New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-17
ANOTHER BIG SALE
OF LOTS IN BRONX
Former Holdings of Pear
sail Estate to Go at
Auction.

Eight years have elapsed since fifteen
men bought tho Pearsall estate property
fronting in The Bronx and Pelham PARK
WAY and in williamsburg Road, in the
Borough OF The Bronx.
These fifteen men included some OF the
ablest, most farsighted and best Judges
of real estate and real estate values IN
New York. incidentally, at the time this
property was purchased. the members or
this group were In financial position to
purchase any large or small tract of land
that was offered for sale in The Bronx.
II Is significant that the Pearsall tract
was their final choice. They saw the pos
sibiiity of the property and bought II.
with the intention OF developing and
building on il.
However, since 1906 ten OF the men
who were interested originally in the
purchase Of the Pearsall tract have died.
Their executors. trustees and heirs in
sist now that the property be sold and
the proceeds divided at once.
As a result of these demands the one
time Pearsall tract is to be sold on the
premises at auction on Memorial Day.
Saturday, May so, by Joseph p. Day and
J. Clarence Davies, agents and auction
GERS.
Every lot has got TO be sold or this DAY,
beginning at 10 o'clock in the morning.
II is said that the auctioneers endeav-
ored to persuade the present owners not
to offer the property for sale this spring.
owing to the troubles i'm Mexico, the
change in the banking system and other
unfavorablc business and general condi-
tons
The Pcarsall tract contains 40 lots, aud
was known in 1875 as the Quimby tract.
u was acquired in 1850 by Denton Pear
sail. and remained In the hands OF the
various members of the Pearsall family
until 1906
The Pearsal tract has its principal
frontages in the Bronx and Pelham park
ways, Wiliamsbridge Road. Lydig and
Neil avs, and also in the adjacent cross
streets, and occupies the highest point OF
land along the parkway. The property
comprises an arrowhead shaped tract the
base Of which extends 1850 feet in VIII
iamsbrldge Road and about 700 feet I'm
Pelham Parkway South.
Lydig av leads direct TO the Pauld-
ing ay. station of the same rapid
transit line. Neil av. is 50 feet wide
and runs through the property from the
parkway TO the Neil av station of the
subway extension in White Plains Road.
The Morris Park av. trolley car system.
which connects with the subway ana
Second and Third av. elevated lines,
operates 10 Williamsbridge Road at "A
point about 500 feet south Of the prop
erty. II is an eight minute run TO the
subway station at Nth 81. The Bronx
and Pelham Parkway subway station. on
the White Plains Road extension Of Che
present subway, will be 4 seven-minute
walk from the property. The Morris
Park av. trolley car now runs TO VIII
iamshridge Road and Woodmanstcn Inn.
and there is every probability that az
soon as il is warranted. this system will
be extended east and west in Williams
bridge Road. and doubtless through the
Pcarsall estate tract also. II is eX
pected that the White Plains Road ex
tension of tho present subway will be
completed within ore year. This will
provide a rapid transit route, az a scent
rate of fare 10 all parts Of the city.
The property can be reached also by
the trolley in White Plains Road TO The
Bronx and Pelham Parkway. about seven
minutes walk. This is also about eight
minutes run from the Nth St subway
extension.
The new Lexington ay.-Bronx subway
line. now in the course OF construction,
will have a station at West Chester Square
in the thriving. prosperous and progress