New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-07
IN THE LOCAL MARKET
Buyers Active in Some of the
AIIuring Zones.
TRADE INVOLVING 100000
Attention Directed to That Part
of 57th Street Destined
for Business Use.

LOT business use.
$4,000 trade in which the Edwin apart
ment house figured, the NTH sale in five
weeks of West Goth street fathouse, the
sale OF Central Park West corner plot,
the purchase of a new home by the New
York Dispensary and another one by the
St Anthony Association helped TO enliven
the local real estate market last week
Besides NJ. B. Philip added to his 57th
street plot and Ignace l. APPEL bought for
an investor a lease affecting a Gath street
site diagonally opposite the Waldorf-As-
torla.
There were some other interesting trans
actions One Of them was the sale OF the
FIVE story double flathouse No. II West 11Sth
street. on a lot 25x1OO11 feet by E. A.
johnson and P. A. McGolrick for Joseph P.
Peck. The seller took In exchange a TWEEN
ty-eight-acre farm at Bound Brook, y. ].
A buyer was found by John r. Davidson
for the two five story triple fathouses Nos.
i52 and 1874 West Tooth street. on a plot 50x
1nIl feet The new owner is Leopold
Pader, who will hold thelproperty as an In
vestment.
The Edwin apartment house is at the
northeast corner of 1i7th street and Broad
way 1t was sold by John Palmer through
Edward l. King & Co, TO Mrs. Indiana
Giberson, a client of n. A. Berwin g. CO.
Mrs Giberson gave in part payment two
houses Nos. 81 and SO East 18th street, on
plot 45l0x9S9 feet. between Fourth and
Madison avenues.
Mr. Palmer got the Edwin in trade with
Philip Braender for the property No. 104 TO
I9 East 18th street, previous to which he
had bought and sold No. 1Q9 to lis East
2sth street and No l23 East 24th street, and
he now retrades for the 18th street plot In
the same neighborhood.
The FIVE story tenement house, on lot 35x
100 feet No 81 West 99th street is the prop
ertv sold FIVE times in five weeks
On Nav 10 F. J. Sheridan bought the prop
ertv from J. F Mexican. Less than a
month later Mr. Sheridan resold 1t to Har-
us and Maurice Mandelbaum for $3.50
The Mandelbaums. two days later. turned
II over to Leonard Well for $4,000. Mr.
WE'LL resold the property for $4,000 to an
investor. who is also said 10 have disposed
OF il for 80. 00 The houses is occupied ex-
clusively by negroes. The figures quoted
were furnished by one Of the sellers.
Huberth & Gabel sold for the G. l. G.
Realty Company IS. 5. Carvalho. presideno
the four story dwelling house. on lot 2ox
1905 feet. at No IS East 5Sth street, about
midway between Fifth and Madison ave-
inues 10 NJ b Philip, who also owns Nos
II and Is East 57th street abuttng. The
combined parcels form a plot having a
frontage Of 81 feet in 57th street extending
l2Ool0 feet 10 5Sth street, with a width OF 80
feet in 5sth street.
The FIVE story American basement DWELL
ing house No II West 5Sth street. in the
Fifth avenue section. was purchased by
the St Anthony Association from the
estate Of Edith s. Logan 1t Is on plot
,@4xlo05 feet 1t will be remodelled into
clubhouse. In part payment the associa-
ton gave its old clubhouse, four story
building, on a plot 25x9s.9 feet. at No. y
East 18th street The 5Sth street property
figured in the transaction IN the neighoor-
hood of $4,000 and the 18th street house at
$4,000
The New York Dispensary, the oldest In
stitution Of its kind in the city, bought
Nos "a and So Spring street from Anna
Nicouni, subject TO a mortgage OF $4,000
A two story building. exclusively for dis
pensary purposes, will be erected as soon
.as plans being prepared by Trowbridge d
Livingston are ready. Within period OF
-four years the city has forced the institu-
ton 10 vacate its quarters twice. first be-
cause OF the subway and second by the
new Courthouse. The first place was at
the northwest corner Of Centre and White
streets, the second at Nos. 145 and 47
Worth street.
The lease bought by Mr.. APPEL for an in
weston affects the property No. II West a4th
street II was for a term Of twenty-one
years at s340OO a year from 1900.
The wyllys Company. controlled by the
Stokes family acquired from Isaac V.
Brokaw the four story dwelling house. No
! IS East 9th street, 25x9S9 feet. The com
pany recently purchased the adjoining
house No. AZ. from the Netherland Club
The two parcels about the Madison Square
Hotel, at Nos. IS and 40 East 18th street
owned by the WHY'S Company. The pur-
chase was understood to have been made
I; TO protect the light OF the hotel Title TO
No As East 25th street was transferred last
week
Slawson & Hobbs sold the northwest cor
'ner Of Central Park West and S7th street
comprising a plot 756x1C0 feet TO the Own
,ers Building Company, Samuel A. Herzog
president The new owners will imme-
diately improve the site with fourteen
story apartment house Of the most modern
TYPE. The Central Park operation will in
Ivolve an outlay OF about $4,000.
Hornor & Co., Incorporated. sold for n
g. Autenrieth the property on Northern
avenue, north Of ls1st street 1t is plot
100 by n8 feet and adjoins the James Cor
don Bennett property on the north. The
buyer has purchased this property for IN