New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-10-06
OLD HOME OF
CHURCH SOLD
Trade Building to Replace
Central Presbyterian
EdihCe.
PROPERTY IN 57TH
ST., NEAR BROADWAY
Investor Buys Two Apartment
Houses in 153d ST., East Of
Amsterdam Avenue.

A client Of the Lawyers Realty Com
pany has bought through John y.
Golding. from the trustees, the former
home Of the Central Presbyterian
Church. on the south side of 57th St,
between 18th nv. and Broadway. Tha
premises are Nos. 212 10 2ls West 57th
st.. and measure l25x1O6.11x irregular
The fine church edifice will be re-
placed with business building. the
parger part of which will be occupied
by the buyer.
The city values the property 1T
s4s5, 900. The Central Presbyterian
Church bought the property in 1871,
paying $2l 900 for the westerly 30 feet
The church ediice was for some years
at 10Th st. and 9th av. IL was re-
built on the 57th 81. site as it was
originally put up.
Adjoining the edifice on the west is
the home Of the American Society o.
Engineers, four-story building occu-
pying a site 75xll610. On the easter
liz side Of the old Central Church IL
the Inverness apartment house at the
southwest corner of eth av.. l00xli5.
The Central Presbyterian Church
last March, purchased its present home
at Madison av. and 57th st, for SilO,-
600. 1t was secured from the Madison
Avenue Reformed Church. which de-
cided to give up owing to the fact that
most Of its members had moved from
the section. The property, which meas
ures 74.5xl50x irregular, was put on
the market at 100000. The Central
got il for less than half that figure
Some of the funds secured from the
sale of the 57th st. property will b.
used to strengthen Bethany Memoir 81
Chapel. on the east side, which the
Central Church controls.
Regarding this purchase, a well
known broker said: "The sale is an
other evidence Of the stability Of prop
erty north of SD ST., between 18th av
and Broadway. The new underground
railroad coming from Long Island Ci.y
TO It'll av and the extremely large sta
ton running on 18th av. from oath a
5sth SITS make this locality an ex-
traordinary one, as il will bring here
thousands of people who had TO come
10 New York in an entirely different
way, and it is certainly carrying out
the prediction of General Egbert l.
Viele, who laid out Central Park, and
in laying il out said that Columbus
Circle and property adjacent thereto
would be the greatest spot in the City
of New York. and surely it is getting
there very rapidly"
Hall J. How d Co. have sold for the
Alexander Grant Construction Com
pany a fve-story four family house
Ms A17 and A4o West 1b3d st, COX
eOxlO0 feet, $50 feet east 81 Amster-
dam av. The buyer is an investor.
William j. Gabel has sold for Mary
+. Roberts No. S25 East 10th St, adj
joining the northwest corner of Mar
mion av.. a three story frame house on
lot 25x100. The buyer is the Benen-
son Realty Company, which recently
purchased the corner through the same
broker and now has plot 7lxl0O which
it will improve.
Joseph ?. Day has sold for Mrs. w
G. Bergh the four-stoTy and basement
brownstone front private dwelling, AT
No 1875 East 36th St. between PARK
and Lexington avs. The house occu-
pies a lot 16.6x74.1. The new buyer
has purchased for occupancy.
Max Blau has sold for Frederick
Brown 10 the Empire City Mortgage
and Holding Company (Parkin &
Weiss 515 and 81 West 159th st, a
fve-story apartment house on plot BOX
100. between Broadway and Amsterdam
avs. The same holders recently sold
500 and 504 West 134th ST.. fve-stor7
apartment 50xl0O0, for Mr.. Brown 70
the same buyers. The houses were
held at 100000