One West 57th Street Properties
(New York City)
Five-Year General Mortgage 6% S. F. Guaranteed Bonds.
Amount: $3,000,000.
Dated: December 1, 1928.
Maturity: December 1, 1933.
Interest: June and December 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal—Penn., Calif.,, Conn., Vt, Maryland, D. C,
Colo., Neb., Kas., Ky., Va.. Iowa, Minn.. N. H., Mass.
Redemption: 101.
Trustee: Straus National Bank and Trust Company.
Guaranteed: Principal and Interest unconditionally guaranteed
bv Frederick Brown.

New York City:
I. West side 5th Avenue, 57th to 58th Streets
2. N. E. corner 5th Avenue and 52nd Street
~. 145-147 East 57th Street
8th Avenue and 35th Street, S. E. corner
54 East 59th Street, 25x100.5
S. FE. corner 9th Avenue and 58th Street

Parcel

Appraised
Value
$11,000,000
2,675,000
900,000
100,000
200,006
400.000

Prior Lien
$6,000,000
1.400,000
510,000
700.000

L.
2,
3
|

Equity
$5,000,000
1,275,000
390,000
400,000
200,000
A00 000

$16,275,000 $8,610,000
Earnings from above properties .........
Interest on First Mortgages .

$7,665,000
$1,064,750
412.500

Amount available for interest on this issue
Maximum interest ..
Price Range: January-May, 1930—98-98.

© $652,250
180,000

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