Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 79, no. 2047: June 8, 1907

Text version:

iirz RECORD AND GUIDE June 8, 1907 was secured. In both instances the price per sq. ft. was less than the sum paid by Mr. Isman in his most recent acquisition. It is definitely staled that tbe purchase was for "all cash," no element of trade entering into the transaction whatever, 5TH AV—Thomas A. Edison sold 10 Fifth av, northwest cor of 8th st, a 4-story dwelling, 28,4x100. Mr. Edison bought the prop¬ erly from R. HaU McCormick aboSt a year ago. Corner on Tth Ave. Piu'chased for Improvement. 7th av—stuyvesant Co-operative Buildings, a corporation or¬ ganized hy Walter Russell, tbe artist, bought from Michael Cole¬ man the southeast corner of 58th st and 7Lh av, 100x125, and wil erect thereon a 12-sty apartment house. The brokers in the deal were Alwyn Ball, Jr.. Frank Hugbes and Charles H. Bliss. The co¬ operative building which is to cover the above site will be one of the handsomest ever built on Manhattan Island. Its cost is esti¬ mated at about $1,350,000. Each apartment is to contain 14 rooms and 5 baths. 8th AV—West Side Bank purchased from the Haslett eslate, 483 Sth av an old 4-Etv building, 24.9x100. The parcel adjoins the northwest corner of 34th st, which the institution owns, and also abuts the bank building, Nos. 485 and 487. On the cor plot, 49.5x 100, the owner will shortly erect a modern structure. IOth av—Gillen Sc Stryker, in conjunction with C. E. Linthicum, sold for Herman Reher 136 and 138 10th av, two 3-sty brick tene¬ ments, with stores, 44.6x100. NORTH OF 59TH STREET. 65TH ST—H, C. Senior & Co. sold for Levi L. Felt, of Hartford, Conn., the 3-sty dwelling 134 West OSth sl, ISxlOO, to a Mrs. Hurl- hut, 67th st-—E. E. Tisch Sr Co., in conjunction with A Steinman and J Adler sold for Mr. Weinslock, 224 East 67tb st, a 6-sty new law house, 40x100,5; fo the Prescott Realty Company, which gives m exchange 172 East 96th st. a 4-sty double flat, on plot 30x100.8, and 229 East Slst st, a 4-sty double flat, with stores, 25x102.2. 7GTH ST.—Isaac Haltenhach sold for David Bernstein, 229 East TOth st, a 4-sty double flat, 2-5x100. 7TTH ST.—Pease & Elliman sold for Andrew Fletcher 339 and 341 W^est TTth st, two 5-sty American basement dwellings, on lots 20 and 15x102.2, adjoining the norlh corner of Riverside Drive. The buyer will occupy. g3D ST —-McVickar-Gaillard Realty Company sold for Charles Morrill 28 West SSd st, a 4-sly dwelling. 19x102.2. OOTH ST —Mrs. Kale Black sold to Julius Tishman tbe 5-sty lime¬ stone .\merican hasemenl dwelling 25 West OOth st, ITxlOO. Tbe buyer will occupy the bouse. McVickar-Gaillard Really Co. nego¬ tiated the deal. OOTH ST—In part payment for 141 and 143 West 20th sl, Mr. Landeker takes 07 West 90th st, a 3-sty dwelliug, 18.9x100.8, and 64 lots at Roselle Park, N. J. 94th ST —Arthur G. Muhlker has resold for Ernst A. Bohnig the two 5-sty flats, 332 and 3-34 East 94lh st, 50x100.8. 97TH ST—Frank M. Frauklin sold 229 Bast 97th st, a 5-sty flat, 25x100.8, lo M. Lint. 99th ST.—In part pa.yment for the southwest eorner oE Av A and 07th st Shweitzer Bros, give to Silverman & Son the plot 250x 100.11, on tbe north side of 99tb st, 100 feet west of First av. IOOTH ST.—S. Steingut Se Co. sold for F- M. Franklin 119 and 121 East lOOlh st, two new 5-sty flats, each 25x100, to 0. Karp. 109th st —D Phoenix Ingraham & Co. sold for Fifth Avenue Trust Company 102 West 109th st, a 5-sty triple flat, 25x100,11, adjoining the southwest cor of Columbus av, lllTH ST —Isaac Hattenbach sold for Lena Michel ITT East lllth st, a 4-sty flat, 25x100,11. 113TH ST.—Joseph Roberts bought frora Sarauel Mandel the lot. 25x75, on the south side of n3th st, 100 feel west of Lenox av. The huyer will erect a 5-sty flat. Purchaser for a Leasehold. 115th ST.—Charles Funcke sold to D. B. Phillips, through S. Phillips, the 3-sty brick stable 307 to 311 East llSth st, 75x100, leasehold. IITTH ST.—Meyer aud Rose Rosenherg sold to Moses Upland 142 and 144 West llTth st, two 5-sty flats, 50x100,11. 120th ST.—Axel A, Olsen sold for a client to Milton C. Henley 243 East 120tb ts, a 5-sty double flat with stores, 2.5x102. 121ST ST.—Isidor Federman sold for M. Morgenstern to M. Lefko¬ witz. 321 and 323 East 121st ts, a 6-sty apartment house, SOx 100.11. 123D ST.—Shaw & Co. sold for John W, Calahan. 354 West 123d st, a 3-sty dwelling, 10x60x100. Bishop Walters a Piu'chaser. 134TH ST.—Melvin J. Chisum sold for a client 20S West 134th st to the Right Rev. Alexander Wallers. In the near future this is to become the diocesan house of the A. M, E. Zion Church. 13-5TH ST.—Hofmann & Tetart have sold for a client to Johu J. Cronin 4 West 135lh st, a S-sty tenement, 20x99.11. 136th ST.—A. V. Amy Sc Co. sold 492-494 West ISOth st, a 5-sty new law apartment house, 50x100. to M. Fraade. Apai-tnient Traded for Jersey Tract. 141ST ST,—. L. Mordecai & Son and Frank Hughes sold for S. M. Schatzkin to Jacob Axelrod, the two 6-sly elevator apartraent houses at 227 to 233 West 141st st, each on plot 62:6x99,11, Mr. Axelrod gives in part payment the property of the Park Heights Land and Water Company, at Passaic, N. J., containing about 1,100 lots and a lake. Stable Finds Buyer. AMSTERDAM AV.-F. & G. Pflomm resold for Cbaries E. Johnson 344 Amslerdam av, a 2-sly brick stable, 25.6x90. Mr. Johnson recently bought the property ihrough the sarae brokers. Apartments Purchased for Investnient. COLUMBUS AV.—Harry Goodstein and John Palraer sold, through Millard Veil, to Isaac Beck the two.5-sty apartment houses cover¬ ing the block front on the west side of Columhus av. hetween 86th and 87th sts, known as 540 to 5-52 Columhus av. 101 West SOth st and 100 West 87th st. The huildings cover a plot fronting 201 ft. on the av and .30 ft. on either st, and contain 13 slores. This sec¬ tion of the Wesl side has for many years heen regarded by real estale men as an ideal renting district. The parcel has been held at $275,000. Mr. Beck acquired the property for investment. MADISON AV.—John Reuahan sold 1291 Madison av, a 4-sty flat,"" 20x02.2, adjoining the southeast corner of 02d st. MORNINGSIDE AV. WEST.—A. L, Mordecai Sc Son sold for the West Side Construction Corapany to a client of Frank Thorn tbe 6- sly elevator apartment house now iu eourse of construction at southwest eor of Morningside av. West, and llSth st. 100x125. MORNINGSIDE AV.—Henry B. Davis and Charles Helborn sold to a client of Frank Thorn the southwest cor of Morningside av and lloth st, a O-sty elevator apartment house, known as Cathedra! Court, 100x125. ■ PARK AV.—M. Fraade bought from Louis Seifferd the northeast cor of IOSth sl aud Park av, a 4-sly building with stores, 74x27, and resold the properly to an investor. WEST END AV.—Cbas. S, Kohler sold for the estate of Josephine Riiicr to a client for occupancy, a 3-sty dwelling, 17x60.0, at 818 Wesl.Eud av. The frequency of the sales of small dwellings bas become noticeable of late, and brokers on the west side say that the deraand far exceeds the supply. 1ST AV.—Kalz & Co, sold to Rosa Jackson 2206 First av, a 4- sty teneraent with slore, 20x90. 2D AV.—Froehlich & Rosenblatt resold to Max Damrauer 2491 2d av. a 5-sty double flat, with store, 25x100, between 127lh and 12Sth St. (Continued on page 114o.) REAL ESTATE NOTES E. A. Turner, real estate broker and agent, has moved to 24 East 2Sth st. An experienced man is wanted to manage a mortgage loan department. See Wants and Offers.- _For sale in Long Island Cily, 3 lots, .$1,200 each; 5 lots, $5,500; 3.T lots, $500 each. See Wants and Offers. One of the choicest acreage plots on the north shore of Long Island is noticed for sale. See W''anls and Offers. A position is wanted with a reliable firm by man with 14 years' experience in management of real estate. See Wants and Offers. One of the hest transfer corners in Greater New Tork is for sale. Good for licjuor or other business. See Wants and Offers. E. A. Turner has removed his office from 11 West 28th st to 24 East 2Sth st, where he will continue to carry on a general real estate brokerage business. To lease on long term, plot 70x300, from street to street, valued at ,$200,000, city of 70,000 population, less than 100 miles from Pittsburgh. See Wants and Ofters. At Eltingville, .Staten Island, there is a property consisting of 23 acres ready for development. It has not changed hands in over 40 years. See Wants and Offers. The matter of the building of a new Court House in New Tork County was indefinitely postponed by the Board of Estimate at its regular meeting on Friday, and there is likely to be no chance of its revival until some new means of raising funds is devised. E. Morris Butler and Herbert H. Herman, formerly connected witb Irving P. Lovejoy Company, have incorporated under the name of Butler & Herman Company, with offices in tl^e Bishop Building, 76 William st, where they will conduct a general real estate brokerage business. Bay Shore has high expectations of the results of the Akersons coming to that place. It is reported that the Ackerson brothers paid "just under $500,000- for "Bright Waters," the name of the estate they have bought from Charles E. Phelps, and that they will proceed to develop the property. Hernstein Sr Tripp, real estate brokers, have recently opened an oflce at 1161 Broadway. They will make a specialty of rent¬ ing lofts and stores between lllh and 42d sts. They are re¬ tained by the law firm of McCloy, Connolly & Dollin, 154 Nassau st, as experts in the matter of assessments and condemnation proceedings. McVickar-Gaillard Realty Co. leased for Herman Younker to a client for a term of years, at an aggregate rental of about .i;50,000, 17 and 19 East OSth st, two 5-sty and basement lime¬ stone apartment houses, 50x100. This makes 7 houses that this company has leased for a long term of years on this block during the lost 0 months. The managers of the McKnight Realty Co. are about to move from their present quarters at 21 West 34th st to the new Henry Corn huilding, 341 Sth av, Manhattan. Tliey have taken a 21- year lease of the second fioor in the 5lh av building and will have one of the best eciuipped realty offices in Manhattan. A man had a row of high-grade dwellings to sell. The question was asked him, what percentage of the tolal number of readers of the ordinary daily newspapers were financially able to buy a house from him. When roughly estimated, it was perceived that the figure w^ould be small. On the other hand, the per¬ centage of the select list of readers of the Record and Guide, representing the most influential class of citizens and also the wealthiest, would be the highest possible. He used the Record and Guide. Reports from many brokers indicate that the real estate mar¬ ket is in good condition, although it has heen handicapped again this week by bad weather. Suburban sales were less numerous, tbe falling off was mostly in the small property deals, and due, of course, to the unseasonable weather. Operations in the larger property were active and a great deal of new building work has