New-York tribune., 1919-03-24
Mclaughlin Estate
Realty Holdings
To Go at Auction
Comprises Many Dwellings
in Manhattan, The Bronx
and Brooklyn, Besides a
Number of Vacant Plots

That there is notable forward
movement in the real estate market
created by shortage of new buildings
is the opinion of real estate experts.
While a repetition of the memorable
boom Of 19061907, when the demand
for investment properties attracted the
attention Of hundreds of out-of-town
buyers, has not arrived, the prospect
of revival of activity in all kinds of
real estate is generally conceded and
the presence Of a healthy situation in
the market is in progress.
The boom of thirteen years ago was
brought about by the city-wide plans
for adequate transit. The present
scarcity of improved property is re-
sponsible in q large measure for the
present activity.
Persons who recently disposed of
dwellings in which they lived have
found it impossible to obtain apart
ment homes, and in some cases are
paying rent to the new owners until
such time as they can locate elsewhere
AS a boom to the people so situated
and to the builders and investors comes
the announcement by Joseph P. Day
of an auction sale of private dwellings,,
fats and building sites in Brooklyn
and The Bronx. The sale, which is to
close out the entire holdings of the
estate of James Mclaughlin, is to be
held Thursday, April 10, at noon, in
the exchange salesrooms at Ia Vesey
Street, and comprises the following
properties in Brooklyn:
7704 to 7710 and 7716 to 7724 Sew
enth Avenue, near Seventy-ei eighth
Street, seven two family brick dwell
ings, with frontages of 215 feet and
varying from 94 to 116 feet depth;
they are to be sold separately; 1880 to
1928 Nostrand Avenue and 2S7 Win
trop Street, five three story brick ten
ements with store, on lot 20x74 each;
1947 to 1851 East. Eighth Street, be-
tween Avenues S and T, three and two
story brick one family dwellings,, on
lot 1Sx100 each; 10l and 1O3 Seeley
Street, near Nineteenth Street, two
two family brick dwellings,, on a lot
16.4X99.4; 1923 and 1926 Vanderbilt
Street, near Nineteenth Street, two two
story brick two family dwellings,, on a
lot 2Ox64 each; 81 South Tenth Street,
near Wythe Avenue, a three story
brick dwelling, on lot 22.1x78 Va
cant parcels which should appeal to
builders are as follows:
The northeast corner of Eastern
Parkway and st. Marks Avenue, a plot
1853. .1x116x99. the northeast corner
Of Second Avenue and Sixtieth Street,
a plot 1OOxlOO2 and plot on north side
of SiXtieth Street, 1870 feet east Of
Second Avenue, 60x100.2; a block front
on the east side of Bedford Avenue,
Malbone to Sullivan Street, 1O0x2OO, to
be sold in separate lots; the southeast
corner of Seeley Street and Eighteenth
Street, plot 21Ox16Ox irreg; sixty lots
located on Morgan Avenue, Beadlc
Street, Division Place and Richardson
Street, Greenpoint, 20x1OO each also
tract of fifteen acres on Jericho Turn
pike, Mineola, Long Island.
The Bronx property is located as fol-
lows: A plot at the northeast corner of
Willow Avenue and 18th Street, 1OOx
1875; a plot on west side of jackson
Avenue, opposite 144th Street and ad-
joining st. Mary's Park, 236x144x259,
and the block front on the east side
of Cypress Avenue, 135th to 13Gth
Street, 200x95