New-York tribune., 1919-04-08
Real Estate Market News and Comment
Seaboard National Bank
Buys Broad St. Corner
Will Improve Beaver ST. Site
With Three Story Structure;
Plot Cost S59O.OOO

The Seaboard National Bank has pur-
and Beaver streets as site for new
home.
The property acquired, comprising
four-story buildings, combined cover
ing plot fronting 1886 feet at 81 to
so Broad Street and 81 feet on Beaver
Street, was purchased through Horace
S. Ely & Co. from L. Napoleon Levy,
John G. Mccullough and the Aycrigg
estate for $590,000. The price agreed
upon was 100000, but payment in cash
secured a reduction Of $4,000.
The Seaboard bank, Of which Samuel
G. Bayne has been president for many
c. Bosom to prepare plans for the
new banking structure. 1t will be a
three-story structure.
The building will have a basement
raised above the street level, a banking
floor and two floors for executive
Offices, etc.
The bank, now housed in the Welles
Building, Is Broadway, recently OBJ
tanned an option on the southwest cor
ner of Broad and Markctfield streets
owned by Colonel K. II. r. Green, and
this will be retained in the event of
hitch in the construction of the banks
new home, which, it is expected, will
require two years to prepare. Both
properties face the Consolidated Stock
Exchange and are one block south of
the Stock Exchange.
Midtown Loft Buyer
The Mercantile Holding Company
has bought the elevenstory loft build
ing at 8 and 10 West Thirteenth Street
through NJ H. Gaillard &, Co.
15Sth Street Realty Resold at Profit
Irving Judis and Irving |. Levine
have resold to Abraham Cresney, at
torney, the six-story elevator apart
ment house at 545 and SAT West 15Sth
Street, known as Dorenza Court, on
plot 100x100, adjoining the northeast
corner of Broadway Charles Friedman
was the broker in the transaction. The
house was bought by the sellers about
two months ago from the Barber
Estate.
Jackson Buys and Sells
Daniel H. jackson has bought from
Francis S. Pulen, Caroline S. Belchcr
and Helen S. Silcocks 25s West
Ninety-ninth Street. between Broadway
and West End Avenue, four-story
American basement dwelling, on lot
16.oX100. Slawson & Hobbs were the
brokers.
Mr.. jackson has resold to Sager G.
Shapiro 1926 Trafalgar Place, near
176th Street, fve-story apartment
house, on plot 50x1OO. j. B. Kaplan
was the broker.
Chonk Addc IN Hovor Ayopuo LrIo+c
Joseph Shenk has bought from Burt
l.. Haskins 308 and 80 Haven Avenue
five story house, on plot 75X10O The
Mr.. Shenk, purchased recently two ad-
joining houses at 304 and 306 and 310
and 312 Haven Avenue.
Mr.. Shenk has paid l. Portman a
profit on his contract covering the six
story elevator apartment house at the
northeast corner of Broa dway and
177th Street. which the seller bought
last Thursday from Conrad Stein The
house is on plot 91.2Xl00.
Brown Resells Heights Flat
Frederick Brown has bought from
the Millbanche Realty Company
through J. S. Maxwell 1880 Amsterdam
Avenue, near 14Sth Street, five story
fiat, on lot 27x100. Mr. Brown sold to
Paul Feinman through Kehoe &
Canero the northwest corner of 11Sth
Street and Second Avenue, a three
story double tenement, with three
stores, 20x90. He also sold the dwell
ing at 1890 Bathgate Avenue, 1890, to
M. Mazziotta.
Lessee Buys 1t6th Street Flats
The two five-story apartment houses
at $50 and 552 West 146th Street have
been sold by the Twenty third Ward
Bank TO Frank J. Bryant, who holds
the properties under lease. They occupy
a combined site 75X100, house forty
families, who pay gross yearly rental
of $4,000.
viii Make Over 18th Street Flat
Isadore Montefore Levy has bought
as attorney the five story fiat at Sc
East 18th Street, on lot 25x10O.1O
The buyer paid all cash. Mr.. Levy Will
make over the house.
Sale in West Forty-seventh Street
A. w. Miller G. Co. have resold for
George Latour SAC and 548 West Forty
seventh Street, two six-story tene-