New-York tribune., 1919-01-28
Apartment Selling
Still Strong Feature

ment houses are spNading to older
parts of the city whore large properties
with largo gross rentals are making
their attractions felt Some of the
properties traded in are not exactly
modern, but buyers do not mind so
long as rentals are high. Yesterday
Bernard Crausman, president OF the
J. G. Leasing Company who has re
Gently figured IN deals for Investment
properties at the upper end Of the
city, bought from Charles l.. Guggon-
heimer Il siXstory elevator structure
at 200 West ll1th Street, southwest
corner OF Seventh Avenue The house
fronts 10o1l foft ON Seventh Avenue
and $50 feet on illth Street. and con
tains thirty ight suites and three
stores 1t shows an annual return OF
$4,000 and as held at $325 000. Israel
Cohen and Barnet Levy were the brok-
ers IN the sale. 1t was a cash transac-
tlon.
Brown Makes a Profit
Frederick Brown started the week
of trading by taking profit on his
property at 80 Northern Avenue. which
he sold to Joseph Schwartz. II is q siX-
story apartment house at the north
vest corner of l79th Street The prop
erty, covering plot Is by 100 feet.
rented for more than $4,000, and held
at S125.000 was sold through NJ L.
Strunsky.
Pinehurst Avenue Corner in Deal
Charles s. Kohler has sold Tor
Amalic A. and Charles II !. dig tho
live-story house. on plot 30 by ll2.6
feet al the southwest corner Of Pine
hurst Avenue and 1SOth Street. The
ri ID, fo,.
lilies and rents for $l0266 per annum
1t was held at $4,000. The sellers
bought the property through the same
brokers in September 1917.
BUYS Site for Studio Pfoiect
Henrs Caman has bought from
Marie 4. Bcrgh the four-story ana
basement dwelling al 523 West Sev-
cnty-scventh Street, on lot ~ by 1902
feet MIR. Claman owns the adjoining
property at 325 and now controls a
plot 3S by 1902 feet The Herman
Arms Company negotiated tho sale Of
both properties Mn Claman viii
shortly start the erection Of SLY
story elevator bache.or apartment and
studio building Oh the site. from plan,
being prepared by Gronenbcrg e.
Leuchtag, which provide for small
suites. SIX on each floor four CT two
rooms and bath and two Of one room
and bath, equipped with housekeeping
facilities
More Apartments for Harlem
The three story and basement dwell
ing, on lot 20xl00 at 15l West 10th
Street. for many years the home Of
the late Dr.. Henry Savage, prominent
Harlem practitioner. has been sold to
builder, who Will alter the property
into bachelor apartments Millard Neit
was the broker in the transaction
Buy Dwellings and Flats
George J. Iumphrios has sold for
the estate of Anna NJ. Clarke. 81 West
Fifty eighth Street, dwelling, on lot
16.SXl00, to Mabel $. Cameron for oc-
cupancy. 1t was held at $4,000.
Henry We'll has sold to the Levitan
Corporation for John ?. Boyland. POS
and 2l0 East l22d Street. two five
story fats, 25Xl0O each
Miss |. NJ. Cammann has sold the
three story dwelling, on lot 2OxS6.2, at
4o5 East ll6th Street, through Kchoe
G. Caner6
Henry Sugarman has resold for
Charles Wynne 263 East 122d Street
near Second Avenue, d three-storv and
basement house. ON plot l4N75. The
property was purchased by Mr.. Wvnne
from the Metropolitan Savings Bank
through the same broker last Thurs
day.
Goodwin G. Goodwin have sold for
the Japanese Fan Company to Chan
man d. Hcnriqucs the threc-storv and
basement dwelling, on lot 1Sx133. at
IA West l20th Street