The New York herald., 1921-02-09
SALE CLOSED ON
UPPER SIXTH AVE.
Investor Said to Have Bought
Five Story Building at 56th
Street Corner.

Upper Sixth avenue. which has been
consistently barren of trading for some
time. was invaded yesterday by a buyer
who Is sad to have acquired the Ave
story and store building at No. 9a2. the
southeast corner of Fifty-slxth street
The property has been own two gen.
erations by the Mcintyre family. and
the owner of record was the estate of
Even Mcintyre. The last transfer of
the parcel was on January II, 1919.
The building fronts 25.5 feet on Sixth
avenue and rs feet on F'ifty-sixth street.
The ground floor store has been oc-
cupied for long time by retail drug
firm. 1t is said the selling price was
In the neighborhood of $250000. Arthur
Smith, a lawyer of Ill Broadway, ne
gotated the deal
Insurance Co. Buys .on Gold st.
Davis Dorland G. Co.. Insurance. have
purchased for their future home the
buildings, on plot 63x54, at Sc to so
Gold street, between Fulton and Beck
man streets, from the Mcmahon estate.
The buying concern, of which Julius
Lucas, Jr., Is president, may later inn
prove the plot with modern structure.
VIM. A, White & Sons negotiated the
transaction.
Business Properties Sold.
Herbert jacques Morris sold for the
Schultz Realty Company the four story
building, 20x51, at TAO Seventh avenue.
southwest corner of Forty-ninth street
to Sigmund Berger and Joseph N Car
penter. The sellers bought the parcel
through the same broker from the
estate OF Anna Gerken in November.
1920 and realized substantial profit
on the resale. The premises were held
at S125,000.
Pepe & Brother sold for Edward Hol-
land. Gertrude OLeary and Grover A.
Whalen 493 West Broadway, a four
story stable. 25x100. to Maria Matero
for paper and rag shop.
New Warehouse for l.. I. City.
Roman-Callman Company sold for the
Palmolive Co. Of Milwaukee to the Nc
Loughlin Supply Company of Manhat-
tan the property fronting 265 feet on
Mott avenue and 169 feet on Meadow
street.. in the Degnon Terminal, Long
Island City. The purchasers will i'm
mediatey erect storage warehouse
with railroad siding for pipe and plumb
ers' supplies.
b2-Year Mortgage in Flat DeaI.
@'Aoi tiihct -h SiHScI SOiu lHc seven SlOTy
tenement house at 149 and ISL Broome
street. 37.6x100, to client of David
Lion. The broker was Aaron Fishbach.
\ purchase money mortgage of $4,000
\ was taken back at 5 per cent, to be
amortized in 104 semi-annual payments,
making the mortgage term SO years.
In the Apartment House Market.
Slawson & Hobbs sold for the Demer
Realty Company the five story fifty foot
\ twenty-five family apartment house at
b03 West 174th street.
Alexander Karlin. attorney for Harry
Bleich. sold to Emil Flexman & Sons tho
i've story apartment house at 205 East
Sixty-seventh street. 50xl00, for SOL, 500.
4 The house Is arranged for forty-two
families and is just east of Third ave-
nue..
Deals Revealed In Transfers.
Thomas c. Burke sold to Regina B.
Saportas the three story stable at 80
!. Washington street, 26.5xS9.6. near Morris
street
Joseph Rcca sold to Francesca Porzio
517 East Thirteenth street, five story
tenement, 24.10x103.3.
Gertrude E. McFall sold to Charlotte
NJ. Winston 446 West 151st street. five
story fiat, 27.3x99.1l.
c. w. Schildwachter sold to Georgine
TAFT 2o64 Madison avenue. near 130th
street, three story dwelling, 16.Sx75.
!, The three story dwelling. 16Sx99.11,
at 200 West 12Sth street has been sold
by Christian A. Krone TO Anna II. Hage-
meyer.
Erie Railroad Leases More Space.
Charles F. Noyes Company has made
additional leases In the Masonic build
ings with the Erie Railroad, including
scattered space in the nineteen story
Masonic Building at the northeast cor
ner Of Sixth avenue and Twenty
street and the nineteenth floor of
Masonic Hall. adjoining at as West
Twenty-iourth street, besides the eight
N floors leased by the Noyes Company
a short time ago TO the Erie with
occupancy on February 1 in the Twen-
ty-third and Sixth avenue building
For the nineteenth floor of the Masonic
Hall building the Erie Is paying about
II s125.0O0 in the aggregate. For the
entire space. containing about 1875, 900
feet the Erie is paying about 50 2.5o0. 900
lin aggregate rentals This series of
leases by the Noyes Company repre-
sents probably the largest rental made
Hin the Sixth avenue and Twenty-third
|lstreet district for many years.
II Buys Manhasset Hotel Lease.
i Isaac A. Benequit bought from
Charles b. Komprecht the lease on
|l61 10 So East Fifty ninth STREET the six
Istory Manhasset apartment hotel. with
lstores. The lease has ten years to run
Hat an aggregate rental of 100000.
|lScobel Glauber negotiated tho trans
|action