The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-06-24
Low PRICES AT SALE
OF CITY Line LOTS
1917 Parcels in New York CITY
and Yonkers Bring S22O.75O.
Average of SLIGO.

Low prices were the rule at the sal.
by auction yesterday OF the Broadway cI,y
line property which Joseph + Dav ana
j. Clarence Davies as auctioneers and
agents offered at tho Nescy Street pa.
change Salesroom. There were BUYERS "a,
all the lots. who paid total OF s22O.is,
for the 1877 parcels offered. the prcs,
for full lots ranging from 5000 to ssl5o
Lots along the Broadway frontage of tha
property brought from $1,000 to ,sl5o
but they are all Of such odd sizes tina, q
is hardly possible to figure the averass
for standard sized parcels
The size of the crowd in ATTENDING.
was somewhat of disappointment ev.n
though those who did attend tn. sal.
seemed as a rule like people who mish,
he counted on to make the offering a sue.
cess. When the sale started there wer.
about thousand persons in the auction
room. Later, when tho auction got down
to real business, about 500 remained ana
throughout the rest OF the sale there vera
plenty of seats to be had In the auc.
ton room. As at most OF the auction
sales OF the current season bidding was
rather slow, and several times In order n
make the sale move more rapidly Mr..
Day struck down lots on single bids Will.
the audience was making IN Us mind
whether or not to bid
on OF Broadway there we're compare.
lively few lots that brought more than
81 900 Corners on the south side Of
262d street, west OF Broadway. brough,
from s1.025 TO s1,525. and inside lots from
$500 to $1,000. on the north side Of thu
| street corners brought from sI.275 10
81 62b, and inside lots from $500 10 81 800
About the same prices ruled on 263d
street Lots on Fieldston road and Spen.
Ger avenue sold for from s725 TO $1,000
Broadway seemed TO hold the principal
Interest for those at the sale, but even
when this property was reached bidding
was slow, and every one seemed to be
awaiting a chance to pick UP something
| cheap. There was comparatively littls
| bidding by professionals. Some " The
well known operators and builders were
there. but they left the competition 10
| investors, who in the absence OF bids BY
real estate men who are supposed 10 know
values. seemed to be unable to decids
what the property was worth.
The two Broadway corners at 1924
| street sold for $3.50 and $500 respec.
| lively. the higher price having been paid
| for the upper corner. These were N.
| highest prices OF the sale South OF 1924
street lots on Broadway brought from
$4,000 to s3.775 to the north they brought
| from $4,000 next 10 the corner. down
to $500. A lot bisected by the New
| York Yonkers city line sold for t2,O2S
Those lying entirely in Yonkers went for
from $3.50 to $1,000. Lots on the north
side OF 263d street and on Spencer place,
| either wholly or partly In Yonkcrs, sold
for from $500 TO $3.50.
The largest buyer OF the sale was the
NJ. & NJ. +. Syndicate. which bought about
$4,000 worth of property, chiefly on
| Broadway. Others who purchased lots
Included Helfan. & Abel. Madeline Sulli'
van. Marion $. .. Martin. Harold q
Snyder, Mrs. Mary It. Lath. Alice g
Hudgins, Joseph Levy. John s. Lester
j. Y. Cohen, p. II. Niven and william "
| Thompson.