New-York tribune., 1911-10-22
APARTMENT HOUSES IN MANY TRADES
For Improved Manhattan and Bronx Property Well Located Local
or Suburban Parcels Given in P art Payment.
ONE OF THE PRINCIPAL EXCHANGES RECENTLY MADE

Exchanges Of properties valued at many
millions have been made this season. High
class apartment houses and vacant plots I'm
new and old residential sections of the
greater city. modern mercantile structures
In central and downtown districts of Man
haitian and well located suburban parcels
form the larger part of these budgets of
sales
Since buyers and builders took up the
work Of carrying out their fall plans there
has not been week without trade in
volving at least several hundred thousand
dollars.
In q $4,000 operation were the Suther-
land. a nine story apartment house on a
plot 75X100 feet ats the northeast corner OF
15Sth street and Riverside Drive. and the
vacant plot 120x250 feet. at the southwest
corner Of Nagel avenue and Arden street
The Dyckman Estates Company, of which
Bradley Martin, jr.. is president owned
the apartment house II now owns the
Nagel avenue site. which will probably be
improved in the near future with six story
elevator apartment houses.
Some other big exchanges Of property on
Washington Heights have been reported
this season. In one of them T. d. Leonard
which Judson S Todd is president. the six
story elevator apartment house on plot
lOOx1445x irregular at the northeast corner
Of lSOth street and Fort Washington ave
nue.. The house is called the Dacora
Dwellings The buyer gave in part pay
nent a dwelling house. on a plot 7SX& feet,
al the southeast corner of Hath street and
Lexington avenue and a 50-foot plot on the
east side Of Valentine avenue, "a feet south
Of 196th street
A $4,000 trade was negotiated by Mrs
Lillian G. Johnson. she sold the Alexander
Hamilton, a new SIX story elevator apart
ment house on plot 99.llX10O feet at the
northeast corner of 161st street and Broad
way for Isaac Brothers TO Maurice b.
Mendham. For the apartment house Mr..
Mendham gave i'm part payment plot in
TeasdaIe Place. near Cauldwen avenue.
The Bronx. a dwelling house and garage
on a plot 20ox20O feet in Locust Hill avenue,
extending through TO North Broadway
Yonkers, and a five story Brooklyn hat-
house.
Improved properties on st. Nicholas ave-
nue. are in good demand, and in view OF
that fact IT would have been cause for
wonderment II the section had not con-
tributed one or more parcels 10 this budget
of sales this year. The most important
trade there Of recent date was negotiated
by w D. Morgan when he sold for James
j. Martin the five story apartment house
with stores, on a plot 5SXlO0 feet at the
northeast corner Of 1S6th street and St.
Nicholas avenue to the 1S0th Street Com
pany. Mr.. Martin took in part payment
the vacant plot, lo0xlOO feet at the north
east corner Of 1SOth street and Pinehurst
avenue.
Charles Laue sold about a week ago
through y. A Berwin & Co. to John
Palmer three FIVE story apartment houses
No 6ol TO 6l2 West 10th street on plot
l25xlO0 feet. He took in part payment an
excavated plot. 123x11 feet, at the north
west corner Of 164th street and St Nicholas
avenue. The properties are worth about
$4,000.