New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-03-02
REAL ESTATE.
Nru.Yons. "wednesday. March !. 1871.


Tho sales at the Exchange to-day were well
,,c,Ied and the property sold brought fair prices.
e principal feature of the market was the sale Of the
o,,te Of W IT, Fails. deceased. by Muller, wilkins q
~ The first piece of property offered the four
,r, brown stone house No. West Twmty-fourth-st,
Nis sold az Sl00 The store and LOT No. i4s Poarlst
soid for SifC5O The leaschOll property Nos ~ aud
BOZ East Broadway sold ~ si1,cl Tor the former and
5000 for the latter shore was hut one pa upon
these bindings II was supposed that they were bought
Messrs T.. II Ludlow u Co offered the valuable lease
hold property known as No. 10 University place, ana
after receiving bids 10 the amount of Sll,OO0 Withdrew
the properly on Nos II and - University place, bids
amounting o $4,000 were received but as II vas below
Che valuation &C which 10 was held the executors NJ the
estate withdrew n. The sales announced for Tomorrow
unnLporant, and generally OF legal nature. Fun
details Of property sold will he found below.
At Washington II Is proposed 10 organize new style OF
capital stock Of S3OOo0 tO he divided into shares OF cleo
each, and payable ia 50 months at the rate Of 81 per
estate, improved or unmpr0ved N the discretion of the
Board Of Directors and sold 10 the highest bidder upon
credit OF 10 years pay able at the rate o = So on account
0 principal or purchase money and 8 80 average Inter
est making average payment OF $40 80 In cash on each
sleOo purchase money, ald IKE aihonl edch hOIh
for period of ll9 consecutive months which If consld
cred but fair rental Of the property Members wishing
to purchase improved property III any particular l0oaS
after the first year, may apply In writing To the Bord
which the property be bought also the
amount the applicant will pay the Association
the property the terms prescribed and the direc
tors may purchase for the member Offering the greatest
price above the cost Of the same TO the Association
time aud receive the amount paid in by them as dues
with per cent interest thereon and the share shares
50 Withdrawn are hc rssued by the secretary When
the profits are sufficient to make each share OF stock
800 stakeholder will receive from the ASso
catiUn additional share Of stock each share held
and from and after that date dividends viii be declared
yearly .
Inc Chicago Tribune say. the real estate market in that
city continues frm and. though the number Of trans
actions completed and placed upon record have been
smaller this week than last we hear Of large number OF
trades for large amounts that peuding and That
WILL all probability, De completed during tue next Few
weeks These will that capitalists have confidence,
not only present prices, but that in many localities
higher will be obtained before long. some tracts OF
land by the In the ncghhOrhOOd Of the South parks
have changed hands lately at full prices, and there are
evidences Of increasing interest ~ property III that
quarter.
AUCTION SALES or NEW YORK REAL ESTATE.
BY MULLER, wilkins & 90.
a lct 251e7 s .ii.............. slGe5O
',H,s iO Si ,s'q,t nu' a.u '' o - 100
5-,tory house No Broadway. 4sory brick
buing No Diyison-.t together With sss Of lot lease
sT MAJ l. M ground rent per 400
3-ory brck No Rasi BToalNay, and lEory hrck
building No ll3 Division together with ease Of lot lease
expires Nay J. l67 ground rent +3io per 'ununi. HVo