New-York tribune., 1913-11-23
Recent Sales List Shows
Houses Are Strongly
Favored Now.
BIG OPPORTUNITIES
IN BEDFORD SECTION
Many Parts of the Borough Are
Being Rapidly Changed by
Modern Structures.

ment houses in Brooklyn.
II was not so many years ago that
APARTMENT house operations in the DOT
ough were almost rarity. or late years
however. speculative builders have fouhu
the borough profitable held ior the
erection of apartment houses with all
conveniences. such as elevator service
attendant service, electric heaters anu
vacuum cleaners. In the last year many
anartment houses have replaced dwelling
houses on the Park Slope and in the
. Raw Ridge, Flatbush, Bedford and East
New York districts.
one of the most attractive centres lot
apartment house building is the BEDFORD
Hill section, just north of the principal
retail shopping section of the borough
Ii has been demonstrated many umes
that there are myriads Of opportunities
for quick returns from apartment house
building in that region. Notwithstanding
those revelations of the value of the sec
tion TO builders of high class apartment
houses. not as many builders have vent
ured in the district as conditions warrant
II is likely that the number of builders
there will be numerous when more IA
vorable rates for building loans are OBJ
tainable.
one of the principal residential thor
oughfares in the Bedford Hill section is
Washington avenue. which runs almost
directly east and west through the centre
of Brooklyn. This thoroughfare has been
noted for years for the costliness ana
largeness of the dwelling houses border
ing it's broad roadway. Persons promi-
nent in the business and social lie OF
Brooklyn have been the owners and occu-
pants Of houses for several decades.
This section is now undergoing the
same evolution as the West Side OF Man
haitian has had; it is passing from the
private dwelling house period to that OF
the substantial apartment house age.
change Of like importance is also taking
place in nearly every section OF South
Brooklyn north of goth street, and many
of the nearby sections Of Flatbush are eX-
periencing a similar transition.
Washington avenue has recently fur
nished to the sales market quite a num-
Der Of interesting transactions OF the
apartment house order Mrs. Isabelle f.
Kelly recently became the owner OF the
Roberta apartment house, at Nos. 449 and
451 Washington avenue. 1t comprises six
teen apartments, and was sold by ]. d. II.
Bergen & Son for T r. Farrell. The
house is on a plot with a frontage of so
feet and a depth Of 11S feet
]. c. Henry was also reported to have
recently disposed of the cambridge, new
six story apartment house, at No. 415
Washington avenue, for about S125,0OO.
One of the recent important transac-
tions on the Park Slope was the sale or
the four story apartment building No. 5li
5th street The house was sold by Charles
Buermann e. Co for Mrs. Wolbarst TO w.
Armbruster. The house is on plot S2x
100 feet, and is between Seventh and
Eighth avenues.
sale in the Bay Ridge section involv-
ing about $4,000 resulted in a change Of
ownership to the row of three four story
double brick apartments, No. AIS TO 4719
Fourth avenue. The property was sold
bv Tutino Cerny for Samuel Pingler.
The buyer is an investor.
In the old Fort Greene section one OF
the most important apartment house sales
recently made was the purchase by an in
yestor of No SO Park avenue, three
story brick apartment with store.
In the Stuyvesant avenue district Jo-
seph and Mathilda Meyerfeld took as an
investment recently the three story double
brown stone apartment house at No. i2S
Monroe street The property was sold by
Henry p. Cain for Alice Kenney
A 500, 900 transaction was the purchase
OF the two four story brick apartment
houses at the northwest corner of Bed
ford avenue and Sterling Place. The
houses are on a plot of four lots and
were sold by the G. g. NJ. Improvement
Company to /. NJ Mendham. The buyer
save in part payment some vacant prop
erty. A Manhattan investor recently paid
about $4,000 for the four story brick
apartment house No. 127 Parkside avenue.
The house is on plot of 50x10O feet, and
was recently erected by Louis Gold and
S. Taplitz.
Some other large operations not OF the
apartment house class have been made in
Brooklyn recently. The most important
one perhaps was the purchase last week
of ninety acres in the Gravesend Bay
section of Coney Island by the Brooklyn
Rapid Transit Company. 1t bought the
acres from the Harway Improvement
Company.
The four-track system planned for the
Sea Beach line will require big termi-
nal close 10 the West En-. line, and the
property in question has evidently been
bought for the purpose of erecting such a
terminal.
Another large transaction was the pur-
chase by the Bay Ridge Hospital of a
marcel OF eighteen lots at Seventh avenue
and s2d street. which was owned by
Michael Murphy and the Dyker Meaow
Land and Improvement Company. This
sale was negotiated by Frank A. Seaver.
Temporary buildings will be put on the
site and will remain there until the hos
pital has the necessary funds TO erect
permanent buildings.
This is a splendid site for hospital.
Facing the property is the Dyker Beach
Park, which extends from Seventh ave-
nue. TO Fourteenth avenue. 1t is by no
means a small park, as its area is over
139 acres, and is consequently one of the
largest public parks in Brooklyn. 1t
cost the city only $4,000. To the east OF
IL is the Fort Hamilton reservation.
At the northeast corner of Albany ave-
nue. and ST. Johns Place vaudeville and
moving picture theatre is TO be erected.
The plot 10 be improved has a frontage
of 100 feet and depth Of over 49, it
was recently sold by Frederick +. Bell
amy and Herman Wilcox TO a syndicate