to 9 Beekman atreet, will give pricea and particulars, Richard V. Harnett will have several good Bale* next week. On Monday, tbe "iSd inst,, be will sell the parcel knjwn as No, 263 East Broadway and No. S40 Divisiou street. This includes two houses and two good atores. Investors should be on haiid at this aale. On Tuesday, the 33d, Mr, Haroett will sell tbe fine house, No, HI East Fifty-fourth street, and the apartment houses, Nos. 336, 338 and 340 Ea^t Eighty-seventh street. Oa Thursday, the SStb inst,, be will aell the brown stone house, No. 261 West Thirty-fourth street, and the house and gore lot on the south side of One Hundred and Fifteenth street, 120 feet west of Second avenue. On Wednesday, November Tth, Mr, Harnett will set! the houses, Nos. 127 and 12a William street. Mr, Harnett will also sell on Monday, the 83d, the choice investment .property on the southeast corner of Fifty-eighth street and Second avenue. This includes a parcel of ground, 101,1x100, covered with valuable houses and stores, in a very improving neighborhooi. A. H, Muller wiil sell on Thursday, the S5tli Inst., a plot of four lots, southwest corner of Convent avenue undOne Hundred and Twenty-seventh street, Thts is a plot of the property of tbe Convent of tbe Sacred Heart. GossiD of the Week. Messrs. C. Graham & Sons have sold the new four-story and basement brick dwelliug, No, 133 East Forty-fifth street, size, 14x53x60, for $16,000. The four story brick dwelling. No. 563 Madison avenue, southeast corner Fifty-sixth street, size, 25x50x60, has been sold by Robert Hewitt, Jr., to Robert E, Bonner, of the Ledger, for $40,000. Messrs, R. T. Haines & Co. have sold the three-story brick dwelling, 33.6x60x100, No. 129 West Twelfth street, for $17,000, to Thomas Eean; the fourstory brown stone dwelling, 20.3x60x100, No. 153 West Porty- eigbtb street, to E, 8, Smith, for $35,000; and tbe tbree-story brick aud frame dwelling, 18,6x50x100, No. 519 East One Hundred and Seventeenth street, to Thomas W. Grimley, for $6,500. Messrs. Wm. Ciussow & Son have sold, for Benj. A. Willis, two lots, eacb 25x100, on the south side of Fortieth street, commencing 175 feet west of First aveuue, to Gordon Bros. The four-stori- stone froat dwelling. No. 77 West Fiftieth street, is still for aale. Mr. T, S. Van Volkenburgh having purchased anolher house on Fiftieth street, not No. 77, aa reported two weeks ago, John J. Clancy bas sold, for Charles H. Russell, eight lots, four on Seventy-first street and four on Seventy-second street, commencing about 144 feet west of the Boulevard. They are to be Improved immediately by an east side bnilder, wbo proposes to erect flve 30 foot housea on Seventy- second street and six 16,8 houses on Seventy-first street, the same to ha both tbree and four stories. J, J. Claucy bas sold for E. A, Wheaton the five-story brown stone flat, No. 461 West Sixty-,secoud street, 25x63x100, to Benjamin F. De Fries. Arnold Lustig bas purchased eight lots on Ooe Hundred and Twenty- fourth and One Hundred and Twenty-fifth streets Ifnur on each street), 75 feet eaat of Eleventh avenue, from the New York Life Insurance & Trust Company. Lambert Suydam has sold three lots, on tbe south side of Ooe Hundred and Thirty-first street, coniruencing 235 feet east of Seventh avenue, for $16,500, and they will be improved by tbe Baptist Church of the Redeemer. Austin Abbott bas sold a lot 85.1x100, on the northwest corner of Sixth avenue and Fifty-second street, for $23,,500, the purchaser being Peter Doelger, Francis J. Schnugg has sold a lot on the east side of Avenue A, near Seventy-sixth street, to Messrs, Schneider & Lotz, J, Hamilton Morrell has sold for the Parle Estate the tbree-story high stoop brown stone dwelling, No. 2428 Second avenue, 30x45x80, to WiUiam H, Ely, for $7,750. F. Zittel has sold the four-story higb stoop brown stone residence, No. 1147 Park avenue, 30x55x13x93, for William Croft to A. W. Patterson, for about §30.000. The same broker has sold six flve-story brick and brown stone flats on tbe southwest corner of Eighty-third street and Tenth ave¬ nue, one 27s90x06 and flve about 30x83x96, to Mrs. Crumble, mother of Geo. B. and Cbarles M. Crumbie, for $110,000. The same broker haa sold to Selig Steinhardt the pot, 165x100.5, on the southwest corner of Firat avenue and Sixty-filth street, and 235x140 on the south side of Sixty-fifth street, adjoining tbat plot, the consideration being $8.5.000. Yenne, McGowan & Co. have sold for Frank Seitz the flve-atory brown stone double flat, 25x75x95, No. 1351 Socond avenue, to G. Peper, for $18,350. A company known as tho Manhatt-tn has beeu formed ivith a capital of $3JO,OO0, divided iut>3,'IOO shares of $100 each. Wm, Noble, Thos. C, Van Brunt aud John Jay Pardee bairig thj incorporators. The special work o; the company will be the purcba.se of the te.n-story apartment house now under way at the -orth vest corner of Seventh avenue and Pifty-seventh atreet, which will be completed by Tbos. Osborne, wbo has commenced to build the same. It may be added that George W. Da Cunha agrees with Mr, Osborne to dispose of the premises mentioned above for $700,000, and has assigned said agreement to the Manhattan for a nominal consideration. Messrs, Ernest Flagg, Latham G. Re^d and Ranlolph Hurry are the incorporators of the Kandolph Company which has juat been formed, with a capital of $102,000, divided into 1,030 shares of $100 each, the business of tbe company will be to purchase, acquire, maintain and improve real eatate for apartment houses, ete. L. Froehlich bas sold the three-story brown stone dwelling, No. 314 Eaat Fifty-second street, size 19x50sl00, for Dennis Loonie to F. Dressel, for $11,250, and with P, Zittle has sold the four-story brown stone dwelling, No. 651 Lesington av, between Fifty-fourth and Fifty-fifth streets, size 18,6x.50x80, for Wm. Quinn, administrator to Alfred Lyona, for $17,500, Morita Bauer has sold, to L. Levi, five lots on the north side of Seventy first street, 300 feet west of First avenue, 135x100, for $5,500 eacb. Max Danziger has sold, to Jacob L. Maschke, the plot 178x100.4, on Sixty-ninth street, between Second and Third avenuea, for 156,960. W. J. T. Duff bos sold th3 old two-story frame house, No. 140 Eaat Eighty-fourth street, lot 35x100, to William Martin, for $B,335, Mr. Martin intends to improve the property, William C, Coup his sold tbe four-atory brown stone dwelling, 16.8x50 x70. No. 969 Lexington avenue, for $16,000, to a doctor. The Anderaon Eitate informs us that no sale has taken place of tbe Fifth avenue plaza lots. No contract for tbe sale has been entered into with the buyers mentioned; several parties are negotiating for the purchase, Frederick Gebhard has leased the fourstory building on the northwest corner ot Fourteeuth street and Fifth avenue, 50x100, to Robert Gregg, of Gregg Brothers, for fourteen years, at $10,500 and taxes per annum. Agents, Bennett & Wells and Alden & Sterne. Brooklyn, There will be a very important sale of Brooklyn lots and a mansion at tbe Salesrooms, No. 379 Fulton street, Brooklyn, on Thursday, October 25. At that date the estates of R, Sands Tucker and Wm. B. Cooper will be sold by tbe executors. The property to be offered then is situated in the Twenty-second Ward, near Prospect Park, on Carroll and Macomb streets, Garfield place, Uuion street, St. Mark's avenue, First and Second fltreets, and Fifth and Sixth avenues. These lots are all ready for improve¬ ment ina growing neighborhood only eighteen minutes by borse car from the principal ferries. Wben an elevated road is built, thes^e lota, of wbich there are 124 in all, will be very valuable. A fine house is also to be sold. Colo & Murphy, auctioneers, W. F. Corwith has sold for H, D. Van Orden three lots on the west side of Lorimer atreet, 170 feet south of Norman avenue, to Mrs. N. Bostwick, for $4,000; also for Sarah F. Richardson the lot on the west side of Dia- rooLd street, 400 feet south of Nassau av, for $700, to Michael M. Foley. D. B. Treadwell has sold for Anna Crearand the two-story frame dweU¬ ing with one-story extension, 20x35x100, ^o. 63 Java street, north aide, about 200 feet west of Franklin street, for $1,900. Tbe Chicago " Real Estate and Building Journal " publishes the table of valuable New York realty which appeared in the Record and Guide two weeks ago, aud at the same time gives tbe following list of bigh priced realty at Chicago, The comparison shows tbat the figures brought in New York are ten times greater than iu Chicago. The highest price per square foot obtained in tbe latter city was $33, while In this city the southwest I coiner of Wall and Broad streets brought $330 per square foot. Land in I the suburbs of Chicago, it appears, can be bought for the incredibly low