New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-12

A few interesting sales were announced
| In the real estate market yesterday. Chiei
Of these was the purchase of five dwell
| Ing houses in West End avenue. on which
site will be erected twelve-story apart
ment house The County Holding Company
disposed Of large plot In West Slst street
between Fifth avenue and broadway, on
which parcel II is planned TO build twelve
story loft structure. An interesting lease
which will remove one Of the few dwelling
houses remaining in Madison avenue be-
tween 42d and 10th streets. was also re-
ported
The property in West End avenue sold
is at the southeast corner of ssth street
where a syndicate headed by NULL
ken & Moeller. the architects, has pur-
chased a large plot from the Realty Com
pany OF America and the Leicestershire
Realty Company two corporations con-
trolled by Franklin Petit. The ransac-
ton covers the Ave houses at No. 52S to
5S6 West End avenue. on plot fronting
1922 feet In the avenue and 80 feet IN
s6th street The site is slightly irreg-
ular at the rear. owing TO the fact
that the southerly one Of the five houses
is on lot 100 feet deep. The price paid Tor
the property by the new owners was s2",-
900
Mulliken & Moeler are preparing plans
for the new apartment house to be erected
on the plot Immediately, and which, 1t is
promised. will be one of the finest yet
built on the West Side.
Mr.. Petit acquired the plot a parcel al
time during the last two years. and final
I L. 49, LOT syo ha
regard as one of the most attractive apart
ment house sites west of the park II is
said TO be the only corner on s6th street
now available for rebuilding, while so far
as recent buying is concerned. this region
around s6th street is looked upon as per-
| haps the most desirable part of West End
avenue
The property sold in the midtown section
by the County Holding Company Is. F.
and W. c. Adams, which in the near
future will be improved with tall mer-
camille building. is at No. % to % West
| 31st street. The property, which fronts
5S.4 feet and has a depth Of $50 feet, Is
covered by four-story dwelling house and
a seven-story business building. The buyer
| is Mr.. Smith. The property is two houses
which was recently acquired by the Martin
Holding Company C. Grayson Martin
president from the Arena Construction
| Company. The entire transaction is said
to involve more than $4,000
The property. No 412 Madison avenue. at
the northwest corner of 4Sth street was
rented by Pease & Gilman for the New
York Life Insurance an1 Trust Company,
| as trustee OF the estate OF William Alex
ander Smith. who, prior to 1862 was presi-
dent OF the New York Stock Exchange.
The property. which consists of a plot
! 27x95 feet has been leased for period Of
twenty-one years to prominent retail
concern. which will have the residence re-
modelled for its requirements. This trans
action gives 10 business practically all the
corners on Madison avenue south Of 50th
street to 42d street, and those which have
not yet been claimed are available for bust
ness with the exception of the hotel blocks.
Diagonay opposite the property are the
| express stables Of the New York Central
Railroad. which are TO be removed to the
Lexington avenue side Of the terminal, and
the southwest corner Of the same thorough
fare was sold few weeks ago by Michael
Dreicer to Shepard K. De Forest who &C
| quired the property for price slightly
above S275, 900 as a speculation OF the prob
able changes TO come TO this part Of the
avenue in the next few years.
The Upper West Side contributed an in
teresting sale, affecting a six story apart
ment house on West l4lst street. A. S.
Arnold has sold for Thomas ]. Meehan to
Mrs. Frances Bouton, of Brooklyn. Wynd-
ham Court six story elevator apartment
house AT Nos. 289 and 241 West 141st street
on plot 4s.sx1oO feet. between Seventh and
Eighth avenues. Mr.. Meehan acquired the
property last May from F. ". Weysenberg
in trade. This is the third time this
year that Wyndham Court has figured IN
! the brokerage reports