Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 67, no. 1720: March 2, 1901

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March 2, 1901. RECORD AND GUIDE. The following are the comparative tables of Ifanhattan and Uie Bronx of the Conveyances, Mortgages and Projected Buildings for the corresponding weeks of 1900 and 1901: CONVEYANCES. 1901. 1900. Peb. :,;l to ^.S, h;e Feh. 23-Mar, l.inc. Total No. for Manhattan 264 Tofal No. for Manhattan 204 Amount Involved.......53,362,686 Amount involved.......13,192,876 Number nominal ....... 129 Number nominal....... 132 1901. 1900. Tola] No,, Manhattan, Jau, 1 to date.. 1,921 1,802 ToUI Amt., Mauhattan, Jau. 1 to dale. $22,181,712 $17,836,808 1901. 1900. „ , . ^, l^'plJ ^1 (0 ^S, i- p Feb. 23-Mar. l.ino. Total No. (or The Bronx 107 Total No. for The Bronx 98 Amount involved ....... $353,140 Amount Involved....... $202,272 Number nominal ....... 63 Number nominal....... 47 .,, , , 1001. 1900. Total No,, The Bronx, Jan, I to date.. . 651 725 Total Amt., The Bronx, Jan. 1 to date. -¥1,998,752 , .$2,017,397 ,., ^ , ., lOoi. lyoo. ■ otnl No., Manhattan, and Tiie Bronx, Jan. 1 to date....... 2,572 2,527 Total Amt.,Manliattan and The Bronx, Jan. 1 to date....... $24,180,464 $19,S54,205 MORTGAGES, 1901. 1900. ,--Feb. 21 to 28, inc.—^ ^-Feb, 23-Mar, 1, inc.-^ ^ ^ , , Manhattan, Bronx. Mauhattan. Bronx. Total number............ 237 93 202 76 Amount involved......... $5,639,877 $637,936 *$1S,291,877 $533,091 Number over a%........ 104 38 90 33 Amount involved......... $1,912,162 $193,446 $1,235,327 $218 244 Number at 5%............ 61 45 51 37 Amount Involved......... $1,851,172 $261,490 *$15,770,650 $253 797 Number at less than 5%... 72 10 61 6 Amount involved......... $1,876,543 $183,000 $1,285,900 .1;G1,050 No. above to Banks, Trust and Insurance Co.'s..... 91 15 50 10 Amount involved......... $2,792,950 $286,200 *$16,030,000 "$109,000 1901. 1900. Total No., Manbattan. Jan, 1 to date,. 1,963 2 013 ToUl Amt., Manhattan, Jan. 1 to date. $42,283,120 $49,379,013 Total No., Tbe Bronx, Jan, 1 to date.. . 647 667 Total Amt., The Bronx, Jan. 1 to date. $3,348,687 $5,354,934 1901. 1900. Total No., Manhattan and The Uronx, Jan. 1 to date....... 2,610 2,680 Total Amt.,Man hattan and The Bronx, Jan. 1 to date....... $45,631,807 $54,733,947 ■Includes a mortgage to tha Kdlson Electric liiuminatfog Co. for $10,- 000,000, to secure bonda. PROJECTED BUILDINGS. 1901. 1900, Total No. New Buildings: Feb, 21 to 28, inc. Feb. 23-Mar.l,inc Manhattan........................ 38 18 The Bronx........................ 36 10 Grand total.................... 74 28 Total Amt. New Buildings; Manhattan........................ $2,924,300 $778,900 The Bronx........................ 506,500 254,700 Grand total.................... $3,430,800 $1,033,600 ToCai Amt. Alterations: Manhattan....................... $79-400 $135,145 The Bronx........................ 20,860 18,250 Grand total.................... $100,260 $153,395 Total No. New Buildings; Manhattan, Jan. 1 to date.......... 221 114 The Bronx, Jan, 1 to date.......... 178 78 Manhattan-Bronx, Jan. 1 to date... 399 192 Total Amt. New Buildings: Manhattan, Jan. 1 to date.......... $16,820,965 $6,085,850 The Bronx, Jan. 1 to date.......... 1,796,100 806,320 Manhattan-Bronx, Jan. 1 to date... $17,617,065 $6,892,170 Total Amt. Alterations: Manhattan-Bronx, Jan. 1 Jo date... $835,765 $920,887 -------------------------------------------------------------------------------------■--------------------------------------------------•---------------------------------------------------------------------------------------------------------------------------------------- COPIES WANTED. Fifteen cents each will he paid for copies of No. 1416 of Record and Guide, delivered at our office in good condlUon. Record and Guide, 14 Vesey nt Ooftslp of the Week. A MODERN OFFICE BUILDING ON THE 23D ST. TRIANGLE. Two weeks ago the Record and Guide reported that Samuel Newhouse, the owner of the triangle at the junction of 5th av, Broadway and 23d st had bought the Cumberland, an apartment house adjoining, and completing the block. The brokers In this transaction were E. A. Cruikshank & Co. This whole plot, front¬ ing 219.3 on Broadway, 2 feet on 23d st, 202.10 on 5th av and 8b feet on 22d st, has now been resold by Mr. Newhouse to a syn¬ dicate, who will improve the plot by a 20 or 23-story office and commercial building. C. B. Harreil was the broker in the re¬ sale and the amount involved was about $2,000,000. The new building will cost about $1,800,000. The Eno triangle cost Mr. Newhouse $800,721 and the Cumberland sold for $750,000. The 2od st end of the plot,will be torn down May 1 and work started at once, as will also the work on that part of the Cumberland on which the leases have expired. This is the second seven-figure ti'ansaction Mr. Harreil has Closed within a year, the other being the southeast corner of 4th av and 19th st. THE BRONX FIVE-CENT FARE BILL. "One of the principal objects of the five-cent fare bill which I have introduced in the Assembly," says Assemblyman Cooley, "is io prevent the Harlem River Branch of the New Tork, New Haven and Hartford Railroad charging more than 5 cents be¬ tween any two points within the City of New York. This brancii line runs from 129th st to New Rochelle. The last station within the city limits being Bartow." aOTTTH OF 59TH STREHIT. 55th st, No 45 West, 4-sty brownstone dwelling on lot 18.9x 100.5; seller, Mrs. Sadie F. Dearborn; buyer, a Mr. Rathbone. 50th st, No. 16 East, 4-sty and basement dwelling on lot 21x 100.5; seller, Mary E. Terrell. Wall St. No. 38, 6-sty building, 21.6x95.11x22x96; seller, Central Realty Bond & Trust Co.; buyer, Nathaniel L. McCready, The sellers bought the property in January for $202,000. The buyer is a Special partner in the firm of Post & Flagg, Wall st bro¬ kers, who will move their offices to this building when the leaae expires. Ogden & Clarkson were the brokers. 12th st, Nos. 330 to 338 East, old building on plot 92.3xl03.3x irregular; seller, John T. Nagle; buyers, Lowenfeld & Prager. 1st av. No. 84, northeast corner of Sth st, 5-sty tenement; sell¬ ers, Lowenfeld & Prager; buyer, Thomas Rothman. East Broadway, No. 89, 5-sty building on lot 25x90; seller, David O. Fowler; buyers, Lowenfeld & Prager; broker, John Davis. Broome st, Nos. 297 and 299. old buildings, on plot 43x87.6; sellers, Adolph Pllsser and Weber & Fields; buyers, Lowenfeld & Prager. 55th st, No. 54 East, l-sty brownstone dwelling on lot 16.6x 100.5; seller, Noah T. Swezey. Lexington av, northeast corner of 49th st, old buildings on plot 100.5x51.3; sellers, the Hudson Realty Co. (Maximihan Mor¬ genthau, president); buyers, Gundlach & Koch, who will erect a 7-sty elevator apartment house; broker, A. Rothmiller. St. Marks place, No. 43. old building, on lot 25x100.8; seller, George Campbell; buyers, L, and J. Pizer. 44th st, Nos. 149 and 151 West, two 4-sty dwellings on plot 33.4x100; sellers, Johanna M. Williams and Louise J. Ashforth; buyer, Sidney C. Moos; brokers, Ranald H. Macdonald & Com¬ pany. The buyer will erect a 10-sty bachelor apartment house on this site. 13th st, Nos. 224 to 228 East, old buildings, each 21.5x103.3; Louis Lese, Isabella Scribner and Rachel Simon, owners; buyers, Hyman & Oppenheimer; broker, John Peters. The buyers will erect tenements. 2d av. No. 176, 4-sty and basement dwelling; seller, David Lippman; buyer. Dr. H. R. Eorst. Broadway, Nos. 838 and 840, southeast corner of 13th st, 12-sty store and loft building, on lot .50,6x95.1x21.10x102.1; seller, Henry Corn. This site was acquired in a trade with Henrietta Kahn in 1899, figuring in the trade at $245,000, and the building was esti¬ mated to cost $350,000. The price for which the new buildins sold is said to be considerably less than the com-hined figures Charles A. Gould, who recently acquired No. 830 Broadway, in a trade, for ,'^327,500, is the buyer. The present transaction is re¬ ported to be for "cash." Herbert A. Sherman is the broker. 26th st, No. 50 West. 5-sty building, 15.9x98.9; sellers, Mandel¬ baum & Lewine; brokers, William J. Roome. Pine st, southeast corner of William st, 8-sty building, on plot 68.5x91x74.Sx irregular, has been sold by Mrs. Mary P. Iselin to Flake & Dowling. In exchange the buyers give the 12-sty build¬ ing, Nos. 95 and 97 Liberty st, on plot 30x120. The sellers ac¬ quired the last-mentioned site at a partition sale in 1896, for .t;i25,500. It was sold by them to Thomas R. White, subject to a mortgage of $188,000, and a building loan of $102,000. Unusual difficultywas encountered with the foundations. The property was foreclosed in 1899, the present sellers, as plaintiffs, becoming the purchasers at $431,900. 56th st, south side, 125 feet east of 10th av. 32x100, vacant; seller, Amos F. Eno; buyer, the Mission of The Immaculate "Vir¬ gin; broker, John J. Coady; price, $12,000. A club-house and home for poor boys will be erected. 4Gth st. No. 163 West, 4-sty dwelling, on lot 20x100; seller, a Mr. Van Buren; buyer, Amos F. Eno, who owns No. 164, adjoin¬ ing; broker. John J. Coady; price, $38,000. The seller bought the property in November last for .^35,000. 3d st, No. 107 West, 6-sty tenement, on lot 25x100; seller, Adolph Tsheppe; brokers, Michael E. Pepe Se Bro. Charles st. No. 127, old building, 25.11x51.9x29x41.8; seller, James Keese; buyer, Edmund Coffin; brokers, Samuel Goldsticker and Charles E. Duross. The seller bought the lot in August last for $5,000. 46th st, Nos. 129 and 131 West, two 3-sty dwelllnga; sellers, Henry Tiedgens and Elizabeth A. Pinigan, It is said the buyer will erect a 5-sty stable on the site. 51st st, north side. 160 feet east of Sth av, 82.6x100.5, vacant; seller, William G. Park; buyers, John T. and Jas, A. Parley; brokers, Pease & Elliman. The seller bought the iot In June, 1900, for $100,000, and has resold for about $110,000. Slst st. No. 54 West, 4-sty and basement dwelling (Columhia College leasehold), on lot 21x100.5; seller. Dr. Herman J. Boldt; buyer, a Mr. Eddy.