The Brooklyn Daily Eagle from Brooklyn, New York • Page 46

2E For Claifd Ad Remit RKOOKLVN EAGLE, SUNDAY, MAY 28, 1939 Telephone MAin 4-6200 Flatbush Apartment in Recent Transactions Home Project Home Building i nL.i a Trees Influence Home Sales Hempstead Builder Asserts Ralph Terranova Says That Is Why He Bought Belmont Land for Development Data Reveals Home Building Gains in 1939 Mortgage Unit Survey ON in Dctujiuu mca Attractively situated on Great South Bay in Babylon, Hills andC Sons, prominent builders, nave erected a number of one-family'' Colonial type homes consisting of two stories and six rooms and garage. These new homes are orawlng the Interest of boat owners. Dock space for boats is right at the door. The builders claim that on a clear day over 100 miles of bay front can be viewed from the porch. The houses are located near the railroad sta- tlon, schools, churches and shopping center.

tract the attention of the visitor Is the wood-burning fireplace. The home are provided with Federal Housing Administration insured mortgages. The purchase provides also for a reasonable down payment and the buyer may arrange to pay about $32 monthly for all of the regular charges. wrtr r. i Plan 25 Homes For Laurelton As a result of the activity In home inspection and buying In the Laurelton section, the builders of the Benjamin Franklin Thrift Homes, Inc.

operation at 233d St. and Merrick Road, overlooking Laurelton Parkway, have decided to start another group of 25 dwellings on me property. The Thrift houses are of the bun galow type and are built of brick and stone. They are an agreeable variation from the one-story house in many of the bungalow colonies. The entrance Is larger and the rooms are so placed as to give more space xor tne Kitcnen and living room, and in the attic there is an extra bedroom.

Long Island Long Island Property for Sale cusTcn BUILT HCRES 75Q0 ot ea Ht GEORGE W. LOFT PriTat Estate on SUNRISE HIGHWAT bet. RsokrilU Centra and Baldwin OUST. SVZNION. Balldar Property For Sale Ssl ihiiiW The Lafayette National Bank of Brooklyn has sold this apartment house, 1674-1684 W.

5th corner of Quentin Road, to a client of Harry M. Lewis Company, as broker in the transaction. The apartment accommodates 46 families. It occupies a plot 100x120 and is one of the largest multi-family buildings in the locality. The legal matters were handled by Paul C.

Werner of the office of Walter Jeffreys Carlin and Alexander Deutch. Promises 583,000 One- Family Homes in Year Construction of new single-family houses in the United States this year will amount to about one new unit for every 209 persons, according to a rvey by the Mortgage Bankers' Association of America. Based upon this data, it would appear that around 585,000 single-family houses will be built in the United States in 1939, which is more than generally predicted at the first of the year and greater than estimates being made at the present time. Sixty-nine representative cities and towns ranging in size from Chicago to Rexburg, Idaho, with a 3,048 population were included in the study. The highest rate of construction in this basic type of new building is predicted for the Middle West, where 65,211 new single-family houses in 32 cities and towns are expected, or a ratio of one new unit for every 177 persons.

In eight far western and mountain cities and towns 13,285 units are predicted, a ratio of one for each 186 persons. In 15 southern cities 11,060 single-family houses are expected to be built in 1939, or a ratio of one for every 199 persons. In 14 eastern cities and towns the ratio found was one new unit for every 38S persons, or a total of 14.245 new houses. Data was compiled from reports by association members in these 69 cities. The association pointed out that the estimates merely reflect the average opinions of members in the communities studied.

In some cases, it said, these predictions seem too high while in others they appear lower than the present building trend would Indicate. Sale in 17th Ave. Slomka report the sale of the two-family brick dwelling located at 7221 17th for the Home Owners Loan Corporation to Joseph and Lucy Cappello, a client of Jacob Pesachowltz, who will occupy part of the premises. This property consists of two apartments of 11 rooms with a two-car garage on a plot 32x100 on the northeast corner of 17th Ave. and 73d St.

Maurice J. Abiams Co. acted as co-broker. TAnnnoomnr Discussing the factors which influenced his purchase of the old Belmont estate property on Front east of Hempstead, Ralph Terranova yesterday said that location and natural beauty predominated. "I had certain fixed ideas for my next home development when I set out to buy the property," Mr.

Terra-nova said. "They were, to produce a home that would sell somewhere around $5 to be real value for the money, and to sell enough of them to make it a profitable investment. I was certain that hundreds of families residing in the congested sections of the city and even in the built up localities in the suburbs desired to live among the trees. In the country, as it were, yet within easy reach of their places of business. "I think I have these features in my Delano Park development and I have sold enough homes there to warrant the belief that I have hit upon a popular note in the home buying movement of today." The builder said he originally planned a development on the former Belmont estate to contain about 50 houses, but his success eo far has encouraged him to extend the program to 150 homes.

Mr. Terranova stated that his original plan was a 40x100 plot for each house. He has increased the dimensions to 60x110 plot, which allows more space for the, garage runway, and ample garden and lawn area. Then he added to tne design, he said, which is one of the features of the newest dwellings, a sun porch on the roof of the garage. The Delano Park homes are built of stone and contain the modern equipment that women look for in a new house.

The living room is large and one of the first things that at Long Island Property for Sale CUSTOM BUILT HOMES Overlooking UD HEWLETT BAY ESTATES HOW TO REACH UNION PARK: Out Sunrlu Hlthvay ta SvaMwi Aw. to Union Avt right tun DurlaiHl RS, (urn lilt to olllH on insert. Wish 130 f0s lay Drotsck ones in on year yon eta ht tar they fond batter vshis, finer constriction and morn features. Look otst tiro feateret then com eat to ea Ik fconwi today 412 rooms1 and bath Fully detached Breakfast nook Large open porch Steel girders Copper piping. leaders, gutters Large plots $24.50 MONTHLY Pan all oharfoo, lacludlna amortlratloa la Nosoau Couaty No AoMotmonto Se Fare to Eighth Ave.

Subway iim. 0 3d id -J Location Seen as Factor in Selling "Where Is it built? and of what is it built? are essentially the most vital considerations upon which to determine property value and both should be carefully looked into by every home buyer. Locations invariably speak for themselves but construction has to be seen," de clares Louis Bright, builder of For est Hills Plateau Homes, de velopment. Forest Hills Plateau Is located Just a short walk from the 63d Drive station of the 8th Ave. subway.

The houses ranging in price from $5,500 to $6,500 are available under the FHA financing plan, in clude four types, two offering five rooms and bath and two offering six rooms and bath, all with recrea tion room, garage and oil burner In cluded In the purchase price. They were designed by Lester Maxon, architect. Stuart Survey Reveals Gain in Neiv Equipment C. W. Stuart, manager of the Home Bureau of the General Electric Company, which is co-operating with twelve prominent Long Island home builders In displays of General Electric equipped homes, has re ported the results of a survey made among the demonstrators who have been demonstrating the functioning of the equipment to prospective home buyers.

"The all-electric kitchen, says Mr. Stuart, "has created more than passing interest among homeseek-ers, the layout and compactness of size and arrangement appealing most to women who have visited the twelve home developments. Questions asked by women vary greatly, but all are concerned with the effi ciency of the electric range and the realization that it cooks a whole meal automatically and shuts off the current when the meal is done. Cost of operation is an important Item, and prospective home buyers are becoming conscious of the fact that a full meal costs about 2c per person to prepare in the electric range. Cleanliness and absence of excessive heat are added important advantages that women visitors in many cases, discovering for the first time." 1 'II "WP Ar 11 I 11 lv.

1 a- xnjM Callan Pleased With New Sales Builder Reveals Steady Increase In Home Demand That the "custom built" house still has Its attractions for many home buyers is evident irom an analysis Just made of sales of homes at Wyngate-at-Great Neck by Patrick J. Callan of Callan Brothers, own ers and developers. Ninety-two I homes have been sold in with a total sales value of $1,350,000, in the 30 months since the community was started. Thirty-four of those homes, with an aggregate sales value of $470,000, were houses that were built to order in accordance with buyers' plans and specifications, Mr. Callan reveals.

Since the average price of all homes sold at Wyngate has been $14,500, Mr. Callan points out that the development has been in a price class that catered largely to families that had owned less expensive homes in the past and had learned from actual experience that certain essential advantages are required in a home for which it is necessary to spend the difference to get Just what the family wants. For APARTMENT LISTING See PAGE 4 tf 'tllo .1 afe larao -iM 6or anil Cormunity. VlPaT OnaF TOW 10 down $5,990 414 Long Island Property For Sale 130 HOMES BOUGHT IN 1 YEAR! For Flatbush to Cost $900,000 Development for Marine Park Area Sponsored by Zorn One of the most ambuious housing developments in the history of the borough will be ready for Inspection on June 18. when the first 23 homes in the 128-home Quentin Park FHA.

project in Flatbush will be formally opened to the public. Quentin Park Homes, fronting on acreage bounded by Nostrand Gerntson Quentin Road and Avenue R. in the Marine Bark section, will represent a total outlay of over $900,000 upon completion. The entire park project will be developed along the linej of a Williamstown Colonial village. It is the culmination of a dream of Josei)h Zorn, president of James Madison Builders, developers of the project.

MANHATTAN FINANCING Financing of the development has been advanced through the Knickerbocker Federal Savings and Loan Association of 640 Madison Manhattan. Actual details of the financing were worked out by Henry Gelies, vice president of the Knickerbocker, in conjunction with William Guardinier, chief underwriter of the Federal Housing Administration for the New York area. The $900,000 figure is believed to represent the largest loan ever placed through a Federal Savings and Loan Association for this type development In Brooklyn. The actual plan and development of the layout of the entire area was prepared by Charles M. Spindler, architect of this borough, who worked under the direction and in conjunction with George Cavallier chief architect of the F.H.A.

The exterior of the homes will be solid brick of strict Colonial architecture, with all steel casement windows throughout. All landscaping will be finished by the developers in conformity with the entire Colonial mode throughout the park. Cast of the homes will range from $5,990 up. A unique feature of the new financing charge is the low 4' percent interest charge plus a small premium for F.H.A. insurance.

In commenting on the development. Mr. Zorn said yesterday: "All my life I have dreamed of be-In? able to furnish the prospective home owner with a dwelling combining maximum comfort with minimum cost. Quentin Park Homes seems to be the answer. Located in one of the finest sections of Flat bush the development is close to Brooklyn College and James Madison High School.

The neighborhood abounds in churches of all denominations; it is close to all transit plus the fact that it Is right next door to beautiful Marine Park. "It is close to Sheepshead Bay and all beaches," he continued, "and gives the city dwellers an or pnrtunlty to live in the country for the lowest possible rent while buying their own home." The furnished model home will be open to the public on Sunday, June 18. Paving Helping Halperin Homes Paving of the first complete street In the new Halperin Homes development at Avenue and E. 52d St. in Flatbush is being completed this week, according to Nathan Halperin, builder of the one-family, air-conditioned bungalow models which have been selling for more than a year.

The street. E. 52d, is now being finished between Avenue and Avenue giving prospective purchasers at the development a more than adequate picture of what the community will look like when complete. Both sides are lined with varying exteriors of solid brick and stone, attractively designed, each home set back on a green lawn some distance from the sidewalk. Each fronted with a porch set behind; a brick balustrade, the background bring a huge casement window.

A number of sales have been mnde on the Halperin development within the past few weeks. Samuel Prubin is the sales manager. Mortgage Plan Help to Buying Easy financing under the Federal Housing Administration plan of mortgages, plus the moderate monthly charges and the small down payment, have done more to encourage home owners than any other inducement, according to Irving builder of the new homes Camden Homes at Liberty Ave. and 186th Hollls. "Every monthly payment made toward the purchase of a Camden home is a step in the direction of complete old age security." according to Mr.

Speck. The houses, the builder explained, are of the bungalow type In the low price field with three bedrooms on the ground floor. The development is a short distance from a public school nd the subway buses pass the door. Apartment Sold Samuel Hurwitz sold for all cash, free and clear of mortgages to the Arlington Investing Corporation, represented by Herbert E. Mohr, 342 Quincy between Marcy and Trompkin a four-story brick apartment, containing eight apartments on a plot of 35x80 6 and assessed at $11,000, and 114 Bedford between Pulton St.

and Atlantic Ave a vacant lot 25x100, assessed at $2,000. Buys Bay Ridge Home The Colonial Realty Company, Inc, soid in conjunction with the office of Emil Held Son as co-broker the two-family semi-detached building on a plot 20x100 at 1960 67th St. to Mrs. Angelina Picco for occupancy. Brick and ttnne, 6 large rooms, carafe, oil burner, rear porch, extra lavatory and basin first floor, women's real kitchen, nemi-fiiiishcd basement, "honestly and soundly built." Plot 50x100, beautifully landsrnprd; schools, churches and shopping conveniently near, Long Inland beaches, State parks, boating, fishing, bathing, golf close by.

"GOLDEN MASTERBUILT HOMES" TULIP AND ATLANTIC AVENUES BEAUTIFUL BALDWIN, L. I. DIRECTIONS TO PROPERTY: Sunrios Hishwaar or Merrick Road to Mil-burn Bal win, right on MUburn Ave. to Atlantic Are, Lelt on Atlantic Ave. 3 blocks to property.

Queem Property For Sale To RohIi flrtnd Control P'kwoy to Sloa IS, Lakovllla Roan1, toatli to Hllllldo An. RIM 1 SIMM to homw. Phona JAmoloa 1-3300 jfairtoapf) Homes! HOMES OF DISTINCTION City Sewers and Paved Streets Queens Property For Sale Building Plans For Park Area Realty Men Vision Mo9es Plan as Spur to Apartment Projects The plans of Robert Moses, Park Commissioner, to transform the Flushing Meadows into hundred million-dollar park after the World's Fair, have attracted builders to Forest Hills and Kew Gardens realty leaders in this section state, and will be responsible for increased apartment building north of Queens Boulevard next season. There are ten new garden apart ments under construction, all of them within one block north of Queens Boulevard, and accommoda tions for over 600 families are being provided. Construction of these houses is attributable to convenience of subway transportation, it was stated.

It is Indicated that next year, in anticipation of the development of Flushing Meadow Park, thf section further north between the Boulevard and Grand Central Parkway will be the attraction for builders. Real estate Interests in Queens feel that it Is a location unsurpassed in the metropolitan area, real and, from inquiries received from builders, a concentrated apartment program will continue next year. Most of the vacant land In the area is owned by the Cord Meyer Development Company, developers of Forest Hills. To Dedicate New Project hi Hyde Park Zenith Homes Colony a new community in the incorporated village of New Hyde Park, will be formally dedicated on Memorial Day, next Tuesday, when the first model home in an initial group of will be opened for public inspection. Paul Fager, the builder, who has erected homes for thousands of people throughout Queens and Long Island, plans a total of 100 dwellings in the Zenith Homes operation.

The location is on New Hyde Park Road between Jericho Turnpike and Hillside Ave. "There is a steadily increasing demand for detached brick dwellings on 60x100 plots in this part of Nassau County adjacent to the New York City line," Mr. Fager declared in an interview yesterday. "The lower tax rate of Nassau County and the unusual recreational facilities available in this county's parkways and State parks, beaches and open countryside, give the modern home buyer an opportunity for the fullest life without sacrificing convenience." The new Zenith Homes are served by direct bus connection to the 8th Ave. Subway in Jamaica and the lo cation is convenient to stores, schools, station and churches.

rSetaoinshrdluetaoln Mortgage System Attracted Buyers The new model houses opened last week in the Rorech development at Concord and Hillside Williston, attracted many home seekers, according to the sales agent on the property. Sixteen houses have been completed in the operation, which ultimately consists of 100 homes and of varied architecture, the builder has announced. The houses are fully equipped and include a garage on an ample plot. The agent stated yesterday that eight of the recently completed homes have been sold and he claims that the Federal Housing Administration mortgage plan was an Important factor in the sales. Buys College Pt.

Home The Kalleran Agency, as broker, sold the dwelling with one car garage on plot 40x100 feet on the north side of 9th Road, east of 122nd College Point, for the College Estates, Inc. Daniel Bienenstock is president. This is the 32nd home I sold In this development since Octo-; ber, the broker states. Harry iSchmals of Jackson Heights, the purchaser, plans to make this his 1 new residence. Queens Property For Sale Includinr OH Burner and Garace Positively No EXTRAS Fnllr detached, brick and atone, A Isrn rooma.

apace for bedrooms and bath on upper floor. TV A 2 ill fill 131 ieHniLtLi HEAT Four block 1 Irom St. Catherine 0 Sienna Parochial School. One of the largett on Lone liland. A.

R. Station live blacki. Storei 3 blockt. School 2 blockt, lare to Sth Ave. Subway.

Former's Blvd. 121st St. Albans, N. Y. C.

DIRECTION8 Drive out Merrick Road to Farmers turn left to 121st Ave. 8TH AVE. SUBWAY to 160th Jamaica, there take Farmeri Blvd. Bus direct to property. Phone Laurelton B-9642.

"Bt'T FAIRWAY IT'S THE RIGHT WAY" yjy if tiiiJ tWAvl 590 ops sfc mom ia ami BUILT BY I GREIG-SIFFERLEN. foe Queens Property For Sale pprextmara ALDEN TERRACE HOMES 241ot 1 block sontn of Foci (Linaen) ST. ALBANS, LA. Praia Now Vert: Ouoono BITS, to HNIUOo tjra ttlt to eaoiaoat el tare rnjM to Foca (Llndont th.o loft to Mlrt t. tori 1 r'jM ono Wo ta ires.

erty. Or Trtbore Srldio an Grant Contral Parkway te Sortotflild BM, lt o. i. tarn lelt, centime aa SartaifhK BUS. ta LlaOta BhfA, na aaova.

rran BreeHye. Sunrloe Hlihwiy to Lauroltoa Pvkaay, eK No. II toolni ereeom. a Fully Covoloped Rtatricttd Homm Brick, Stone and Steel Fully Detached lOCA5H 10 CASH INTEREST Lone Island Property for gala Colonial 2-Slory, 6-Room Home and Garage $4990 up $32.50 MONTHLY I FHA I Pai.R lnr.lnr1lnt am. "iish'l ortization of mortgage.

taxes and Insurance. SWEEPING VIEW OF BAT Dock Space for Boats at Door Boating Bathing Fishing Hunting Ftr bedrooms; telored tile feathrMst aatf intra lavatory; le-bur nine firsalMtt suts. mstie hast; laris Miumned aorth; 40-fwt isndttaiwd ltt. Therm are only a limited number of fine Colonial Type Home to $elect from, Theu homss ars located In the Villus of abyUn aad are letrtts from railroad tatlsa, schMls, shurshes and ihmtai wnUr. Homos ars opn dally and Sunday lro 10 A.M.

te a P.M., er by aapslRtmcnt. DIRECTIONS BY AtrTO Drive out one of tiie many fins taishw-yt to Miln Uativlon. Turn right at Ktro Jstinrl drlv in tettir Lsnt. Turn left JuO ft, to Aniiuikt-munnlea Jtcjid to Bty. HILL SONS, 9uitderi 101) Buahwrck At Brooklyn JOntnft -4347 4 lafcylon (42 Ml at front I Homes I riota 4UX1UU 5 Koomi Beautiful Shade Trees Tko Blotki North ttj Linden BouUvmd Mia.

W-lk It I. I. It. Si. Albnni Coif Curl; Shopplni Thrum Block! la Public and Parochial School.

179TH ST. 112TII AV. ST. ALBANS, N. Y.

C. niRK('TII)'! Drive ont M'rrirlr Rnnil to LlniVn thire turn left, rime to 171)th 8t. 8TH A VK. KIBWAY TO 1HHTH JAMAICA. Taka Rio No.

Ql (St. Albini) to Si, 7 mlnutea ride. Tel. JAm. 047U Property For Sale Brooklyn Itupeclion Home 4618 AVE.

BROOKLYN OPEN TODAY! 7-Ro6m Brick Home (4 bedrooms), colored tile bath, atall ahower, 2 extra lavatories, finished rooma In basement rrafre. Besot If uHt decorated. Other homes attached, semi-attached -detached front ST. 150 up. Available on the fa moos "BasT-o-Own" purchase plana.

T1MM 4BEHRENS 190 Montatne Street Brooklyn, N. Y. TRlanfle B-80S9 or roar own broker Property for Sale Queens 0 Jkmtfof Distinction run frsm wuu complete! I IUnnKCeRtOEHLUMWK) Vt P. H. A.

MORTGAGE Se fare via Q-4 bua 1 the 168th 81. fttb Ave. Subway. directly on Lanrelton and Southern State Parkways, an Incomparable restricted location, rojlr dataeiied hrlck and frame boroea built the builders ot over 2,000 home. Properly For Sale BRICK and STONE BUNGALOWS Louit P.

Anxiatio. Prei. Hemptreod Ave. and Wilson St. WEST HEMPSTEAD, L.

I. 10 fSj Cash "Sa- Long Island Property For Sale Lone Island Larsa Landscaped Plots. Five roornl, bath; garage; spacious upper floor for 3 additional rooma; aU latest Improvements. Stores, schools, churches right at property. Few minutes to West Hempstead station.

Directions: Hempstead Turnpike to Hempstead West Hrmp-atead, turn right on Hempstead Ave. to Wilson fit. and property. BALDWIN GARDEN HOMES NORMAN ANDERSEN 4Vi I nr. Builder 10 CASH Fully deUcted icmi-ban-filow brick and itont 5 roomi tiled bath open fireplace Urge plot Rex oil burner fftrafc scientific kitchen, all modern features.

'5490 DIRECTIONS TO PROPERTY: Southern fltate Parkway to Grand Ave, Baldwin, turn south on Grand Ave. ahort distance to Rose Boulevard one block to Nelaon Ave. and property ROSE BOULEVARD AND NELSON AVENUE One Block Went of North Grand Avenaa, Baldwin. I I..