Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 105, no. 20: [Articles]: May 15, 1920

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640 Hemlwr AJlled Real Estate Interasta Member B'klyn Board of Real Bstate Brokera Money to Loan on First Mortgages Joseph T. McMahon REAL ESTATE and MORTGAGE LOANS 188 and 190 MONTAGUE STSEKT BROOKLYN Telephone: Mmin tU SPECXA.L ATTENTION GVrKS TO COLLECTING. BENTING AVD HANAGEHENT OF B8TATEB Woolworth Building taken througb Pullshrd Wire Gl:i.sx Window In the Weslrrii Union Building. New York City Why not get the bene¬ fit of reduced insurance rates, together with the maximum of Fire and Breakage Protection? Install Mississippi Pol¬ ished Wire Glass with its silver white 'wire and sur¬ face equal to any plate glass, and save money. Write for Catalogue and Samples. MISSISSIPPI WIRE GLASS CO. Room 1712 220 Fifth Ave., New York City RECORD AND GUIDE 58th street, adjoining the rear of tbe main building. Is a 5-story brownstone building cov¬ ering a lot 21x50.5, while 306 West SSth street. Is a 4-story and basement brownstone dwelling, on a lot 21x100.5. The other 58th street numbers form part of the site of the main building. It is understood tbat "Reisenweber's" desired to sell because the neighborhood Is fast changing into an automobile center. May IS. 1920 street and 74 teet in Lafayette street, and was built hi 1910 by the sellers. Celntral Union Trust Buys. Gilbert & Kramer sold to the Central Union Tmst Co. 786-787 Fifth avenue, at the south corner of East 60th street, a 10-story huilding, on a plot 50.10x125. The buyer occupies the ground floor as an uptown branch of its busi¬ ness. The sellers bought the property from the estate of Henry Phipps several months ago. City Buys Police Station Site. Negotiations are about concluded by the City of New York for the purchase from the Rhona Realty Co. of 111 to 117 West 133d street, four 3-story and basement brownstone dwellings, each on a lot 16.8x99.11, or a total street frontage of 61.2 feet, between Lenox and Seventh avenues, Tbe purpose of the purchase is to provide a site tor a new station for tbe Thirty-flrst Precinct, now housed In a building in West 135th street, between Lenox and Seventh avenues. The Rhona Realty Co. only recently bought the properties. Hoffman Estate Sells Comer. The estate of E. A. Hoffman sold through bpear & Co., in conjunction with Edward J Crawford, to W. D. Kilpatrick the southwest corner of Greenwich and Murray streets, a 5- sty commerclai building, on a lot 27.2x78x34. Henry Street Settlement Buys. M. .Morgenthau. jr.. Co., sold for Dr. Samuel 11. Douglas s Pitt street, a 5-story building, on the east side of the street, just north of Grand street, on a lot 'A-.xliNi. The purchaser Is the Henry btreet Sptticnient, which already con¬ trols the building as tenant, and uses it in con¬ junction with the adjoining property, 466-468 Orand street, known as the Neighborhood Play- housi-. The building 8 Pitt street Is used for various settlement activities, and in connection with the .Neighl'orhood Playhouse. Seville Buys Annex Leasehold. Cruikshank Co. sold for the Almy Realty Corporation to the Hotel Seville. Louis C Raegner. president, the four lots of property l..-]i East 2Sth street and 18-20 East 2flth street. .-,iixJ(K). and being the portion of the proii'Tty covcrod by tli.- ann?x of the Hotel beville. Joseph Paterno Buys Mansion. -Mrs. F"anny Rftckwood, wife of Judge Nash Rockwood, sold her large Colonial residence, with plot l,2x.'!n4. at the northeast corner of Independence avenue and . West 252d street Iliy.-rdalp to .loseph Paterno. the west side buildt-r. It was held at $100,000. Mr. Paterno has also i.ur; ha.«p1 from the estate of Samuel D. Babcock an adjoining plot on Independence avenue, containing about 1% acres. Good Sale in Silk Zone. nilboa Realty fn., .Morris Polsky. president bought from the Pelhamback Realty Co 117- 119 East 24tb street, a 12-story loft building on a plot 46x98.9. ^' West S7th St. Plot Assembled. neniard Smyth & Sons sold for Miss Louise B Scott 2.S West .-)7th street, a 4-story and base¬ ment brick dwelling, on a lot 25x100,5, and for Cbarles T. Mathews .30 West 57th street a 4- V:S!^ and hasement brick dwelling, on a lot L>.-,x 11)0.0. Tho buyer of both parcels is Abraham H. Brown. Dunham Co. Buys in Leonard St. , R- Vollhart, who recently bought the 7-story oft building at 14 Leonard street, at the Juil¬ liard Estate auctton sale for Jf'J.SOO, has resold the property at a substantial proflt to the James H. Dunham Co.. of 340 Broadway, dry goods merchants. The buliding is on a lot 25x100. I he buyers also own 16 Leonard street, adjoin¬ ing, and wili use both buildings for warehouse purposes. Upper Broadway Parcel Sold. Clem Realty Co. sold 1699 Broadway, a 3- story brick building with store, on a lot 25 Ix 62x25x59.4. adjoining the Hotel Cumberland at the southwest comer of West 54th street. The selling company Is a holder for some of the heirs of the estate of Richard E. Mount, which had owned the parcel many years. Buys Big Loft Building. Benjamin Winter bought from the Thompson- Starrett Construction Co. the 12-story store and loft building, 692-694 Bradway, through to 384- .■588 Lafayette street, and extending the block on the south side of Fourth street. The building fronts 45.4 feet in Broadway, 275 feet in Fourth More Co-operative Buying. Pease & Elliman sold for the City Real Estate Co. a 9-story apartment house, on a plot 60x100, at 152-156 West 58th street, to a number of tenants, who will take over its management on a co-operative plan. Pease £ Elliman have been appointed agents for a period of years. There are 36 families in the house and the estimated rentals are $110,000 a year. Water-South Street Deal. William H. Whiting & Co. sold for Harold V. and Sterling P. Story 178-179 South street, ex¬ tending through to and including 335-337 Water street, the South street end being covered with a 4-story building, on a plot 41.9x76.10, and tbe Water street end by a 3-story garage, on a plot 37.4x75. The purchaser will occupy. Brodie's Old Quarters Sold. Estate of W. J. OUiof sold through Hiram Rlnaldo to Rudorter Bros. 114 and 114^ Boweiy, an old 2-sotry brick building, on a lot 25x100. Tbe late Steve Brodie, who became faimous by jumping from tbe Brooklyn bridge successfully, long ran a saloon in the building. The site will be reimproved with a modern building. Washington PI. Corner Sold. Spear & Co. sold for Joseph J, Asch 23 to 29 Washington place, at the northwest corner of Greens street, a 10-story loft building known as the Asch building, on a plot 100.8x100. Sells Royal Court Apartments; Catharine Danker sold to the Ed-Gerald Realty Co. the 6-story apartment house, known as Royal Court, on a plot 49.11x106.10, covering the block front on the east side ot 160th street, from Amsterdam to St. Nicholas avenues. Harlem Corner Changes Hands. City Real Estate Co. sold to Irving Bachrach and Ira Rosenstock 2432 to 2436 Seventh avenile, three 5-story brownstone apartment houses with stores. Tbe last-mentioned building is at the southwest comer of West 142d street, on a plot 34.5x75; 2434 is on a plot 20x75, and 2432 is on a plot 20.6x75. Remodeled Building Sold. William A. White & Sons sold for Frank Roe and others the 5-story store and apartment building, 174 West 72d street, on a lot 23.4x 102.2, whicb adjoins the southeast corner of Broadway and 72d street. The buyer purchases for investment. The property has been In tbe ownership of the Roe family since 1886 and was occupied as their residence until about a year ago when it was altered. Sell to Surrogate Cohalan. Surrogate John P. Cohalan, who, as tenant, had long occupied tbe 4-sty. and basement Owell- ing. 706 St. Nicholas avenue, on a lot 19.8x100, has bought it from Ennis & Sinnott, who had bougbt It a week before over tbe Surrogate's head from Justice Samuel Greenbaum of the Supreme Court. Sale of Dyckman Tract Corner. Emma Gabren sold to the C. W. S. Realty Co. the southwest corner of Tenth avenue and 213tli street, two ."i-sty. apartment houses, on a plot 90x Buy a Franklin St. Leasehold. RoethlTSberger A Co., dealers in cheese, who have been occupying 178 and 180 Franklin street for a number of years as owners of the lease¬ hold, have purchased the land- from St. Mark's ' Protestant Episcopal Church for about $31,000. The building is 6 stories and the plot 33.3z87.10. Caledonian Club Sells Its Home. Members of the New York Caledonian Club. one of the oldest Scottish societies in the United States, at a special meeting on April 27 voted to consider the possible sale of their clubhouse at 846 Seventh avenue, near 54th street. Conslder- able discussion centred upon an offer of $100,000 made by an automobile company, now located on West 59th street. The clubhouse has been occupied by the Caledonians since 1898. It is three storjes in height and covers a lot 25x100 feet. New Home for Amateur Comedy. Douglas L. Elliman & Co. sold for Mrs. Anna H. Braillard and Mrs. Harriett H. Smith, repre¬ sented by Joseph F. Seitz, 122 and 124 East Slst street two 4-sty. flate, adjoining St. Barthole- mew Church in the rear, on a plot 50x100.5. The buyer Is the Amateur Comedy Clhb. Oswald C Hering, president, who now have a small theatre ifi,^ "-emodeled stable in Snlffln Court, at East .36th street. It is expected that they will erect a clubhouse with auditorium and apartments on the site just purchased.