The New York herald., 1921-07-30
CLOSES HIS SECOND
SALE OF DRIVE FLAT
Operator Again Parts With st.
Francis Court; Is Principal
in Two Other Deals.


house back sharply into the foreground
Of the trading yesterday Numerically
speaking, the selling of tenements. flats
and apartments could not compare IN
strength with the trading In similar
properties during the period preceding
the hot spell. but 1t furnished few
good features, among them the closing
Of several deals by Joseph Shenk in
volving properties having an aggre-
gate value Of $65o.0oo.
Mr.. Shenk sold to an investing client
Of w. H. Ebbitt Company the apart
ment at Ss3 Riverside Drive. north corr
ner Of lS5th street, known as st. Fran
els Court. on plot 12Sx102 The prop
erty is six story elevator apartment
with suites OF five. six. seven and
eight rooms 1t was held at $3.50 200
and rents for s52,5oo. Mr.. shenk ac-
quired the property two years ago and
subsequently resold. He bought the
house again last May and now resells
1t to the senomi Realty Company.
Mr.. Shenk also reported the pur-
chase and sale of two walkup apart
ments on the upper west side. valued
at $4,000. He bought from the Hat
tie Realty Company the two five story
houses at the northeast corner OF Co
lumbus avenue and Eighty-ninth street.
They show a yearly rent roll of $S5,o00
and were held at 100000. Harrison
g. Lefkowitz were the brokers in the
deal.
To a Mrs weinstein Mr.. Shenk sold
512 West 135th stxeet, a six story
house. on plot 46x100 and having
valuation Of 100000.
studer Court south Il Sold.
Studer Court South. six story ele-
vator apartment house at the north
east corner Of st. Nicholas avenue and
17eth street. has been purchased by the
newly formed Studer Holding Corpora
ton from Abram J. Kaplan. The house.
which is assessed at SIX. 900, fronts SS. II
feet on the avenue and 100 feet on the
street. The buying company's director
ate consists Of A. D. Benjamin. E. M.
Rosennan and J. L. Young. 1t has a
| capitalization Of 100000.
Other Multffamily House Sales.
Ames & Co., sold for the Garfield
National Bank the six story tenement
at 3o6 East 101st street, 3s.10xl00 The
property was held at $4,000.
Freguglia & Lott sold for the Riegel
estate the four story flat at 2a0 West
Fourth street to Antonio Rossano for
$3.50
Douglas Gibbons Buys Apartment.
Joint Ownership Construction Com
pany. Inc. sold two apartments to
Douglas Gibbons, dn the new joint
ownership apartment building which
they are about to erect at lSS East
Sixty-seventh street. for the lS6 East
sixty-seventh Street Corporation Mr..
Gibbons is converting these two apart
ments into ono large suite. which he
intends TO use for his own occupancy. =
In the Dwelling Market.
A. C. Durant sold for c. Ellwood
Callahan the five story dwelling at 3o4
West Seventy-first street to Mrs. NJ P.
Atkinson.
Harlem 9Th Avenue Theatre Sold.
William Goldberg. theatre owner. has
purchased from the Three Effs. Inc.
Of which Edward Friedman IL president.
the Harlem Fifth Avenue Theatre, q
| two story playhouse with stores at the
northwest corner of Fifth avenue and
10th street. The property comprises
an irregular plot. 1oox51.1o. at the Cathe-
drai Parkway curve. and has been held
at $175,000
There is a mortgage OF $T.5oo on the
corner and the selling interests took
back another mortgage OF $35.ooo at
per cent.
| Business Property Sales.
Manheimer Brothers. Inc. sold for
Miss Anna Budenbach the four story
building, 25x9S9, at 319 West Thirty
fifth street This property Is directly
opposite the Manhattan Opera House
and In the new garment centre district.
The seven story business structure
at 132 to 136 West Fourteenth street.
between Sixth and Seventh avenues
has been sold by Spear Co. az
brokers. The building stands on
plot 7sx10S.S and adjoins the Saliva
ton Army Training School. Abuttins
on Thirteenth street is the Greenwich
Presbyterian Church.