New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-09
PART III.
PAGES Fl TO %.
LOWER PRICES AT AUCTION.
SALES OF REALTY AT THE EN-
CHANGES LAST WEEK.
At PRIVATE TRANSACTION \ LARGE AMOUNT
OF BUSINESS DoNE-CoNvEYANCEs

AND MORTGAGES.
,ssp o. the auction sales of real estate last
- s,ous that the tendency. for the present at
w. ,s toward lower scale of prices. This. of
go APPLIES only To sales OF property which Is
- unon the market Voluntary offerings OF real
- IN the auct!on-room have been so few ana
e. received so little attention recently that II
10 ia 10 Judge just how values are running but
-. ,s no mistake about property which is sold
wv" w, foreclosure An instance OF this was shown
u" . Altering Of No. l2S Bowery Friday. This
!" .,,v sold in 1892 for 100000 and for $4,000" in
~ -. Tho tsal encumbrances were sSs.OOO and the
',onsers announced that a mortgage or s70Ooo
~, remain on the property. The plaintiff bought
.sn property for only $1,000
while the business at the exchanges was or
,.,,a imnortance and showed no improvement over
or;o,,s week there was an increased move
d, the private sale branch OF the real estate
-, The sales and trades made public amount
:, 4, value 10 about S25o0,e1. and besides these
mo were negotiations in progress which inVoNed
III 100000 Considerable interest was mani
a 80 {, the week over the activity OF real estate
= .ho reichborhood of Washington Heights.
",orr buving movement Of unimproved lots began
,v IN the week. and reports from brokers VINO
,als property in that section of the city indicate
49,, I. will continue This is not the house-ouyinS
s,n but considerable of II is being done. ana
a., houses and tenement-houses are in good de-
IN district west o. NEiiAl ain. W
.,ss extensive purchases cannot be expected until
r.nr,ayv bui the present business In the house
-, "a. rnarke. leads real estate men to believe
,s., The spring season will be unusually busy
FXPECT TO SEE AN INCREASE
,.o,sr,v owners along Columbus-avc. expect to see
,no-sase in values and more residents in that
-. ~ the town on account OF the completion OF
~ Coluubus-ave Inc Of the Broadway cable s!S-
.sm Real estate in that district has been watched
.,d holcht IN the las; year. and the deVeIop"'e"'
~.,s;. facilities has no doubt been principally re-
s,onsih,4 FOR t. The promises held out ny TIE Man
,s,,an Elevated Railway Company concerning I'M
,r.,,en,s have not as yet been fulfilled ana resi-
ANTS who have to depend upon that system 90 not
.,,sct n eniov any increased faciit,es ioT NaVel
rr,u the underground rapid-;ransit system Is ou''
pro,s-tv owners expec. vas; benefits 10 their hold
,nrs lust as soon the first piece OF active "ofN
!. donA IN building the underground road.
The sales a. auction last week amounted IN NaIue
10 .css775 against 500 24 in the same time year
ro In Prooklvn the auction sales aggregated S23'-
q The largest Of real estate at private trans
action las; week were the following:
SALES AT PRIVATE TRANSACTIONS.
Mailman Brothers have resoid for the New iO'N
psalty Company tn. northeast corner OF broadway
ana Howard-st 6lxSS The buyers intend 70 erec' :"
,sn.s;orv building the property, when Is no"
oovs-aa with old buildings. The New-iork Really
romnanv gave SIS for the property. and me price
,,d ,hsrn is reported to be substantial advance on
that figure .,
I, is reported that the Convent OF the sacTei
usa-, has sold through Peter F. Meyer. Rcnarl
Croksrs partner the block comprising about thirty
two city lots bounded by ST. Nicholas and Con-
vent ayes Observation-Disclosures -seventn ana
One-hundred-a eighth SITS. for about Sl@'-
M The proper;y fronts 5774 feet In one hundred
and-twenty-eig hth-st.. Az In one-hundiei-di'n-
twenty-seventh-s; 202l in St. Nchoas-ave. ana
a55 in Convent-ave. No Information could be Oh
ts;ned as TO the name OF the buyer.
Edwards Pierrepont has sold the four-story brown
stone front dwelling. 25xso feet No lOS Fifth-ave''
cas-, side between Seventeenth and Fighter SITS.
Starr & Ahearn have sold for Charles H. LINDSEY
the dvestory fat-house 5osx1c feet. at the south
west corner OF Columbus-ave. and Eighy-eish'h-s''
The amount involved is reported at sZlOV"h
David Stewart has sold fer Christian Putger TWO
lots on north side Of
6, l75 feet west of Amsterdam-ave. and for George
p schefelin three lots south side Of One-hundrei-
and-forty-nnth-st l75 feet west OF Amserdan-aV'.
10 the rector and vestryrnen OF 81. Ann 'hu'Ch
.or Deaf Mutes. The land and improvements VIII
cost about 10000. and ground Is TO be broken IN
March. The terms are private in both css'f' anu
rot as heretofore published.
Daniel ] McElroy has purchased from the estdtee
OF the late Edward Wood. who was preSlieht Vi
sona Gweliine 22xsxl0o feet in Thirtysevent hist.
near Park-ave Mr.. Wood purchased the houSt
II for abou; three times that sum Ny. Mcfr9!
has also purchased from L. l.. Ronaiis "A 10Y III
Ninetieth-st between Columbus and Amstefudi II
ayes excavated. and with founda tons la1 Ioi a., q
fathouse for 1880. giving in payment w c 90
Nacon-st Brooklyn. a three-story dweihhg' -7A
Dnlt0 feet. . ,...ca,1 ,ha
r Zlttei has sold for John G. tmherneId NE
four-storv and basement brownstone d"elilhs, ~9S
"a and buffers pantry extension. lot W. 40. !!
West Seventy-ffih-st. TO Peter l)oelger lot aooul
ygOo Mr. Doelger. il is said bought the mouse
as present for son. $500, ,.a,, ,,,,o
Conon & Macdonald have sold the American pas go
ment dwelling FIVE stories. - feet 'front.', no o."
West Eighty-ninth-st.. for the CITY Kedl f'std'e
COMPANY TO j. +. Prayer for about s"1o' 49,,
T. H Ludlow a. co. have sold the TWO thfce-
story dwellings Nos. 20 and SO East Eleventh 81
cxl0o 10 Gutwelling Brothers, VINO VIII remove VIZ.
present buildings and erect seven or eight story
business building the site. - -, -
F. W Belmont & 60. and John NJ lhonlpson
nave sold 10 John Clark three lots i1xlU iect IN
Crand-si IS feet west OF Wooster st, formerly the
site OF a grammar school, for about sl2',Wp
CONVEYANCEs AND MORTGAGES
The following table shows the number OF con-
veyances mortgages and projected buildings TOT
last week and for the corresponding week IN 1884,
CONVEYANCES
1895 1894.
Dec. II. Nov. 30 Dec 8
inc
o.. INV 3os 32'
IfI -urbeT. .,o o., 90, ~.
xnplnt involved 'S"''-' 90 4: