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March 14, 189C. Record and Guide. 437 and refined in the extreme. The trim of the dining room Is rich St. Jago red mahogany, brought to the highest point of brilliance by skillful workmanship. Fire-seats and cabinets of this beauti¬ ful wood are placed on either side of the mantels, and so al¬ most fill up the wall on that side of the room and in an attractive way. The effects in the dining rooms are as rich as they are graceful in the parlors. The trim of the library is red-birch, with bookcases to match. This room is laid with parquet flooring of appropriate design. The apartment at the rear of this is also trimmed in birch. Besides the usual and indispensable things that go Into a house of this class to make It acceptable to buyers, Mr. Stewart has added a number of others, an attention that ought to be ap¬ preciated. For instance, there are gas ranges, wine closets and refrigerators in the butler's pantry, and needle baths in the bathrooms. The kitchens are tiled and the laundries particularly well finished. Inquiries regarding these houses should be made of the owner on the premises, or at No. 102 West Slst street, or of any broker, and intending buyers are confidently recommended to In¬ spect them.—(Communicated.) Real Estate Market. The inclemency of the weather has doubtless proved detri¬ mental to the existence of a livelier market, but nevertheless the sales by brokers or individual owners direct foot up the very respectable sum of $3,200,000. Trades, however, figure exten¬ sively in the business of the week and have contributed more largely than usual to the total given. The thermometrical con¬ ditions have been particularly unfavorable for house buyers since Monday, and for that reason alone there has been a falling off of twenty-five per cent, in the week's sales of residences, and in addition several have been bought on speculation. Their pur¬ chase will involve an aggregate of about $820,000, an average price far greater than that of last week. Other grades of realty, particularly flats and tenements, have sold fairly well. Tho followiugavet're comparative tables for ances. Mortgages ami Projected Buildings for weeks of 1895 and 1896 : OOHTaTAHOBS. lo95. Mar. 8 to 14 Inc. Total number for enth-e city............ ono"aq?i Auioiint mvoived........................ »a,_uo,.i»u NumVier nommal.....................■•.• • • '■—' Nmuljer 23d and 24th WarrtP, oniilting new auuexed district (Act 18'J5)... J^ Amount mvolved........................ » j j / ,o.ij Wntnler nominal........:u" • V V • v'.:• Numlier 2:5d aud 24th Wards, iuclud¬ ing new annexed distiict........... .... Amount involvea........................ ---- Number uouiinal........................ •••• MOBTOAOaS. Total number...........................• fj-^ Amoiintlnvoived........................ »j,o/j..'jj Number over 5 per cent................. n,a
4 123 $677,»)18 115 $1,787,836 36 $830,600 34 $1,105,60 J 18!I6. Mar. 6 to 13, inc. 99 $3,454,970 Sales of a voluntary character were the feature this week in both auction rooms. The transactions on Tuesday were the most satisfactory, inasmuch as twenty-six parcels of^city prop¬ erty were disposed of for the aggregate sum of $548,3.50 to twenty-two buyers, among whom professional speculators cut a less important flgure than did the investing public. The parcels were all of moderate value, the highest price obtained being $54,000, and among them were five sold under legal decrees. There were two special offerings on that day at the Broadway Salesroom, which, with several minor announcements, suc¬ ceeded in drawing to the room a crowd such as had not before been present this season, and one that taxed its capacity to such an extent as to make moving about not only difficult but use¬ less, if the object sought was to get within hailing distance of either of the two most important auctioneers of the day after earh made his initial offering. The latter were Philip A. Smyth, who officiated at a sale of property owned by the estate of the late Maurice O'Brien; and Williani Kennelly, under -.vhose auspices took place a sale of property formerly belonging to Charles W. Lawrence, deceased, and other executors' sales fully as inter¬ esting. The last named auctioneer sold all but one of the prop¬ erties presented, the exception being the dwelling. No. 121 East SSth street, withdrawn on a bid of .$26,050. In addition to three New York parcels there were included iu the Lawrence estate property, a dwelling, etc., with Ol^.^ acres at Mastic, L. I., bought by F. M. Lawreuce for $2,000, and an adjoining tract of 108% acres, with house, etc., sold to Miss H. N. Lawrence for $5,.350. No. 92 East Broadway, the first parcel outlined in the auc¬ tioneer's pamphlet of the Maurice O'Brien estate's offerings, hav¬ ing secured a buyer at private contract, Philip A. Smyth opened the sale by presenting the flve-story store and business structure, Nos. 345 and 347 Grand street, for the consideration of his audi¬ ence. Business property on that thoroughfare, east of the Bow¬ ery, has, however, suffered so great a decline in value In the past few years that there was little disposition to bid shown, and it was finally kockcd down to a reperesentative of the owners for $09,500. Other parcels fared better, and the seven disposed of realized a total of $107,850, a sum equal to the expectations ot the heirs, who, being in no mood to permit needless sacrifices, directed the buying-in or withdraw-al of the following in addi¬ tion to the Grand street property: No. 212 West 105th street, at $26,100, and Nos. 42 to 40 West 133d street, at $12,975 each. Auctioneer Smyth also withdrew from foreclosure sale. No. 113 West SOth street. There were also offered at the same time and place three city parcels by William M. Ryan. One was sold. No. 315 West 110th street was bought in at $15,000, and the northeast corner of 2d avenue and 95th street at $-28,200. Richard V. Harnett & Co., on the same day at the Re.tl Estate Exchange, -w-ere successful in securing buyers for five parcels owned by the estate of Albert W. Smith, deceased, on 9th avenue and 42d street. No. 35S West 43d street, oftiered for the same estate, was bought in at ¥17,900. The same firm sold an elon¬ gated lot on Edgecombe avenue for the executrix of the will o£ Richard Carman Combes, and withdrew No. 152 West lODth street. The most valuable of the many properties that passed under the hands of the auctioneers, more valuable in fact than all the others of the week combined, was, of course, the well-know-n Osborne apartment house at 57th street and 7th avenue, and Us offering by Richard V. Harnett & Co. at the Real Estate Ex¬ change on Wednesday attracted the usual large attenda-ice of investors, representative brokers and persons impelled by curi¬ osity that gathers at every important auction, and especially on the rare occasions when a million-dollar property is put up. The apartment buildine- was sold to close the estate of the late John Taylor, who in his day was prominently identified with real estate operations. Auctioneer Harnett stated before asking for bids that the building, while in an unfinished condition, w-as sold in March, 1888, for $1,000,900, and subsequently when completed was bought under foreclosure by the mortgagees and present owners for $1,300,000. He also said that the building, which Is at present fully rented, yielded a gross annual rental of .$99,905. It was learned later that the net yearly income amounts to about $72,000. The bidding started at $750,000, and advanced by easy stages until $1,010,000 was reached, at which price the Osborne became the property of Dr. John S. Ely. As Mrs. Ely is a daughter of the late Mr. Taylor and one of the feveral heirs of the estate, the presumption is that the purchase was made In her individual interest. The total number of bids re¬ ceived w-as twenty-five. A departure from the customary ten per cent, rule was the announcement made previous to the sale that only five per cent, of the purchase money would have to be paid before the completion of the transaction. Another unusual feature was giving the buyer the privilege of acquiring the ad¬ joining street lot, 25x100.5, also owned by the estate, for $;i5,000, a low figure as prices go in that neighborhood. It Is almost un¬ necessary to add that Dr. Ely did not fail to avail himself of the privilege. At the Broadway salesrooms on the same day Bryan L. Ken¬ nelly sold under direction of the executors of the wfll of Robert Greacen, deceased, eight full lots on ISSth street, betw-jen Am¬ sterdam avenue and the Boulevard, and eight adjoining in the rear on 159th street. They were disposed of separately to seven different buyers for a total of $82,5.50. The old Kin.gsbridge Hotel property, consisting of a large plot on Broadway, Hyatt and Ashley streets, offered by the same auctioneer, was bought in at .$42,000. Philip A. Smyth offered at public auction the fol¬ lowing, all of which were bought in or withdrawn: No. 244 West 25th street at bid of $9,200; No. 225 West 29th street at $17,000; No. 243 West 39th street at $14,100, and No. 302 Bast S2d street at .$9,200. William Kennelly similarly offered and withdrew three lots on Inwood street, near Prescott avenue, at $1,700 each; four lots on 216th street, 300 feet east of 10th avenue, on bids aggregating $3,72-5, and tbe leasehold property. No. 734 Sth ave¬ nue. Peter F. Meyer & Co. adjourned to the 25th inst. a fore¬ closure sale of the leasehold No. 45 New Chambers street. Richard V. Harnett & Co., will on Wednesday neyJ. the 18th inst., sell at auction the following parcels in the Real Estate Exchange, Nos. 59 to 05 Liberty street: No. 4 Oth avenue, northeast corner of Minetta lane; Nos. 214, 210 and 218 West Houston street, leasehold; No. 32 East Broadway and No. 244 East 104th street. On 'Thursday next, the 10th inst, and in the Real Estate Salesroom, No. Ill Broadway, they will .sell No. 105 West 47th street. They also announce for Wednesday, the 25th inst., that they will offer by order of the executors of Fred¬ erick C. Linde, deceased, the fine business parcels, Nos. 182 and 180 Pearl street, two six-story and cellar brick buildings and lots, located on the east side of Pearl street, about midway be¬ tween Pine street and Maiden lane. For fuller descriptions of these properties, with dimensions, etc., readers should consult our advertising pages, and inquire of the auctioneers at Nos, 71 and 73 Liberty Btreet for maps and other information.
