New-York tribune., 1868-03-17
REAL ESTATE.
Nrv-YoRK. Monday, March lC, l86'

NrN-YORK, Monday, March &c. 1868
The great difficulty of determining the exact
saline Of real estate Tie almost innumcrabe local causes
which make property In some portions OF the city advance
o orc rapidly au n Cthcls, and the fact that much oI hC
ropcry that is sold at tie Exchange Las been out OF
tho market for years, makes impossible TO determine
recscy the state Of the real estate market on any p"
Ocular day. or during any particular week. Ihi' Un
Guilty increased too by tle great number OF lh"A
slles that are made. The greater portion oi 'o
houses and lots struck down az tie auction n'"' vi
come "duu" days being bought in BY owners or
their cccLts at purely fancy prices 4hc reoolua
Of the Registers Office too, are even uscu 10 push
srp the market vro real estate Spectators expect
fnr soon 10 sell GAUGE their deeds to be maze out lor o. ~
L. and sometimes % per cent more than the amount
actually paid FOR the property the extra cost hehs Only
few dollars for revenue stamps. Persons intending to
w naturally INQUIRE at what price the property in ques
ton was last sold, what Is the market value Of
adjoining property, and the deed the record at the
REGISTERS office, is supposed 10 be the best OF authority
on those points. The only way 10 determine INC true
value Of city real from the income that u yleus
ou9 the price obtained when really sold at auction
noticeable feature Of auction soles IN NewHork Is that
buyers bid readily and pay high prices for property iat
4 offered without reserve, while they often turn away
- discovering an agent bidding against them for tic
purpose Of running NJ the price We have no hesitation
On saying that the genuine real estate business OF
Che city last week was by far the heaviest Of
II
offered without reserve and the prices obtained were
n almost all cases good, in some, high. This week the
business has opened earlier than usual, ana the
aucuOnccrs promise many fine opportunities for invest
uaut The bank opposite the ST. Nicholas Hotel white
marble building lot 25XlOO, has been sold Tor S20oO0
ge bank has purchased property for their business p
poses on UniOn-square. The lease Of the Hone House.
corner OF Great JOuesst ana broadway nine years 10
rur. has been sold FOR $4,000
BY A. II. MULLER, 7. r. WILKINS & co.
4 lot Of land, with 2i-stOry brick buildings on the
northwest corner Of Madison and RoOscyotsts The lot
s23x75o IT, and the buildings cover about half the lot
Tie corner building NO. 81 R0oseveltsD ls USED a. a
etogN This was purchased for $4,000 The l0t oi ANU
vth the 2stOry ana attic brclrOnt house on TIC IQ!''
urd frame building and brick stable on Inc i'iI SIN
fod on tbe souh side Of Rose-st. bctwocn Pearl ana
JrufortSts and known No. 27 The lot has aDOut2'f
81 front Ou ROsc-st. and. although Irregular m shal
f125to1tOf IT, n DEPTH This sold for SlloV Inc
m az land with tie tWO-story and attic brick house STU
sfed on the south side OF Naudewatcr ST., west 0l ana
yr1r Pcprlst known No. 3S This lot Is l13 ttet IN
mont 10 I'm the rear ana about so feet in depth ana the
house covers nearly the whole lot Purchased I0f S5o
A lot on the northeast corner OF Broadway ana one
hundred and thirty stSt, 2jXl0O feet SOLD lor 500 a
i1 0 tie northeast corner Of Icuthave ana fltEsNl-
n 2lBxsO fcCt sold for $3.50 lot adjoining the mst
Ou the north. fronting Icnthavc., HX6O iett S25oo
Two lots adjoining the last, the north, fronting on
yrrth ave. each eovS0 feet sold for 5000 each.
Fal pieces OF property were sold at auction IN TINS
c to-day, realizing Siy,u2J.