The New York herald., 1868-01-28
REAL ESTATE MATTERS.

sale Of Valuable Water Front In BROOKLYN
Property ON Cherry street and james slip.
The anticipated activity in the real estate market,
ferred TO mere some time SINCE already BEGINNING to
show ITSELF IN the number OF announcements put forth
OF property for SALE both public auction aud by pri-
vats contract ard signs apparent OF . very con-
siderable transfer this spring OF houses and lots
from the possession Of present holders to others
moved 70 Invest their spare capital in this way
from spirit OF speculative enterprise or because or the
requirements or extended business operations There is
no description OF real property perhaps which
rarely under the hammer of the auctoneer both In
this city and Brooklyn, thar bordering on the river
privileges OF water 'front.' whether in New York or
Kings county, being held much valuable TO be often
the subject OF public vendue Thus the perem ptory
sale OF stores wharf and pier the East river In the
Sixth ward Of Brooklyn announced by J. Cole auction
to take place at yesterday in tho Exchange
saesroom. No. Ill Broadway, drew together quite a
congregation OF 'ssolid" business men Tho properly
s thus described comprising about thrty-six lets
situate Columbia, Warren and Baltic Streets together
with the dock pier (over three hundred feet long),
water privilege, &c, about midway between South and
Hamilton ferries. on the premises are large two
story brick storehoue so by 125 feet two brick stores
20 by 100 feet each also buildings shcds &c. Vessels
can unload Al the pier and dock at any Tho terms
or the sale were stated to be subject to existing
brances in regard to leases sixty per cent Of the
bid offered was sloo,o which was subsequently
knocked down to J. l. Haight rental of $4,000 is
now derived from the properly but II Is very much
encumbered by old leases the figure nt which 1t was
disposed OF may be considered a good price, and
accepted asa proof OF ths rapidly increasing value Of
Brooklyn real estate thus situated
The following other auction Slos occurred yesterday
at tho Exchange salesroom, viz The three story and
attic brick building No l7a Grand strest At the corner
Of Centre Market place. with lot "a feet inches front
on Grand street, 20 feet inches rear width and e eet
inches depth. II sold by order OF the OF
John T: Garness. deceased, and purchased by Mr..
Wostall for $25, ZOO The three story and basement
brick front dwelling house 136 West Tenth street. with
lot was also disposed OF by order Of the execurx OF the
nection with . two story brick stable adjoining on the
same lot the lot measuring 80 feet inches front
feet moan depth. II was Knocked down at $I5 0o0 or
which, at the option OF the purchaser, $4,000 may
main on mortgage Three lots situate on the northeast
corner Of seventh avenue and Fifty fourth street.
fronting Seventh avenue 20 feet each, except the
corner one which is rs leet inches, and 100 feet
depth were likewise offered for sale, and after some
slow bidding knocked down follows:Ths corner lot
for the one next adjoining S. COO the remaining
one, $500. The four story brick house SO varicE
street. easerly sde next door to the OF Iaigh
street and nearly opposite the new railroad depot OF the
Hudson River Railroad Company. with lot 25 feet front
and 100 feet in Depth subject mortgage OF 000
was likewise put up aud disposed Of for SIS 900. Tue
following lots and buildings cherry street and James
street, lot IL feet pa inches front, 80 feet inches
DEPTH with two story brick building occupying tho
entire front and running back 50 feet This brought
81, 800 No. SO Cherry street, separated from So by
partition wall, house and lot depth, but Is feet
in width, was knocked down for 500 The house
lot on the corner OF Cherry and James slip 81 Cherry
street, with frontage OF 20 iect 10 inches and depth
OF 30 feet inches, two story brick building occupying
the front and running back 81 feet inches on the
same was sold for $40 750. Nos A. ana james slip,
lots 20 feet inches in depth and 10 feet nche 16 feet
40, inches and 10 feet inches in width. respectively,
occupied by three four story brick buildings Of similar
dimensions except No 8, which only fronts 10 feet
~ inches, with party wall between each sold
ioiiows:-No. 4, So, 500; No. g. $500; and No 8,
81 200. BY the terms of the sale nty per or the
purchase money may remain on bond and mortgage Tor
thres years. Throughout the sale OF these lots and
buildings tho bidding spirited. Quite number OF
i'm port ant sales Will be held to-day.