New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-02-08
REAL ESTATE.
NEw-YoRK. Friday. Feb. 7. 1863.

NE"-hoRk, Friday, Feb. 7, 1868.
Business was commenced at the Merchants
Exchange to-day by the SALE b. order of the Supreme
Court OF two building lots the north side of Forty
scconds 1871 IT, west from seventh,ve The lots were
each 2jxlOO4 It, and taken by Mr. Henry D. Feier
for $1,000 BY order of the Court Of Common Pleas.
building lot situated the south side OF Eighty Attn ST.
100 IT, west from Secondaye. 26xl022 IT, The terms OF
the sale were 10 per cent cash. and the remainder the
81 OF March, There is mortgage Of 81 800 covering this
property another lot in the city, a nine acres Oh oyster
Bay. After some hesitation, the property started
and purchased by Mr.. C. II. Appegato for tI25O. The
property IN which the most interest was cvinced
lot on the north side OF East Twenty fourths 1854 r.
east OF Fourihave with the threestsry high soop and
basement brick house thereon 5000 Of the purchase
money remains bOud and mortgage for five years at
the option Of the purchaser. The auchonoer
said that 1850 year rent had been offered
for the house. 1t struck down 70 MIR.
George d. Moore for sesOO The trecstory brick house.
with lot No. COZ GraDd-st south side the intersec-
ton OF MonrOest, next offered The lot il 229 IT, In
front, 2o4 In the rear, by COL IT. depth on the west
sde and 500 It. the east the house is about 40 IT,
deep and the ground floor occupied store and the
upper part a dwelling The house is leased for five
years for 81 eco year. condition that the tenant shall
add another story to the building and leave 1t there
when the lease expires. There Is n mortgage on the
property Of $780, dated in November, 1866. and having
five years TO run II WIS sold TO Mr. j. j. Mckinney for
S. building lot the north side OF Fifty thrdst
40 IT, west OF Lexngton-aye 25xlOo5 IT,, the last
NewYork property offered to-day This lot is on grade
AID ready for immediate Improvement a mortgage OF
2. O9is allowed to remain OH the property. Mr.. Francis
McCabe The purchaser, the price being $500 lot
Boliyarst., Brooklyn, offered, but az
there bids Withdrawn. The market
for improved property has been more brisk durn the
past few days. although comparatively tte OF this spe
ces q rial estate has yet been put upon the market
Houses are Il but little consequence IN Newlork IL IL
the land which Is Of value, aud most Of the improved
property which is offered, both ut auction aud private
sale present incunbcred 10y bindings that are com
paratiycly worthless aid purchased by gentlemen who
contemplate erecting eces that shall compare IN value
with the land on which they stand. Labor and building
materials rs have remarked before have already de-
cned much price, and tsOse acquainted with the mar
ket anticipate stl further fall For this rensoD those
purchasing houses unwilling to pay MS much for them
"a "a year aso, wh,o sellers. OF course ask an nd
vance on former prices while these things remain
as nj present the market for vacant lots Will probably be
better than for improved property Some real estate OPP
orators think bTiskncss OF the real estate market
this season rather due to the saGnaon IN other kinds
Of business than In spite of IT, Many Of our busi css mon
have found the past year oi financial usfortune
and thinking that while the present unsettled condition
OF alrs continues no Investment offers liberal and
sure returns as property In NewNork and vicinity have
turned their attention largely 20 this business The
present week has been marked by heavier and of3 hu
sales than any previous one since the opening vi
the year.
The leases Of portion OF the lands 81 the estate OF the
late James Beekman be sold at auction on Tuesday
next by the Mcssrs. Adrian II. Mailer, T. Il wilkins
Co.. Is worthy the attoi0n OF capitalists DESTROYS Of
erecting Grst-cass buildings for their own occupancy
Tic leases similar 10 thuse 6ven by the trustees 81
the "safors Snug Hlrhof" nnd Columbia college"
We would call attention to orr rccaptulation OF the
real estate done In this city ard brooklyn dur
Ing January 1t follows regular tables Of transfers