New-York tribune., 1908-05-17
TRADING WIDESPREAD
BIG DEMAND FOR LOTS.
Large Number Of Improced Sites
Also Sold Last Week.

Trading in the upper West Side districts
feature last week of the real estate market. For
the last four months there has been a good market
Ter properties in the section and large number Of
the parcels which have changed hands are to lie
improved This spring. There were also signs last
week of q more widespread interest among pros
pectire h1lvcrs and well known operators and in
sestors for alcfion offerings Two of the largest
auction sales Of year were held in the week in
the Real Estate Exchange salesrooms Nos Il and
u Nesey street and both sales the bidding was
brisk and the prices obtained were satisfactory.
one Of the big auction offerings colnrsed sixty
three plots Of four and five acres each at Oakdaie
Iong Island which were owned by w h Aston.
They were sold al the stand of Bryan L. Kennedy.
livery plot quickly disposed Of. the entire Of
fering bringing S53lio. The prices paid for the
plots ranged from S1la 10 $3.50 an acre the
same day Joseph p. Day put ED at an absolute
sale $50 lots forming owned by the Hunt s
Point Realty Company and fronting in Garrison.
Seneca and EdgeNatcr avenues. and Whittier,
IonefelloN. Bryant. Faile and Irvine streets and
also Hunts foinI avenue The Bronx. That sale
began at u o'clock. and At 8 O'clock exactly %
lois had heen sold for S2s 20. Owing the late
ness Of the hour The remaining unsold lots were
Withdrawn. They VIII he offered private sale.
For the block bounded by Garrison and Seneca
avenues and Whittier and Longfellow streets.
p-isinE ffty-four lots. Ss2556 was realized.
There mas a record attendance at these two
gales and that fact, together with the brisk hid
ding indicated larger demand for lots superbly
located in The Bronx and in suburban districts
TIE Hunts Point sale siso. the second large
suc-ion Offering Of vacant property in The Bronx
ltis season. and like the initial sale it success
fuI. This week the public is TO be asked to take
over Lohbauer Park. situated in the northeasteTy
section Of The Bronx Il fronts on the Eastern
Boulevard. Town Dock Road and Pelham Bay
Park . j is thought that the property viii be
o15ickly disposed Of. and at prices which will be
doCtlv attractive TO homeseekers Of small means
sr5 little investors, a large number Of persons
VINO bought at the previous offerings Of lots have
already reported that they have resold their hold
inrs ~ = rroht- Charles Schano. who bought lot
1ax25 feet al the southwest corner Of Onv1lle and
Mace avenues for Sa7a the Josl Wolfe estate sale
crrar--ed recently by Mr.. Day. found buyer IN
-EA neck for his lot At 81 sn At the same sale Mr.
sctano purchased lot 5s6154 feet On the westerly
side % rynvllie avenue. 25S feet south OF Mace
evenue for s65n He resold that lot during the
week for $40. and John T. Meehan who was a
large buyer Of lots the Hunts Point realty sale
on Tuesday last disposed Of his lots at sunstah-
nal savanre IN few days.
The strenerh OF the auction market Is likely 10
have d beneficial effect on trading IN nigh ciass
vacant land upper districts Of the city ana
q will also probably result in broadening of &C
iztv among the big realty leaders who are usual
u r7ror-tren- in the lower sections Of the CITY.
one Of the principal transactions in the uptown
---e 1es4 week was the sale by Edward g Will
3sr,s and William Z Preble for Hugo & Mack To
The winthrop Realty Company Of a plot lo0 feet
o1lare at the north corner Of Riverside Drive and
18th street. on that site the buyer VIII erect
twelve story apartment house. market WAS also
sof,rd IN the week for the Lucerne six story ele-
1-e-o- apar1rlent house the north side Of l45d
street ninety feet west Of Hamilton Place. This
Is one Of the houses OF that district 1t is one
cf i've similar structures built by John u SlSIei
on -he rrelises formerly occupied by the Colcred
Cyrrhan Asylum Another interesting deal report
cd In the week and affecting property in the upper
districts was e trade in which Mrs Eva NauT-
berg disposed of The three five story apartment
houses at the southwest corner Of Seventh avenue
sin, Scr1lar no
PasenhalIrn She took in payment the three six
story apartment houses No. q 10 2S West l"oth
street Louis Becker & Co. sold for Mrs Lena
Z-olf 117e six story apartment house Nos $50 and
Ega West 15sth street The buyer OF the property IS
2, investor on 2 plot with frontage OF l9O
@ee- and a depth Of 100 feet on the westerly side
of Sherman avenue. 201 feet north Of l65d street.
b-,.Ider Is going 10 erect number Of tvo-fanllly
houses. He bought the property last week 'hioush
Bert 9. FaulLaubeT & CO.
fig deal in the upper West Side district was
The sale 10y Max Marx for the Fort Washington
rz-p6ica1e 10 Adolf N. Bendheim OF parcel at the
southwest corner Of Fort Washington avenue and
18Th street it has frontage OF lOo-0 feet in the
sye.-,e and IL feet street The property is
highly restricted. It is 10 be improved immediate
y with six story elevator apartment mouse Inc
Fort washington syndicate Bold last week TO Will
.z-l 2 Oesting four lots the south side or lseth
street, between Broadway and Fort Washington
srenue. on which site the buyer VIII erect TWO nTe
story apartment houses. Os1 & Ecelstein sold for
Scan Brothers plot 75x1c9 feet on the north side
a. 18th street 80 feet Of Amsterdam avenue
Som Brothers also bought in the week e plot 90x
l irregular on the easterIy side OF ST. Nicholas
avenue 143 feet north Of 18th street This is part
of the old Juvenile Asylum tract.
The trading reflected an increase in the demand /
sc- properties IN and near the Jerome avenue dis
1ric- Al important transaction in that section was
The sale by James L. LIBBY. through B. H Weisker
r. for the Cassidy estate to client Of q plot |
s311Orx1oo feet at the northeast corner OF Jerome
,rs fremont avenues The same brokers also dis
POSED cf the three story brick buildings IN course