The New York herald., 1922-06-18

fares. with the exception Of one lot at
the Fifty-fifth street corner. acquired
from the General Motors Corporation.
all of the land was bought from the
Lewall Realty Company. representing
Chanler estate interests. the stated con-
sideration being s25o,ooo. Tho Argo-
naut Company filed plans a week ago
with the Building Department for Inn
proving the site with six story sales
room and service building. Albert Kahn.
architect. OF Detroit, Mich, estimated
the cost at 100000.
Metropolitan Buys I'm, Astoria.
Louis Gold & Co. has closed con-
tract with the Metropolitan Life 1nsur-
ance Company whereby the Metropoli-
tan has purchased eighty-tour lots on
Fourth avenue, Sixth avenue. Ditmars
avenue and Wolcott avenue. Astoria,
where they expect 60 erect thirty-nine
apartment houses accommodating 6z4
families. The Metropolitan has also
agreed to make 400 loans to builders
who have purchased lots from Louis
Gold & Co. for the erection of 400 two
family houses.
The brokers in the transaction were
Jacob and Emil Leitner.
New Bank Building In Harlem.
Tho Five County Realty Corporation.
Abraham Sachs president purchased
from the Plnckney estate twelve lots, 14S
feet on 125th street through zoo feet TO
Moylan place. The 125th street front
will be Improved with stores and offices.
Part OF the plot will be developed with
a bank building. negotiations for the
lease Of which are now pending.
Deal on West 4sth Street.
Edward Hart, who recently
three-story building, 20x1004, 10
West Forty-eighth street, with a. OPT
of purchase from s67,50o. has bought the
property from the Freeman Purveying
Company.
Bronx Market Reports.
Hvman schulnan of Schulman Broth
ers. who erected the five story apart
ment houses at 354-370 Cypress ave-
nue., sold the property to the e. III. q
NJ Realty Company. The houses, each
40x100. return a yearly rental OF $4,000
and were valued at $215,000. The buy
ing company, of which Samuel Eichorn
Is president, was represented by Max
Silverstein, attorney.
Morris Sax has sold for s. Goldman
the five story new law apartment house
at $50 East 194th street on a plot 80
x1o0 to an investor.
Cross & Brown Company sold for the
Port Morris Land and Improvement
Company two plots at 134th street anc
IN
Corporation.
Robert Foley sold for Mary Dreyfuss
to Gertrude McMaster a dwelling 25xloO
at 1871 Popham avenue.
Brooklyn Trnnsn ctions.
Charles Partridge Real Estate Com
many. Inc. sold the five three story
buildings, each containing store and
two apartments at $50 and SOS DeKalb
avenue for the vollckening estate.
+ C. Sauter Agency sold S67h
Twelfth street, dwelling for Hanna
Carlson to William Foy $40 Eighth
street three family house for Margaret
Passanti to Theresa Marrazza: and S4S
Tenth street. three family house Tor
James Mullen to Patrick Fallon.
Martin Company leased for Lawrence
Atterbury Trustee, 10 Brooklyn EDISON
Company. Inc, the building at 4s1 HUI
Harry M. Lewis sold for Letitia w.
Warsaw to Caroline w. Fischer. the
three story dwelling. 20x1o0, at b2 Fort
creene place. near Fulton street.
r. IT. Harper for the Davenport Real
Estate Company, Inc, and M. G. OBrien
soid the one story brick garage at 229
a. o4a Empire Boulevard, for the Heit'
kan Construction Corporation. Inc. to
Auguste Rother for occupancy. The
property was held at $4,000.
Henry L. Nielsen Offices sold the three
story dwelling at 200 Bergen street Tor
Mrs Marie Powers to a client for In
vestment. ,n
70. B. Kegei sold four lots fronting 80
feet on Coney Island avenue, 35 feet
north OF Avenue V. The same brokers
sold the two story dwelling at 80 Sher-
man street for A. Silverstein TO client
for occupancy.
Suburban Market News.
Charles w. wynne and Louis II. Low.
onerators. have purchased from Mrs.
Isabel X. Broadwee 20 three story dwell
ings at Rye Gate on the Sound. rye,
". Y. These houses are on plots 90
TO 100 and contain from seven to twelve
rooms. The property was held at s400,-
600 and will be offered for resale TO IN
dividual purchasers The transaction
is the largest single sale Of improved
nroperty made In Westchester county
this year. George Levy was tile broker.
Prince & Ripley have sold for Mrs
Margaret A. Martin her residence on
Belden avenue, Dobbs Ferry, to Sidney
royes, vice-president OF the New York
Trust Company.
George Howe sold for the Smith Con-
tracing Company Dutch Colonial
house on Iden avenue, Pelham. to Rodger
q. Lyons, this city, who will occupy II
about July /. The property was held at
s21,000.
+. M. Crawley & Bros. have sold FOR
w. II. Tucker a tract on the east side OF
Belleclaire place. Montclair. ". j.. to p.
w. A. MacMahon. The property has a
frontage OF 400 feet on the cliff, extends
ZOO feet In depth and is adjacent to the
Eagle Rock Reservation property OF the
Essex County Park Commission.
Harvey Rothberg has purchased tho
PIainfield School for Young Children. In
Plainneld, ". j.. from Mrs. II. Van Sickle
through J. j. Schwartz, Inc. The same
brokers have sold for Francis G.. Craw-
ford his residence, 1870 Myrtle avenue,
TO r. X. Harrison for p. G. Beardslee
his property Mt 1904 Arlington avenue
70 l.. r. Seldll and the Bergquist prop
crty at Conover's Corner TO Louis Ward
also a new bungalow at Queen City ter