Columbia University Libraries Digital Collections: The Real Estate Record

Real estate record and builders' guide: v. 81, no. 2098: May 30, 1908

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May 30, 1908 RECORD AND GUIDE 1021 PRIVATE SALES MARKET SOUTH OP 59TH STREET. PEARL ST.—Ottinger & Bro., of 31 Nassau st, sold 278 Pearl st, a 5-sty busiDcss building, 19.l0x90.S. Douglas Robinsou, Cbarles S. Brown & Co. were the brokers. This buildmg is 70 ft. deep. It is located S0.8 ft. south of Eccknian st. There is an elevated station on Fulton st. one block to the south. 17TH ST.—Jacob Brown sold 34 West 17th st, a 10-sty store and loft building, 28.6x92. The buyer gives Brooklyn property in part payment. This property was purchased from Abraham Orently ou Jan. 28, 190S, subject to a first mortgage of $120,000 aud a second of $20,000. There is a 12-sty fireproof mercantile building, 93.GxS2 x92, on the east, and directly opposite there is another fireproof structure 11 stories in height, 75x184, with a frontage on 18th st, Bergmann & Turkel, cloak mauufacturers, are Lhe purchasers. 54th ST.—The Stephens estate sold 28 East 54th st, a 4-sty and basement stone frout dwelling, 20-fl00.5. The buyer is understood to be Stephen Peabody, who owns the adjoining house, 30 East 54th st, at the southwest cor of Madison av. . 55th ST.—Joseph P. Day resold for James L. Wells the plot SOx 122.3x Irregular on the north side of 55th st, 250 ft. west of 9th av. Mr. Wells bought the lots earlier in the day at the Chanler estate auction sale for $17,6-50 and resold them for -$200 profit to Daniel Meenan, who secured 2 adjoining lots at the auction sale. To Alter Avenue Conier. 5TH AV.—William A. White Sc Sons sold for Perry Belmont his former residence at tbe northwest cor of 5th av and ■i7th st, known as 580 5th av. The building Is a 5-Ety dwelling, 25.5x100. It Is a Columbia College leasehold, and the present ground lease has about 14 years to run, with a privilege of renewal. The new owners are Arthur Tooth & Sons, art dealers, who now occupy space in the Gattle Building. 5th av near 38th st. They will move into their new building as soon as some alterations are completed, which will cost approximately $50,000. 5th av.—The estate of Chas. T. Cook sold 594 Sth av, a 4. and 5-sty brownstoue and brk structure, 25x100, at the southwest cor of 48th St. This property was reported sold last September to the Wampage Realty Co.. but the sale was never consummated. The price reported at that time was $500,000, but it is said that a lower price was paid for it by the present purchaser. This property was formerly owned by Columbia University. Mr. Cook held a long lease, which expired in 1904. He purchased the fee from the University at the price named by them. IiiiI)oi'taiit Sth Avenue Pui'chasc. 5th av.—Charles W. Morse sold 726 Sth av, a 5-sty dwelling. 25 xlOO. Mr. Morse lives in 728 adjoining, and to the north of 728 is the Whitney mansion, at the southwest cor of 57th st. Harry Payne Whitney purchased 726 and 728 in 1905, taking title to the former in the name of the Chelsea Realty Co., a holding company oE tbe Title Ins. Co. of New York. After placing restrictions on both these houses, because business bad made threats of invading the block, Mr. Whitney resold 728 to Mr. Morse, who took title to the property and moved Into it. It was reported that Mr. Morse also purchased 726, though he allowed title to remain in the holding company. One of the important features ot this sale is" that it does not, like most others, involve the intrusion of husiaess. The block front on tbe east side of the avenue is owned by the Astor and Huntington estates. NORTH OP 5»TH STREET. 69TH ST.—Albert B. Ashforth sold to a client for the Maloney estate the three 5-sty apartment houses 103, 1G5 aud 107 East GOth st, 50x100. The property will be improved by the new owner. Activity in STth Street. S7TH ST.-—Mrs. Emily L. Landon bought from Clarence W Eck¬ hardt 127 West STth st, a 3-sty and.basement stone front dwelling, 16.8x100.8. Mrs, Landon recently sold the adjoining house, at 129. SSTH ST.—Leroy Coventry, io conjunction with John P. Kirwan, sold 109 West SSth st, a 3-sty brownstone dwelling, 16.8x100. Takes Quick Proflt. 107th ST.—Edgar T. Kingsiey sold for the Freehold Construction Co.. Nevins & Perelman, 120 East 107th st, a 3-sty brk dwelliug, IG.SxlOO.ll, to Annie Flynn. Title will be taken on or before June 20, The sellers acquired one-half interest on July IG, 1907, from Abraham Nevins, subject to a mortgage of $5,000. This property was purchased by tbe Freehold Co. at auction last week. Tbe knockdown price was $5,800. The amount due was $-5,595.52; taxes and other charges amounting to about $120.24. IIGTH ST.—Shaw Se Co. sold for Mrs. Elizabeth Auderson 131 West 116th st, a 5-sty double flat with stores. 25x87x100, to a client for investment. The present sell_er acquired the title of this property from Geo. A. Raftery June lo, 190G, subject to a mort¬ gage of $37,000. It was assessed at .?29,000. 121ST ST.^The Nevelson-Goldberg Realty Co. sold for a client 224 West 121st st, a 5-sty single flat. ISxlOO. WASHINGTON HEIGHTS. Flats Sold on the Heights. 153d ST.~Robert A. Wljito and Morris W^ Halpin sohl for John J. Marlin to Loretta A. Harrison 536 and ;j3S West ,l.>:id st. two 5-sty triple flats, 25x100 each. The cemetery belonging to Trinity Corporation is across lhe street, assuring permanent light. 181ST ST.—Fort Washington Syndicnto solrl to the Pinehurst Realty Co. the plot of 5 lots at the southeast cor of ISl.st st and the new avenue, not yet named, one btotk west of Fort Washington av. Tbe purchasers own the cor of .ISlst st and Fort Washington av, and the 2 plots will be improved at once with 6-sty elevator apartment houses. Marble Hill Deal, 225TH ST.—Jacob Rosborg sold to a client of John H. aid Sumn-^r Doane 4 lots at the northeast cor of 225tb st and Jacobus pi. Marble Hill. Richard Alexander was associated as brolcer. Profit Realized on Corner. AMSTERDAM AV.—Andrew Davey. Ihe grocer, sold the northwest cor of Amsterdam av and 149Lh st, a o-sty tenement with store, 24,llxl(X). _Thcre are two families on a floor. Tbe b-iildir.g his n depth of 9o ft. The gross rents arc about $5,400. The price re¬ ceived is reported to bo in the neighborhood of $65,000. Mr. Davey purchased this property from Thomas Gibney on March 22 1907 subject to a mortgage of $36,000. It is stated that the selling price shows him a proflt of about $5,01X1. The Loth Building, the largest mercantile structure on the Heights, is one block to the north on the same side of the avenue. The block on 149th st, between Amster¬ dam av and Broadway, is almost exclusively devoted to private residences- AMSTEIfDAM AV,—J, L, Levine, in conjunction witb the Colum¬ bian Board of Brokers, sold for Charloa Wynne to a client 22-iO and 2242 Amsterdam av, a 5-sty flat with stores, 48x84. adjoining the southwest cor of 172d st, and directly opposite High Bridge Park. EDGECOMBE AV.—The Adamant Realty Co. sold the block frout on the west side of Edgecombe av, from 159tb to 160th st, 205.2x 150.5x200x104.6, to A. J. Schwarzler. who gave in part payment two houses on Washington av in the Bronx. ST. NICHOLAg AV.—Eugene S. Vau Riper, associated with Gibbs Se Kirby. sold tor Mrs. Emily L, Landon 943 St. Nicholas av, a 5-sty flat, 31x92x30.\-82, Mrs. Landon purchased this property last March from the Toch Realty Co.. subject to a mortgage o£ $26,750. The gross rents are about $4,O00. WADSWORTH AV.—Harry White sold for Max Marx the north¬ west cor of Wadsworth av and 179th st, a 5-sty apartment house, oOxlOO. There is a building in the course of construction on the same side of this aveuue, 25 ft. north of the structure just sold. On the opposite side of tbe avenue are three 5-sty apartments, with frontages of 40 and 45 ft. respectively. The house just sold is 90 ft. in depth. BRONX. FAILE ST.—The American Real Estate Co, sold another one of its 2-family houses, 1033 Faile st, to Johu Hock, making 13 sold since February. OAKLAND PL.—Hertz & Co. sold the 5-sty fiat at the northwest cor of Oakland pl and Clinton av for Hyman Ringler. VICTOR ST.—Schano & Co, sold 50x100 on the wost side of Victor st, 395 ft. west of Morris Park av. Two 2-family houses will ba erected on the property, 135TH ST,—T. Scott & Son sold for L. Goldstein to A. Garmise 822 and 824 East 135tb st, two 6-sty tenement houses, 40x100 each, 1C7TH ST.—Ferdinand Kramer sold the northwest cor of 167th st and Bryant av, 70x100, to a builder, who will erect an apartment house on the property. To Improve Plot. ISSTH ST.—J. Romaine Brown & Co. sold for Mrs. Daisy D, Moran a plot of 4 lots on the north side of ISSth st, about 200 ft. west of Aqueduct av, to Hugh McLernon, who will immediately improve the properly with dwellings. Sumner Deane represented the buyer. BRONX PARK EAST.—M. Miller resold to John Unger 125x133 on Bronx Park E'ast, 223 ft. north of Waring av. BARKER AV.^M. Miller sold to Jobn Unger 50x100 abutting on Barker av. This property was purchased at the Wolfe estate sale. CLINTON AV.—Hertz & Co. sold the 5-sty flat at the northwest cor of Oakland pl aud Clinton av lor Hyman Ringler to a client. EDGEWATER ROAD.—F. J. Whiton sold to 'the Chesebro-Whitman Co. 0 lots, 155x irregular, on the west side of Edgewater road, 116 ft. north of Westchcester av. The purchasing company own the abutting property fronting on Boone st. GARRISON AV.—James F. Meehan resold to the purchaser of the cor lot tile plot on the south side of Garrison av, beginning 28 tt. west of the cor of Bryant st, 75xl26x irregular. This is tbe third parcel which Mr. Meehan has sold at a proflt since the Hunt's Point sale. GARRISON AV.-L, J. Phillips & Co. sold for the_Hunts Point Realty Co, 25x160 on the south side of Garrison av, 7i> ft. north of Faile st. The properly will immediately be improved with a 2-fam- Ily brk dwelling, GARRISON AV.—The Hunts Point Realty Co. sold to Margaret Bradley a lot on the aouth side of Garrison av, 105 ft. east of Whit¬ tier st, HARRISON AV.—Theodore H. Nickisch sold to John Eggers an¬ other of his 11-room brk dwellings on Harrison av, near Treraont av. LONGFELLOW ST.—The Hunts Point Realty Co. sold to Margaret Bradley 2 lots aggregating 50x100 on the west side of Longfellow st, lUO ft. south of Garrison av. SOUTHERN BOULEVARD.—Tho Butler Sc Herman Co. sold for Leopold Louis 75x100 on the east side of Southern Boulevard, 200 ft. south of 172d st, to Frauk L. Burt, who gives in part payment tbe residence at the cor of the Boulevard and Deems av, 75x145, Westerleigh, S. I. WASHINGTON AV.—S, Rosen sold for Louis Lese to Ignatz Roth and resold to Silverman, Leader & Bloom, 2 plots, each 50x160, on the east side of Washington av, south of 171st st. The buyer will improve the property at once witb two G-sty tenements. LEASES. The Duross Co. leased the store at 64 Cortlandt st for Beruard Kreizer to S. Seligman. Edgar & Curlis leased for a term of years for the New York Central & Hudson River Railroad Co. 60 East 53d st. Edward N. Crosby & Co. leased for the Buliowa estate tbe prop¬ erty 89 Thompson st for a long term at an aggregate rental of about $100,000. Joseph F. Feist leased the 3-sty building 40S West 40th st to the 9th Assembly District Republican organization for the terjn of 3 years. Barnett & Go. leased for a Mrs, Manchester tbe 3-sty dwelling 20 West ]2Gtb st to Mrs. Catherine Brennan for a term of years; also for Dr. Wyatt the 3-sty dwelling 44 Bast 124th st to a Mrs. Corte. Peaso & Elliman leased for Louis Hosmer 107 East 79lh st; also 28 Wost lOlh sl for Alfred J. Camnimeyer; also 4li West 4Sth st for Ur, Janeway, and for Robert Goelet his garage at llU East 53d St. J. Arthur Fischer leased for the McKenless estate to Mary Broglet the 3-sty dwelling 143 East 55th st; for Goldberg & Greenberg to Mary Faytack the 4-sty dwelling 400 East TiOlh st, southeast cor of 1st av, for a Icrui of years. E. S, Williird Sr Co.. 45 Pine st, leased for a period of 21 years with renewiil 119 East 34th st, belonging to the Caroline G. Thebaud estate. The Queen Anne Realty Co. are the lessees, Tho same company recently leased from Tbomas Fogarty 38 ISast 22d st for 21 years from Sept. 1, 1907.