New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-07
About 1900 a Front Foot
Top Notch Price in Best
Trade Section.
BETTER MARKET FOR
SO. MAIN ST. SITES
Ponty & Lounsbury Plan to I'M
prove Another Tract for
HOmeSeekerS.

Values in the business section Of Port
Chester are rising steadily. The business
district extends from Mill st. 20 Purdy av.
II is about half a mile long and IS bor-
dered by inviting stores Of various kinds.
The asking price for property for sale III
the shopping district between Adee St and
Westchester az. is about $3.50 a front foot
and there is very little property 10 be had
az that price. The centre Of this shop
ping zone is at Main st. and WestchesteI
av. the cross streets at that point form
ing Liberty Square. The square is truly
one Of the busiest public places in sub
urban New York.
The business property at the northeast
corner of North Main st. and Westches'
for av. was sold several years ago by he
we'll known real estate firm of Austin &
Merritt TO Samuel II. Imerolum for $780,
900. Mr.. Imerblum divided the property
which is about 60 feet square, into three
narts: the corner parcel is occupied by
the United Cigar Stores Company the
adjoining shop by butchers, and next 10
the butcher shop is the store Of Mr.. liner
blum.
The high record price for property on
North Main ST. was paid about eighteen
months ago by the Star Store Company
for the premises Nos. 10 and l5i2. The
site has a frontage of 50 feet and depth
OF 70 feet. The property changed hands
at $4,000 The company recently remod'
clled the store, at a cost Of 5000 No. y
North Main St, which has frontage oil
294 feet ON Main st and about - feet on
King ST., was bought about eight years
ago for about $50, 600 by Samuel Clock. 1t
is now owned by Messrs. Clock and AIer-
rift. They refused, about two years ago.
49, 800 for the property. They want about
$500 r. running foot, or about $4,000 IN
all. About year ago the premises ll3
North Main St. which has a frontage of
l25 feet and depth of 100 feet, was sold
for $4,000.
An idea OF how values have steadily
risen in the business heart Of the town is
we'll illustrated by the prices at when
li6 North Main ST. has changed hands IN
the last ten years. The premises have
frontage OF % feet and depth Of 100 feet
About 1904 the property was sold for Slo'-
600. -Four months later It was disposed CT
for S4.2JO. and about four years ago II
was sold for $4,000.
Until n few years ago sites IN South
Ia
The postoflce moved 20 that part OF the
town and that fact brought about sud-
den change for the better in the charac-
ter of the business properties IN the
street. with "A bigger demand for proper
ties there.
To-day South Main st. contains many
modern stores. one of the most modern
buildings is the Eiseman Building, front
ing In Purdy av. and South Main st. The
building and land represent an invest
ment of $1,000. The building is five
stories. with stores on the ground floor
and rooms for fifteen families above,
The fats have from five to six rooms
with bath. This structure was put up
about seven years ago.
Isaac Vein is IL large owner OF prop
erty in South Main st. as we'll as IN
North Main st. lie bought about two
years ago q South Main ST.. which has
a frontage OF about % feet. for 1880.
The prevailing front foot price in the
South Main at. section is about $50.
4 very important part OF tho business
section OF the town is North Main ~,
from Highland st. to Adee st. At Willet
nv. and North Main st Is the town hall
and opposite rs the home or the FORT
Chester Savings Bank. ono OF the strong
est banking institutions in the suburban