Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-08-11
Hall of Ancients Reported Sold
for Theatrical Purposes.
BROUGHT $3.50 PER FOOT
Name of Purchaser Not Positively
Announced.
QUICK ADVANCE IN ITS VALUE
E. N. Richards Property at 1882
G Street Purchased for
$45,OOO

In the past few days many real estate
transactions have been reported, some Of
them large deals. Among the parcel.
sold is the property formerly known a.
the Hall Of the Ancients," on the south
side of New York avenue, short distance
west of 18th street and across the stree,
from the entrance to the New York Ave
nue. Presbyterian Church.
The property has a frontage of 107 feet
and contains 14,371 square feet The price
paid is said to have been $3.50 per square
foot. total of S179.637 The owners were
r. Golden Donaldson of this city, Malcolm
w. Hill of Baltimore and others, compos-
ing a syndicate which bought 1t about a
year ago from Stone & Fairfax, the latter
having secured the property in the spring
of 1907. when 1t was offered at auction
and knocked down to them for $4,000.
Stone & Fairfax disposed of it at large
advance. making 1t one of the most profit
able quick turns in real estate that have
taken place In recent years.
In connection with the last sale Robert
c. Shfnn figures as representing the pur-
chasers. whose names are not known. 1t
is understood. however. that the purchase
has been made in the interest Of theat-
rical trust.
=. 1t is the purpose to erect on this site.
1t is reported. building which will be
designed for use as a theater Details
have not yet been fully decided upon.
It is said that from the negotiations now
under way there is little question that the
entire scheme will be carried out.
Part Of Transaction,
AS part of the consideration received
by the syndicate owning this property It
has taken a large tract Of unimproved
land lying in the southwest corner of
North Capital and NJ streets northeast
containing 10000 square feet of ground
1t Is the announced purpose Of the new
owners to erect there a large building
for use of commission merchants. The
location is thought to be suitable for that
purpose. owing to the proximity to the
tracks Of the terminal of the Union sta
ton.
been made in the same locality. Stones&
Fairfax have sold .{asssE n. Richards the
property 1892 G street northwest. It ad-
joins on the west the main building oc-
cupied by the business of Richards, and
is also used in connection with that busi-
ness. 1t is said the purchaser whose
name is not given. has bought the prop
erty as an investment. and that Richards
will continue in occupancy.
The improvements consist of frame
of 1s.45 feet and depth Of 113 feet 81
inches to a 30-foot alle~ the total area
being 2.097 square feet. The price paid
was $4,000. which is something over
$40 per square foot
Apartment House Changes Hands.
The Nelson apartment house at 1913 10th
street northwest has been purchased by
O'Flaherty & Fulton, attorneys, of Rich
mond. Va. The consideration is said to
have been $55 600. The new owners in
tend to hold the property as an invest
ment.
sold to ]. Miller Johnston of this city the
Waterlick White Sulphur Springs prop
erty in Warren county, Va. Purchase
price Is $4,000
Stone & Fairfax report the recent sale
for William H. Rider of the English base
east of Connecticut avenue. The house is
of stone and brick construction. three
stories and cellar. heated by hot-water
system 1t contains twelve rooms and
three baths.
The purchaser. who Is an army officer,
pays $13. $50 for the property and will oc-
cupy the house for his future home.
Willige. Gibbs & Daniel. real estate bro
kers, have sold for Harry Wardman the
two story colonial brick residence 3917
14th street northwest between Randolph
and Shepherd streets. The house has
heat. with colonial porch across the
entire front. 1t has also a large cellar
and attic. 1t occupies a lot 20 feet front
by a depth of ia feet to>a fifteen-foot
alley.
1t is understood that $3.50 was paid for
F. Sawtelle. will occupy the premises as
her residence.