The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-02-19
REAL ESTATE MATTERS.


Yesterday was . most remarkable day in real
estate operations, especially in Brooklyn, where
some OF the most attractive building lots pre-
scented In the auction mart and realized prices
evidencing In particular degree the wonderful
increase in the value Of land within aadus Of the
metropolis permitting convenient communication
with its centres of trade. Both cities are rapidly
being consolidated, and whatever political distinc-
tons may continue to exist will not interfere with
their social and business connection. The building
OF the new Boulevard, which, commencing at
Prospect Park and stretching along the western
suburbs. skirting Williamsburg, Greenpoint and
Hunters Point until It reaches point opposite
the arstocratic quarter Of New York city, thence
across the river, connecting with the Park and tho
magnificent drive projected at the upper end Of
Manhattan Island, bringing the wealth. fashion
and hass ton Of Washington Heights into immedi-
ate converse with the select society of the Bel
gravia Of Long Island, has had the effect of In
creasing the valve Of real estate along the line Of
the favored district to a degree far exceeding the
most sanguns expectations of spectators,
and SO as to attract the attention Of
some Of New York's wealthiest capitalists.
That II is not ephemeral or accidental advance,
IL apparent in its gradual increase since the open
ing Of the season, the frmness Of the market and
the interest exhibited In sales of lots SO situated as
they take place, while il anything further were
needed, the prices obtained viii furnish the most
convincing proof.
Passing from this for q time, the sales In New
York city by auction yesterday, although Of in.
terest in evidencing the steady increase in the
value of property in the city, they are not Of ma.
ture to give any special indication Of its progress
inasmuch as nothing OF anticipatory character
may be supposed TO have entered into their at
fractions. The particulars are as follows
The three lots of land, with the brick buildings
thereon, situated on the southerly side of Broome
street. twenty-five feet east of Of Pitt, and known
as Nos. l23, l25 and l27 Broome street, with
one lot Of land on the east side of Pitt street,
eighty feet south Of Broome street. The prices oh.
tanned were these:-For No. l23, IS. S00 for Nos.
IFS and ~ 81 900. and for No. l6 Pitt street.
Nos. l26 and III were sold subject to lease !
which expires May !, 1871, at rental of 81 200.
-Four lots OF land situated on the northery side
feet east OF Fourth avenue, each rs feet front by
100 feet in depth, purchased by Mr.. Barry for
$4,000, each for the two nearest Fourth avenue,
and S., AGO each for the others.
The lot of land, with the four story brick store
and dwelling, with brick extension, on the front,
and the three story and basement brick house on
the rear thereof situate on the north side OF Fifth
street, between avenues A and b. The entrance
to the rea. building il through an alley running
under the front house and the dime nsions Of the
lot "a feet inches front by 81 feet in Depth. This
property was sold subject to mortgage of 900,
and knocked down TO George Ague at $l2, 400.
The four story English basement brick house
and lot the south side Of Morton street, between
Hudson and Bedford streets, known as No. IS. The
house Is IL feet inches front by As feet in depth
has all the modern improvements and is in good
order; the lot is 100 feet in depth. This was sold
subject to mortgage OF $4,000 and purchased for
$4,000.
The two story and half brick house and lot on
the westerly side OF Macdougal street, known as
No. 1919, ~ feet inches front by 65 feet inches
in depth, was 1t disposed Of. bringing Sill 500,
Mr.. William Smith being the purchaser. Fifty Der
cent of the purchase money may remain on mort
gage ut the option oil the purchaser.
Four lots Of land, with q two-story frame cottage
situate the norlhs of Eghtythird street about
255 feet west Of Third Avenue, tile cottage being
about 25x35 feet, with two story extension 1Sxl4
feet, and laundry and workhouse on the premises,
the lots Is. 2-3xl02 21l EACH were sold to H. C.
SouthworLh for $lS 900. Vi this twO.thirds may
remain on mortgage.
A brick building two stories and half high,
with extension on the rear, No. 4Q5 Pearl street,
and lot Of land IL feet inches 'front.' IL feet
inches in rear, aud SO feet inches in depth, was
liks wise offered for sale by A. j. Blocker, auc.
tioneer, and disposed OF to Charles Ulman for
81 500 cash.
-Four lots Of land on Fifth avenue were next
disposed Of, one between Eghty-thrd ard Eighty
fourth streets, subject to q mortgage Of $1,000,
having five years to run, being purchased by
George l.. Gardener for sl5,600 the other three,
between Fortieth aud Forty-iirst streets (sold
without the houses) BY Charles b. Hart at sl3 900
each.
Also, which completes the sales Of the New
York LOTS an eighty -four years lease from Column
bia College Of lot on the south side OF Forty
eighth street, commencing 39S feet west OF Fifth
averue, 25xl00 feet, ground rent $3.50 per annum
and taxes, with privilege OF three renewals of
Mr.. Bl.ecker, and purchased by j. B. Reynolds
for 81 $50.
REAL ESTATE IN BRooKLYN.
The pleasant little hall in Brooklyn near the
City Hall, where those interested in Brooklyn
real estate congregate on the occasion Of
important sales, aud which being clean,
airy and lighisome, is credtabe alike to
the understanding of Brooklyn real estate
dealers, their lberality and judgment, was pretty
well crowded yesterday in consequence Of the
sale Of some valuable improved property by
Messrs. w, ckof Little. announced to take place
that day At noon. Those present were mostly in
ierested parties, and as y CONSCIENCE the bidding
quite lively and spirited, the prices obtained
being most gratifying TO the auctioneers. The fol-
lowing is a summary Of the sale:-
leu lots on Fourth avenue, 20x60 feet each,
being the whole front on the avenue between
Twelfth and Thirteenth st Gets, $500 each
four lots on Firth avenue, commencing
ut the northeast corner OF Middle street,
Is feet inches each, by rs feet, $3.50 each two
lots on the south eide OF Middle street, 100 feet
west of Fifth avenue IL feet inches by 100 feet,
$3.50 each; seven lots on the east SIDE OF Nostrand
avenue, commencing at the corner of Herkimer
stteet each ~ feet inches by 100 feet, with
cellars already dug and within q lew feet Of the
Atlantic Boulevard, 81 $3.50 each five lots on the
north side OF Twelfth street. commencing 205
feet inches east Of Seventh avenue. each Is by
100 feet, street graded and paved, 1875 each, and
q plot Of ground at the junction Of James and
Front streets, with frontage the former of l03
feet inch and rs feet inches on the latter was
disposed OF for $3.50.
The following improved property was like.
wise sold The building on the southeast corner
Of President and Van Brunt streets, originally
erected for banking institute, and built in the
most substantial manner, the walls being from Ii
TO "a inches thick, and the building four story
and basement, with vaults under the sidewalk,
and French roof. closets on every floor, black
walnut STAIRS doors throughout OF yellow pine with
black walnut frirnnninns Gc. The huldinQ coat