New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-05
'sl5O,OOO DWELLING
in PARK AV. SOLD
Company Buys Property
at the Northeast Corner
of list Street.
100000 LEASE IN
THEATRE DISTRICT
Felix Isman Rents 9TH Av. Par
eel, with Option to Pur-
ohaSe-Other Sales.

The Douglas Robinson, Charles s.
Brown Company, in conjunction with
William A. White & Sons, have sold
for Everett. p Wheeler the northeast
corner Of Park ay. end lis, At. four
story dwelling on a lot 2ox1022 feet.
The property has been held 40 si50.000.
l. vas purchased by a company TO be
known as the 735 Park Avenue. It will
be used for private dwelling purposes.
Rice & Hill announce an interesting
lease in the theatre district. They
have rented 10 a corporation controlled
by Felix Isman the property III 10 7i5
Seventh nv, connecting with ies and
40 West 4Sth 81. and forming an 81"
around the southeast corner. The plot
fronts 80 feet OF Seventh az. and IL
fcct on 4Sth So. and contains over 5000
square feet. The lease IS for term %
twenty-one years. az an aggregate
rental of about $500 900, and contains a
privilege 10 purchase.
The property is owned by Frederick
F. Brueck, Samuel II. Wilson and Rich
ard Cole, who acquired it about seven
years ago from Thomas L. Watt, who
owned IL for many years. Il was Of
fered az auction in 1912 and 1918, when
Il was bid In at $4,000 and $4,000.
Mr.. Isman has no definite plans for the
immediate improvement OF the prop
erty, which is covered by old four story
buildings, but in view OF the develop
ment OF that part Of Seventh sv., in
GLIDING the erection OF sixteen story
building 100 by 100 feet, now in prog
resS OF construction az the southeast
corner of Seventh av. and 49th ST., he
believes that there will undoubtedly
soon be a demand for other large COM
mercial buildings in that section.
Mr.. lsman has been identified with
many large real estate operations In
this part Of tho city, notably the Pal
ace Theatre building. the Forty-eighth
street Theatre building, the Automat
building and the northerly portion OF
the block bounded By Broadway. Seventh
av. and 18th ST, containing about 10000
square feet. In 1910 Mr. lsman pur-
chased at auction the southeast corner
Of Seventh av and 4sth St, which he
subsequently sold TO a Mr.. Simpson.
Other sales follow:
srEBBINs Av.--Lols + Ki,s,n has sold 70 an
inFe,t3- 1000 Stehti-s az. uew AZ s'ory apart
mont louise 9l pa. '1r.00 feet opposite i6eth =,
20, TIL ST Tho 1881 Street Holding COMPANY
David Z.phn. pres'l-.u has boush. froia Gusiaul.
J.. Law e.ce ne plot. i00vi00 fee' ou the north
side - 10Th S. 100 feet ges' n sherman a, The
size VII De improved s..h Two nrs story apartment
houses Joseph stem was The hr0Ier Nr Law
re'ce IS row improving PIE i00-fo0t plot 81 The AL
Joining corner o. sherman az wiki a I've s,ory
house
WASHINGTON PLACE-Pcpo a BIO ha.. sold
for Iiigpi Gueialp AMI NiHcenLo Rsdii. o. Nstick
r. l.. 10 Was .rg'ol Place three story build
ing. en- lot -2v-t foct % z Piefcy
ii0TH ST kurI \ I reu g. ualunctlon With
shsrToti & Thorn. have sod ''r EdSia Rooiusk ths
p0'. l0lE9' feet tie Loath side @, li0th ST. 200
feet e6,t n s. AIMS ~
I'D 81 Tho Rev John r. s,,tery has boash,
3ll West SD -. tlrce story dwelling house. Be
tween West kni a. and Rigersiis Drive. from
MAY 9. Vail >awsoT 4 Hobbs werr he hrokers
Or Slsttey OWL 800 and $685.. adjoining, and
low controls frontage ~ - feet AZ tha. point.