The New York herald., 1871-03-30
REAL ESTATE MATTERS.

Yesterdays dealings In the real estate market
were on restricted scale. At the Exchange Sales
room the offerings were light and the attendance
small
sale OF Brooklyn property, which was held on
Tuesday, illustrates In It's results what has been said
here In regard to property in that suburb The fall
ing on in rents there well as In this city, makes
improved property undesirable for investment. The
recent decision OF the Court OF Appeals In the
ter OF the Prospect Park property east OF Flabush
avenue is not likely TO help 1t or unimproved pro-
perty in this respect We copy the following report
OF the sale from local sOurce:-
Several hundred persons were present and good
bidding was confined to few persons and the
prices offered only moderate aud less than the
usually estimated value.
two lots, Oh the corner OF Grand avenue and Pacific
street, sold under an execution OF mortgage II sold
gage OF 500; terms cash The next sale was OF
four houses and lots on Fulton avenue, adjoining
ivey for p $500 oSa ana sissoo S to mr ' H. n Els
$4,000 and $4,000 TO +. Q. Smith. The terms of
sale sale were seventy per cent on bond and mortgage.
good price. On private account two lots, one o
corner, on Bushwick avenue, were sold for s605 and
nary to the offer OF vacant lots and five houses
which offered the chief attraction Of the sale. They
erbocker avenues Garden, Winfield, DurJe ea Snaffer
and Witherspoon streets, Busnwick ouievard and
Br0auWay.
The first lots offered were situated on Broadway
and Duryea street. 25x10o feet. The lot was
sold to Mr.. Engehart for $1,000. Four adjoining
$1175 and ST. 100 respectively. Six lots on Duryea
street, were purchased by Mr. Falken at average
Of $e75 each, Five lots, same size, corner OF
PushEick Boulevard and Duryea street, sold
for $500 each TO Mr.. Enright house and
two lots, corner OF Shafer street and Kncker-
booker avenue sold to Mr.. John Mcfarland for
$4,000. Three brick houses on Myrtle avenue, near
Broadway, sold for $4,225 each to Mr. Bokern.
Four lots on Bushwick avenue ana Garden street
sold respectively for $975. $780, $500 and $500 to
Mr.. Bennett. Ten lots, bounded by Myrtle avenue,
Lewis avenue and Withersp0on street, with large
mansion and Outbuildings late the property OF w.
T. Mills was next o1ered ana started at $1,000 was
run uD to $l9 900 and then Withdrawn. large
frame house and 1--WE lots oil ground on Myrtle ave-
nue. were sold for $500 to Mr.. Boxer after which
the sale was closed. TO be resumed at some fusure
day OF which due notice Will be given. out OF the
large number Of persons present there were not TO
exceed eight OF ten purchasers The prices brought
for the property were regarded as only m0dera.e.
The total amount OF the sale was $780, 725.
The following are the particulars Of the transacs
tlons at the New York Exchange yesterday
NEW YORK PEoPERrY-BY ROBERTS AND INQUIRE.
No. l39 Delaney St. story and basement brick front
house, with story and cellar frame extension, sta
BILE ana shed, lot 2bx75 to Rathmertheus..
story frame house, with brick basement, of 10Th
ST. 40 f. west OF av A. lot 25x00 to Owen Murphy 5000
House and lot, n Of 4Sth ST. 30 f. W. OF I'd ay lot "a,
PAssAIo PRoPRIrY-BY A. j. BLEsRHER, SON AND Cos
House and lot OF Pennington art Paweson avs,
lot lOuxOO house story frame French root modern os
ss'.'.''.A,-ss