The New York herald., 1922-05-28

The thirteen storyloft and office build
ing at the northeast corner OF Fifth
avenue and Sixteenth street was sold
yesterday by the Motion Realty Com
pany to the De Peyster Realty Com
pany. The buyers gave in part payment
castle WALL" a twenty Ave acre estate
at atAElberon. N. j., formerly occupied by
NIyron H. Oppenheim The Fifth avenue
property was held at 81. 600, 600. 1t occu-
pies a plot 1910 feet on Fifth avenue
and 1411O on sixteenth street. 1t has
an i'T.," 25x92 in the rear The total
yearly rental income is said to be about
$4,000.
The Eberon estate includes n large
stone residence and the furnishings are
included in the deal. The place will be
occupied by j. ID. Wetmore, attorney for
the Motion Realty Company. Irwin @.
Herman of the Title Guarantee & Trust
Co represented the De Peyster Realty
Corporation l.. c. Wilton Is president
of the Motion Realty Company. s
To Improve West 45th st. Plot.
The vacant plot at 4s!5s West Forty
fifth street between Fifth and sixth
avenues. 56x100, has been sold for all
cash TO a client OF Francis Il. Robert.
The Brett & Goode Company was associ-
ate broker in the deal. The purchaser
plans TO erect twelve or fourteen story
store and office building of high type
construction. Negotiations are pending
to lease the building 20 one tenant.
Tenement and Apartment Sales.
Luisa Ricciardi sold the five story
tenements, 50x100.11, at lis and l2o
East 120th street, to.a buyer who Is re-
selling the property to the newly formed
11s and 100 East t20th Street Realty
Corporation. having for directors @. Spi-
nuzza, s. Blemon and S. Derosa. NJ. l..
Reed. attorney, represents the company.
Chr. volzing & Son. Inc. sold to
Michele Marrafino the five story tene-
ment, 26x95. at 455 East 1l1th street
also the two five story tenements at s4o-
947 Third avenue for Ellen n. Cunning
ham. This property has been managed
by these brokers for the past ffty-six
wears and this Is the first sale or the
property in that period.
The Farmers Loan and Trust Com
pany. as trustee, sold TO client OF
Ezekiel Fixnan the two five story mats
and stores at 1S10-1S12 Third avenue.
each 25xl00. between Tooth and 101st
streets.
The newly formed Lenox Hill Realty
C,ompany ID and II. l.. Davidson anu
ID II. Levi) purchased the Ave story
house. with stores. 25.6x59.4, at 1865
Second avenue. southwest corner oi
Seventy-second street. w. IL. RUSSELL
attorney, represents the new company.
Sherman &c Kirschner sold Tor Mary
A. Mccarthy the southeast corner or
4 107th street and Lexington avenue,
four story tenement with stores, 2OxS2
shaw Rockwell & Sanford have sold
for the Contingent Realty Corpora
tion. West Ninety-ninth street. hve
story fat. 25x100. The purchaser Is
Trying Bachrach.
Rival Lessees for Opera House.
Two different interests are reported
be negotiating for the purchase or the
Lexington Avenue Opera House. on Lex
ington avenue between Fiftieth and
Tifty-frst streets, the last theatrical
venture OF the late Oscar Hammerstein
1t is now owned by the Lexington The
ater Corporation, II. Kelsey president,
. and fronts so feet on Lexington avenue.
with a depth of about 800 feet. Definite
action IS expected to be taken on Mon
day One OF the bidders IL said TO be the
Proctor & Keith interests. who bid $780,
600 for the property.
e4,boo.oOO Rent for Cafe.
Harry Levy negotiated the lease OF
Arurray's Restaurant property at 22s
and 232 West Forty-second street, re-
ported recently. He sold the original
lease of sixteen years. held by Murray's.
Inc together with furniture amounting
20 approximately $3.50 900. and procured
from the Dunmore Realty Company.
through Earl Calhoun. a new lease
for slxty-three years at rental aggre-
eating s4.500,0 The leasing corpora
fion is headed by Charles w. Groil.
Bronx Market Deals.
~ Eugene ]. Busher Company, Inc, with
William III. Mehlich. sold 70 Harry c.
Hart 29a7 Third avenue. through 90
Elton avenue, six story apartment
with stores, 25x105. making the first sale
OF the property IN twenty-five years
nlso sold for Harry Quierpel sac and SS2
Iast 156th street. $50 feet west OF Court
nndt avenue. a plot 50x100, TO the
seventh Day Adventists Church. and for
Emily and Louise J. Madden 1904 Brook
avenue three family house. 1s.5x100. to
buyer, who will alter for business pur-
poses
simon S. Friedberg resold through
Charles Frederichs. attorney. the two
family dwelling at 90 East 127th street
4 2ex100. which purchaser will occupy
y Richard Dickson sold for Charles
rJrstadt 772 Hegney place, a four story
double brick apartment.
Robert Foley sold for q Mr.. Coldrick