New-York tribune., 1868-02-14
REAL ESTATE.
fEW-YOrK Tn


New-York is, by nature, eminently CONNER
cal city, indeed it cannot 10 long before all It's extensive
manufacturing establishments win be crowded out Of
Manhattan Island and away from the adjacent portions
OF Brooklyn, by the increasing southern, western and
foreign trade aud the greater portion OF these cities
trely given TO Nor is this result wholly
prospecyo already has the advanced price OF real es
tate in portions Of the city formerly used for manu-
featuring purposes tempted the owners either to dispose
Of their property convert their buildings into stores
and warehouses; ana driven manufacturing tenants to
seek cheaper lands aud lighter taxes at Greenpont.
Hunters Point, and hundred Jersey towns. HewYork
Is destined TO become less and less center OF pro
ductlon, and more and the great central mart
in which the products Of Eastern LOOMS tho Westenpra
res and the Southern cottoneds are TO be exchanged
for each other and for foreign commodities For as tho
of every part Of this wide land arc deveoped
as the NewEngand stream is made turn more spndeS
the Pacific Railroad opens to civilization millions OF
acres Of virgin SOIL and gives us almost monopoly OF
that Eastern trade 10 which Great Britain owes so great
Of her prosperity; and Northern capital ana
Northern enterprise redeem the Worn-out fields OF the
South and make them more productive than before
Slavery shed its bghtng influence over por
ton Of our country, will the business oi NoWhork III
crease so will trade claim larger portion OF the city
lands and real estate advance in price.
II is rarely that city manufacturing property is put
upo the New-York real estate market this season, and
We imagine been the result OF the hard tines aud the
heavy losses manufacturers have recently sustained
Several valuable pieces OF manufacturing property
sold at the Merchants Exchange this morning. Many
capitalists and real estate men were present but We no
ticed but few manufacturers among the bidders. and
those who purchased probably bought on speculation or
with the intention fconyeug The buildings into tene
ment houses md stores.
The most valuable property sold to-day is situated on
Caunon-s side (Nos 90, @, 6i. and G6, commencing
200 feet north OF Delaney extending 100 feet to within
100 feet Of Rving0nst. and comprising four lots, each
25x1OO feet The improvements consist Of four twOory
aud attic brick houses on the front: three story
brick factory, f0X6O feet built in the most substantial
manner with I6nch walls from the foundation TO tho
top two twOstory brick aud slate shops. one 2st by
about 70 feet and the other 253iNGo feet and two
story brick and tin stable, 1310Xl6 feet An alley lo4
feet in width leads to the yard in the center Of the
lots This property is occupied by Mr. R VI. Patrick
Us q safe mandatory aud wen adapted for any
heavy manufacturing business, or may be converted into
tenement houses The four houses rent for $500
BY the terms OF the SALE co per cent of the purchase
money may remain bond and mortgage But two or
three gentlemen cnced any desire Go become purchasers
Of the property and it knocked down to Mr.. WIN.
Dcpew FOR $4,000 Next in value came some Firstst
property situated the north side, between Second
ave and Extra-st 1925 f. west Of the former The land
has &C. H. front Frst-st, extends norfhefly l2l H.
parallel with the limo Of Extra-st., thence IN an
easterlv direction 1854 H.. thence southerly
All IT,, thence westerly 1913 H., thcnce southciy
rs feet 10 Frstst In addition to this tc are two small
plots covered by brick stable lC1Xz5 fecO connect
ing the northwest corner OF the main LOT with Extra
and another adjoining the main lot on the north (Which
must be kept open for purposes Of light and ycniaou
about I2xiO feet 1he buildings consist OF threestory
brick dwelling, fronting Frstst, 100 feet IN front
23.IO feet in the rear, and about 80 feet deep
through which there is entrance 10 tho budine
f1e lh4 }! Nv1 90 r. lylp
story brick packinGhouso, 1O1Ox1lj4Ni12xlloS
feet under which is fine cellar and The
stable mentioned above There IS mortgage OF $1,000
on The premises which is due Nov j. 1865 bat which may
be extended and an additional portion Of the purchase
money yallOWed to remain On second mortgage Tor
four years az per cent 20 make the whole incum
brance co per OF the purchase money This property
hotly contested FOR by two gentlemen. one OF whom
started tins bids by thousands
first, then by hundreds. and a. length by hftics until
finally tho property declared sold 70 Mr. Frank John
son for SGo,sSO.
The only remaining manufacturing property sold to-
day was what s known as tho Brooklyn Wire MIL
situated on the east side of Imayst Brooklyn % feet
north Of Wlliam-st. 2s5 feet ,outh If Ewcnst, and
within one block Of the Atlantic Basin The lot is l50xl0
feet except piece 2Oy2j feet taken from the northeast
corner the lot. The building whCn covers the whole
lot j. q substantially constructed tw0,tory brick fac
tory which was sold without tho engine sud machinery,
although the former Is he offered 10 the purchaser Of
the real estate at private sale. mortgage Of $4,000 Oh
the premises due. but may probably be allowed 10
remain year longer But LITTLE interest was evinced Ia
tins property. and IL struck down 90 Mr. james Han
for $4,000.
The following houses were sold today \ fue residence
on secondave. west side No e52, bctwecu Ffteth ana
Fifty rststs The lot IS feet. aud the house. which
IS hghstoop hYownst0ne one, 20yl5 feet The honse IS
IN complete order and contains al the modern improve
uents Tho gas fixtures, chandeliers &c. were sold with
the property Tie purchaser has opportunity TO buy
the furniture OF private sale The block IS filed with
private residences. and there are 10 nusances M the
ucighborhood Tire mortgages on the property amount
to sO0one of S1 at g per cent interest FOR two OF
three year, and another OF $500 al per cent for four
years This was purchased by Nir George W Read, for
$500 on Marou-st, west side. No g. near Princcst,
tho two.stoTy and attic brick house. with lot The lot
mas % 10 feet front Marion ana CSC feet on the
south side and feet the north side This property
formed portion OF the late John lIippcrs sand
was sold by order MI John j. jenkins, executor Mt
Daniel G Adams was the purchaser, price SIo20. West
Trtoentbst south side, Nos go ana 2i2, commencing
50 10 feet west 81 Nnthaye two three story brick houses
with brownstOnc basemeu viii ois ot No 2io is 1913
x77G feet and Tie house has and water; No 22 s
1gl0x776 feet on the cast side ana 03o feet the west
and this house has Tire FIRST floor. Ts property
is IN the Ninth ward aud in the immediate vicinity ct
the contemplated Ganseyoort Market. Pour thousand
dollars can remain bond and mortgage on each house
tu1s7O No 2l2 leased TIL May !, 1892 81 5000 year.
the rent % % 10 the purchaser aittr the deIy-
cry oi the deed. No 80 Was purchased by
r Paneborn for ss32j and No 2i2 by Ar Charles Wat
Ion f0T markets.. corner OF Hcnry-IAe lot "I
land with the foUrsOry brick store ana dwelling on The
front and brick stable 10 the rear situate on the south
west corner OF Market aa Henry ss and known n No
% Market The LOT Is 2xll3l feet Tire house 25Xis
'eet end the stable lGx25 feet An alley nine feet Wide
runs along the rear Of THIS lot fy per cent Of tho pur
chase money NAV remain bond and mortgage for three
rears 4 0eslred NJ George Brichbaum was the puT.