The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-02-14
REAL ESTATE MATTERS.
Sales Yester dny ut the Exchnnge-A Slight
Lul-Down Town Property.

during the last few days 1t IS not surprising that
sight lull should have succeeded. Yesterday the
transactions in real estate, although comprehend
ing some valuable lots, being confined mostly, in
respect to auction sales, to improved property,
which, as there il much less inclination TO buy it
under the hammer than any other description, was
put up mostly in single parcels, and being
principally down town, Of well known and deter
mined, not speculative value, were rapidly and
without much contest bought up. Az the
property thus disposed Of was in the hands
Of three different auctioneers, each OF whom
mounted Ills desk 10 the Exchange salesroom pre-.
cisely At noon to commence his sale. the room
being pretty well flied, and the audience much
divided in judgment as to whom it was beat to
attend TO first, the scene Of confusion referred
to here yesterday was repeated, and TO those on
the outskrts Of the crowd or about equidistant
from each Of the desks, II was q matter Of some
difficulty to distinguish between the terms Of sale
Of plot of land in First street, house and lot
on Second avenue, or q valuable property" on
Lexington avenue, while the close. fetid atmos-
phere OF the low ceilinged room, into which so
many men crowded, elbowing one another IN the
struggle TO obtain maps, rendered It generally
uncomfortable. 1t il somewhat remarkable
that class of men SO numerous and whose
business yields them snch immense profits.
us the auctoneers should have contented them.
selves for SO long time with the miserable quar-.
tiers, (they cannot be called accommodating af.
forled them in the present Exchange room, and
that noble building, properly constructed and
appointed. has not long since risen near the bnsI-
ness centre OF the city, pied to their occupancy
ami use, monument alike Of their taste and enter.
prise and OF New York's progress. There is
probably no class Of men in this city whose trans.
actions exceed in the grand total OF dollars and.
cents the auctioneers, and those of them no
deal in real estate, where sums OF money reaching
as high half million are given for single
lots. and $4,000, $4,000 or $4,000 every
interests OF this metropolis. 1t is time, then,
that they should leave the gloomy vault now
occupied by them and carry forward the
development OF the city they have so often
prophesied by an addition to us public buildings
of one commensurate with their own ideas OF its
future greatness, and 30 ensure the comfort and
convenience alike OF themselves and their patrons.
The character OF the audience yesterday was some
what different from that Of the previous two days,
being mainly composed OF business men, with but
few spectators. The usual congregation Of
small agents were present, anxious to watch the
result OF the sales and learn how much higher
they m gilt venture to raise the rents OF houses
and stores in their charge without danger OF being
told by the tenant, II won't pay it; III buy
place my self. !"
Tie following are the particulars of the days
sales:--
A. J. Bleecker, auctio neer, offered three story
brown stone high sloop house e-ld lot on the west
|
aud Filty-trst Streets 70 lcet front by As feet in
depth, in good ORDER with all the modern i'm
provcments, the lot 80 feet in depth by the terms
of Tie sale $40 900 of the purchase may renSin
mortgage, at the option OF the phrchaser-S50 coo,
at six and half per cent from two to three years,
and 81 900. at seven per cent, for four years. This
prope ty disposed Of ut $4,000. The same
auctoneer offered for sale two story brick facto
nv in Brooklyn, known as the brooklyn Wire
Mill on the east side OF Inlay street, cOmmenc.
ing rs feet north Of William street. within one
block Of the Atlantic Basin. Brooklyn, which was
purchas j by james Hanson for $4,000 $40, 600
of which can remain on mortgage for one year.
James NJ. Miller, nuctoneer, offered for sale
two houses and lots on the east side of Lexington
avenue commencing 20 feet inches south
of Fifty ninth street, the houses three story base
ment and sub-cear. high stoop, with brown stone
fronts and all the modern improvements, cacn 20
feet front by As feet in depth, the lots 62 feet in
DEPTH which were disposed Of at $l6400 each.
Also a lot in rear, ON the south side OF Fifty. ninth
street. 33 feet front, which WAS knocked down for
S. roo.
stand, by order Of the executor OF John Upper,
deceased, the two story aud attic brick house and
lot situated the west ride Of Marion street. be-
tween Spring and Prince streets, known a. No. "a,
the lot rs feet front by 65 feet in depth, which
was purchased by Daniel G. Adams for $40 200.
Two three story brick houses and lots on the south
side Of we Thirteenth street, G6 feet 10 inches
about 10 feet in width by 40 feet in depth,
lots about II feet, In the immediate vicin-
ity of the contemplated Cansevoost market,
were knocked down by the same auctoneer as
follows:--No. 242 (subect 10 a lease winch cx.
pires May l, 1862 at $1,000 per year re ataD to
Charles Watson for $3.50, and No. 2i0 to Mr..
Pangborn for ST, 325. There also offered Tor
sale four lots OF land, together with the improve
ments thereon. situate on the easterly side Of
Cannon street, between Delaney and Il vington
streets. and kno as Nos 60. G2, 81 and &C Can
non street. The improvements consist OF four
two story and attic brick houses the front, .
new three story brick factory. with sixteen inch
walls; two brick shops and q brick stable in the
rear. This property ID now occupied by X. M.
Patrick as o safe mandatory. TIE lots mr..
zach Is feet front, the " oc plot being 100
square feet. The houses now bring In rental OF
81 800. This property was knocked down to Will
liam Depew at $43 600.
sold at pub c auction by order Of the executors
of John Hart, NJ d., deceased:-Thc lot Of land
with the four rysbrick store. dwelling and brick
stable thereon. situate on III, southwest corner
Of Market and Henry streets, known as 23 Market
street; lot Is by il3 feet Also lot Of land with
the three story brick house and brick stable
Thereon, situate on the west side Of Market
street, fifty feet south OF Henry street. known as
No ri; lot rs by li3 feet. Both lots to be sold
with the right Of way over an alley In the rear
thereof. The following prices were obianed:-
No..23, purchased by George Buckbaum Tor
Sl3, GOO. BY the terms Of tho sale fifty per cent
OF the purchase money can remain on mortgage,
ut the option OF the purchasers. The only
sign Of active competition was with the
folio wing The plot Of land with the three story
brick dwelling house, large four story brick pack
ing house and brick stable thereon. situate on the
north side Of First street, between the Bowery and
Second avenue, known N No. IA. The house 10
IL feet front by so feet in depth; packing house
10 by lis feet, well aud substantially built, 6ne
cellar, Tagged. &c. This was started at SIS 600,
but speedily ran up, and was finally purchased ~
Frederick johnson for $50. $50. mortgage Of
$40. 900 now encumbers this property. WHICH may
remain with such additional amount a. will make
IL sixty per cent Of the purchase money.
Real estate in Westchester has advanced within
the last two or three years two hundred per cent
Omcial TRANSFERS or Real Esiate aud Lenses
Recorded.
The following were the Official transfers Of real