The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-12-03
REAL ESTATE MATTERS.

Dull Day ON tho Exchange Yesterday-
Sale OF Central Park Lots-Thc Herrick
Estate Under the Hammer To-Day-A
..-ValuabAe Water Front iu Harlem f0n
sale-How Property VIII BE Effected
by the He'll Gate improvements.
Whether It was the weather or some other
agency, the transactions OF real estate yesterday
were very small indeed. The only business done
at the Exchange Salesroom were two minor ref
cree sales by order in the Supreme Court.
Muller, wilkins & Co., under direction OF r. N.
Adams, referee, disposed OF house and lot, north
side OF lo9th street, IS feet west OF First avenue,
25xlO011 feet, for $3.50 over and above mort
gage OF $1,000 and interest from July /, 1872 fho
purchaser was 7. G. Belts, the plaintiff.
The other sale was effected by James M. Miller,
and consisted Of a house aud lot ass Tenth street,
between avenues and G, 25xe2.a, by order OF T.
II. Landon, referee Tor $4,000, to Jeremiah Pang.
born.
number OF private sales have been effected,
impolitic to publish the same Mr. william H. Ray
nor reports the sale OF three lots on Fity-efghth
street, between Fifth and sixth avenues 800 feet
east OF Sixth avenue, each 25xi005 feet or $4,000
A number Of important sales win be held to-day
at the Real Estate Exchange. among which may be-
noted one by E. II. Ludlow 4 Co., OF the Herrick
estate comprising twenty acres OF land and i'm
provements located between the Southern Boule-
ward and Bronx River, in the town of West Farms.
This PROPERTY has been laid out in lots and villa
plots. The prices realized from this land will Ia .
| great measure regulate Westchester property.
Another sale to-day will be twelve lots 25x9S.9,
West Thirty-ninth street, 100 feet east OF Eev.
enth avenue also four lots on the east side OF
Eleventh avenue, 99.0x100 feet by Muller wilkins
Co., by order OF A. w. Nicholl, trustee. The
firm will sell, at twelve O'Clock. four story high
stoOp Nova Scotia stone front house, on the south
side OF Twentieth street. No. 20, opposite Gramercy
Park, 30x103 feet; also brick stable and lot
Nineteenth street. lot 33x75 feet.
Messrs. Anthony J. Blocker, Son 4 Co., No. II
Cedar street, nave just received fine piece Of
water front property, which they offer for sale ON
the usual TERMS This property Is located on 105th
street. avenue and Harlem River. Altogether
there are sixteen lots, besides the valuable water
rights.
the "water rights include the privilege to COL
lect wharfage, cranagc and dockage on the bulk
head line forever.
There is very little property OF this kind ofrered
town. The future of Harlem water II onts Is des-
tined to become extremely brilliant. The immense
undertaking OF General John Newton, OF the United
states Army, In removing the He'll Gate obstruc-
gain the ocean with saving OF forty miles and up-
wards, cannot be other than highly beneficial to
the lots In the vicinity OF this new outlet. Our
shipping will, as matter of course, be compelled
towage and time, and the railroads that bring
Western produce through the centre OF New YORK
State cannot do otherwise than erect elevators as
near the shipping as possible.
SO far property IN the vicinity OF the He'll Gate
improvements has been held on to very tightly
for the justly nticipated rse and the above-men-
toned lots are the first that have come into the
market, the owner thereof having more real estate
than he cares to carry during the coming season.
number Of lots on the Dyckman estate, WASH
ington Heights were onered for sale yesterday, at
greatly advanced prices, and the transfer VIII be
closed within a very few days.