The New York herald., 1922-08-09
BROADWAY LOFTS
IN S2,OO0,OOO DEAL
Northeast Corner of Spring st.
i'm Bronx Tradc-Vander-
bilts Sell on 9Th Ave.

Three loft buildings. 534 to 53S Broad
way. at the northeast corner of Spring
street and occupying a plot Of 125xtoo
feet, were sold yesterday by I. Refs &
Co, brokers. to a client Of the Penwood
Realty Company The latter gave In
part payment the five story wallzup
tenement house at 1875 Creston avenue,
The Bronx, on a plot 102x10O feet.
The trade represents approximately
50, 600, 900. Nos. $50 to 534 Broadway are
are structures Of ten stories and sac and
b3s Broadway are eleven stories in
height. The owner of record of tie
Broadway holdings is the Denwood
Realty Company (Benjamin Benenson)
Refs & Co. have resold the Bronx parcel.
Former Vanderbilt Home Sold.
The five story marble front building
at SAT Fifty avenue. between Fifty-first
and Fifty-second streets. formerly one of
tbs Vanderbilt homes. has been sold by
Harold S. Vanderbilt and Malcolm d..
and Elinor d. Sloane to the Union Es-
The property. which occupies a plot OF
37.6x100 feet, has been under lease to
Gimpel Wildenstein, art dealers. for
the last six years and was held for
$3.50, ,000 1t is opposite the Wander
bilt twin houses on the west side of the
avenue. Louis Delaney Ward was the
broker. Mr.. Stone, head of the buying
company owns considerable Property in
the vicinity.
The house adjoins the old home OF
Morton r. Plant, on the southeast corner
Of the avenue and Fifty-second street,
which Is occupied by Cartier. jeweier. A
structure similar to the old Vanderbilt
residence, Just sold. separates the latter
from the Union Club house, on the north
east corner of the avenue and F'ifty-first
street
Tenant Buys on Second Avenue.
Leon S. Altmayer and Christian
Volzing & Son. Inc. have placed first
mortgage of $4,000 at 6 per cent. for
five years on the four story business
building and store 1916 Second avenue,
between Fifty-sixth and Fifty-seventh
streets. at the foot of the elevated rall-
road station at Fifty-seventh street. the
tenant of the store Simon Lipman, who
has conducted his stationery business
in 1t for many years, purchased the
property through Christian Volzirg q
Son. INC. and title to 1t Is to be closed
at once. The property has not changed
hands since 1869
Another Tenant Buys.
william Harrington, perfamer and
| tenant in the five story building at 80
Pearl street, is buying that property
| from the Dexter p Mills estate. repre-
sented by II. G. Allen of Boston. IL
stands on a plot 29.5x67x irregular feet,
near Coenties slip.
Operator Sells by Wireless.
Isidor III. Kempner, who is abroad for
the summer, sold by wireless from Ber-
lin to a client OF ID. kempner q SON.
Inc, the northwest corner OF Eighth
| avenue and Twenty-ninth street. con-
sisting of two four story buildings. The
| corner was recently purchased by MI
Kempner from Mandelbaum & Levine,
who purchased the property from the
Sands estate. which had held 1t for
longer than fifty years.
woman Buys Near Park Avenue.
The Pavson Mel. Merrill Company
! sold fCr Pnlllp u. btShtl W %hA7se 80
4 McLaughliR the three story dwelling ioo
/ East Eightieth street, adjoining tne
northeast corner of Park avenue.
Harlem Dwelling Sold.
Shaw. Rockwell & Sanford sold for
Frederick A. and Levantia Halsey 142
West 120th street, three story and
basement dwelling, 1sx100, to Charles
II. Dix.
Takes Third Avenue Corner.
eamueI FIato OF Frederick Zittel &
| Sons sold for 1. Freidus 1347 Third ave-
nue.. at the southeast corner OF Seventy
seventh street, a four story tenement
house, 25.6hx75, which has been altered
into stores and apartments. The buyer
will offer II for resale. The property