New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-06-18
REAL ESTATE.
LOCAL TRADE HAS NOT YET SPENT ITS
SPRING FORCE.

The real estate transactions in the last week have
been Of a fairly interesting character Considering
that Il is mid-June. they have exceeded expecta-
tons While II is too late in the season for trad
ing OF a sensational character. the general Voiume
Of business has been entirely satisfactory
The number Of transactions has shown no marked
decrease, and the week the whole compares
favorably with the one that preceded 1t.
The leading item of the weeks news concerned
the purchase by the New-York Realty. Bond. Ex-
change and Trust Company Of the ive-story build
ing Nos. $40 and 522 Broadway which is the first
transaction in the mercantile district in some little
time This property Will probably be resold. and In
1his connection 1t be said that resale of the
southwest corner Of Fifth-ave and Nineteenth-st.
Is in the last stages of negotiation.
As is usual this period of the year houses were
dealt in largely than any other class Of prop
erty, but vacant lots and plots figured In the trad
the building season Is far advanced Much or THIS
dealing in unmproved property. however was with
no thought of improvement. but with the sole idea
of quick profits. And this speculative feature has
continued TO enter into large part OF the business
done. for the operator is giving the main support
The most satisfactory of the private sales
has been the wide range of the transactions effect
ed for nearly every part OF the city, even to the
emi-dormant mercantile district. has been repre-
scented. And although exception in the case of
F1fth-ave. may be noted there were transactions
No. East Eighty-sixth-st, and OF four lots in
The results of the auction sales OF the week have
expect The season is late for the class OF lots
a s' NOT %f'S Been long time on the market OF the
offerings made. fully as much was sold as there
was reason expect. Last week forty-seve par
GELS Of city realty were sold, considerations being
named in six cases ana amounting 10 S sold N
eight for total considerations Of $4,000 The cor
trspsactions with twentyone considerat ions named
and giving a total of XO35lm
sllsos56, as compared with sloi447O for the CORE
spending week or last year.
NEW PRIVATE SALES.
Douglas Robinson & Co. have made the following
sales: For DR.. Leander f. Whipple. No 272 Madi-
son-ave a four-story private dwelling house. 2sx
ll0xl2O and have leased it for the purchaser for a
term Of years; for Mrs. Eleanor V. White. NO 4S
Las sixty seconds twoIstoTy PTtyale s st Wes
Eighty -ninth-st., two-story private stable, 2jx
Paul Mayer has sold for Farley to che Herman
Strauss ane corner of and Eighty
ffth-st.. for about $4,000 A row OF small dwelling
houses now on the plot VIII be removed and large
G R. Gresor's Sons have sold for the estate Of
OF Eighty-sxth-st. 1913 feet west OF Park-ave. TO
August oppenheimer
corner Of Arthur,st and Fifhaye for MalI ,S
Mace also The sWo,st4y dwe9 1s, mouse on me
fona-ave., for Frederick Pirk; also the two-story
oSot 30 feet south Of croton Park South for Dunn
& Thomas. and the three-story nathouse on the
One-hundred -and-eighty second-st for Frank Lock
Edward Shepard has sold TO Abraham Cohen No.
ga Cherry-st.. a fve-story tenement house with
sx-story tenement at rear lot 2Ssa ,d g. r,,.
H. Jackson William Rosenweg No. 80 West
-Grd-thirty-second-st. hye-story nat
house. lot 33yiCo =.
Samuel Green has cold the plot on the south side
OF Onehundred- nd-thirteenth-st. 200 feet west oil
First-ave 275x100 -, =.
West Twenty fourth-st.. old building. lot 19xSS9.
Leitner & Marks have sold for Louis Luttens for
1880 the four-story double hathouse No. lb2i
Washington-ave.. Zxl75: also for David Cohen the
fve-story fathouse. with stores. No. 3,72 Third
ave Exlo0: also for David Cohen the four four
story fathouses with stores now In course OF con-
struction plot l02xlol at the southeast cor
ner OF One-hundred d-seventy -fourth-st. and
Third-ave. also for ". Marcus the lot on the south
OF ysixth-st.. 100 feet west OF
Cnon-ave.
L. j. Phillips & Co. have sold for Mary c.. Les
ter No. IS West Seventieth-st.. four-story dwell
ing house. lot 3Ox100
Erickson the owner the four-story American base
ment house, No. Si5 Riverside Drive. on private
terms lot nx10o
Peter Mundorf has sold 10 Samuel Jacobs No lis
East Seventh-st., Hxll2. with old building there
on
slawson g. Hobbs have sold for Flake a Dowlins
(New-York Realty Company TO Mr.. Smith. the
nve-story limestone colonial mansion at No 40
West Ninety -frst-st.. on lot 35xl00
Leo Hutter has sold for about SIS. 900 the five
story building LOT 2l.3x5o at the southeast cor
ner OF Houston and Columbia SITS.
Well Mayer have purchased No l62 Lewis-st.
near Third-st.; also No. - Orchard-st.. and have
Tha Leonard r. Moody Real Estate Compan,