New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-28
Bronx Apartment Houses
In Good Demand
Operators and Investors Pur-
chase Newer Buildings in
EasterlY Sections

building in The Bronx made unlikely
cost of materials, an advance in rem
tails in that borough seems likely. AS
result there is big demand for
multifamily houses, the opinion among
operators and investors being that
values will advance with rentals and
that properties bought now can be re-
sold late at profit. Reports from the
northern borough yesterday indicate
that business is becoming quite brisk.
Bankers Trust Sells Bronx Flat
The Bankers Trust Company, as
trustee, has sold for the estate of
George H. Mailer to Leonard WE'LL, 994
Brook Avenue, four story fiat on plot
27x100. w. j. Huston & Son were the
brokers.
Max Cohen has bought from the
Rohdenberg estate the southwest cor
ner of 13Sth Street and Brook Avenue,
two five story apartment houses, with
stores, on plot 65x100, for all cash
The building, which rents for $4,000,
was erected by the sellers. Louis
Wetzler was the broker.
Calm & Fittman have sold to Joseph
Sciacca the three story dwelling on
lot, 25X1o0, at 2S76 Bailey Avenue.
Storekeeper in the Market
William J. Roome & Co. have sold
for the Bonk & Mortgage Guarantee
Company the five story apartment
house, with store. at l247 Simpson
Street. 1t is understood that the buyer
VIII occupy the store for his own
business.
]. A. Ulanov has sold for the Allenby
Corporation to the Leah Realty Com
pany 1893 to 1851 Bryant Avenue, four
orfrp Mt cd f.,
about $4,000. The houses are leased
to Max Resented.
Charles Goldberg, A. Phillips and D.
Welnberger have sold for DR.. Julius
Martinson to the 174th Street Realty
Company the five five story apartment
houses at 1917 to 1925 Charlotte Street
The houses rent for about $40, 900
They face Boston Road and are located
about one block from Crotona Park
from William L. Ratz and Lizzie Ratz
361 East 169th Street, a two-family
dwelling on lot 20x90. Schwab & Co.
negotiated the sale.
Takes Part in Three Deals
Joseph G. Abramson has purchased
from Schwartz & Rosenberg 900 Fox
Street, southeast corner of Barretto
Street, tve-story house on plot 52x
l05, built two years ego, returning
$1,000 annually in rents. Alexander
Selkln was the broker Mr.. Abram-
son also purchased from D. H. Jackson
975 Home Street, a new fve-story
building, adjoining the corner of Hoe
Avenue, having an annual rental of
$4,000. Phelps & Damaine were the
brokers. To I. Copalow Mr.. Abramson
has sold 1927 Tiffany Street, five
Benenson Realty Company purchased
for cash, 1854 175th Street, a five
story and basement twcnty family
apartment on plot 48x94 adjoining
Crotona Park North. The property
rents for $500.
Operators Pay Profit to Operator
Schwab & Co. have sold for Jay Tee
Bee Holding Company, Harry A. Barry.
president, the five-story apartment, on
plot 5OX100, at 1887 Clinton Avenue,
TO the Concourse Estates Corporation,
Ely Maran and Irving Levine.
Schwab & Co. sold for William l..
Ratz the two-familv frame dwelling, on
lot 20x9o, at 361 East 169th Street, to
Calm and Pittman.
Sites for Bronx Buildings
kurz d Uren, Inc, have sold for the
Bond and Mortgage Company to julius
Selling the vacant plot forming an J.
Street and Park Avenue. This plot
has frontage of % feet on 149th
street by SO feet in depth and 1856
feet on Park Avenue
The newly formed Harlan Construc-
ton Company will shortly undertake
an apartment operation in the Bronx,
having acquired from Harry Lanzner
the plot 100x100 on the east side of
Merriam Avenue, % feet south of Hist
Street, which will be improved with
five-story and improved basement
mouse, work to begin within a few
weeks.
Alexander Selkin and David Mintz
sold for John j. Conway to client of
Joseph Blacknor plot 50x1OO west
side OF Pllmpton Avenue, 200 feet
north of 10th Street.
Washington Avenue Houses Sold
Henry !. Cooper and NJ. Cohen &,
Co. sold for Bert S. Herkimer the two
slX-story apartment houses at ITO and
liza Washington Avenue to Sager.
Seigel g. Shapiro
Leonhardt Danziger sold the dwell
ing. 25x100. at 419 East 135th Street to
Mr.. Ballmer through f. NJ. Phelps
SchWab d. Co. resold to a client for
house at 2216 Webster Avenue, on plot
41x90.
Sell Southern Boulevard Stores
kurtz g. Uren have sold for the
Bond and Mortgage Guarantee Com
pany the one-story stores at the south
east corner of Southern Boulevard and
Freeman Street, on a plot 50x10O, to
Aaron Miller. Through A j. Madden
Mr.. Miller has sold half interest in
the property to the Benenson Realty
Company.
Phillip Schlachetsky has sold for the
Bond and Mortgage Guarantee Com
pany the southeast corner of Union
Avenue and 156th Street a three story
fiat, store and garage property, on a |
lot 25x91.3.
Resells Contract OH Flats
The two five-s story apartment build |
ings at 1903 to 1867 Fox Street. sold
by ). Schwartz last Tuesday. were
purchased by Joseph Shenk, operator
Mr.. Shenk has already TUNED his con-
tract over to an investor at a substan
llai PROFIT. The holdings cover a plot