Messrs. James Roosevelt, Basil O'Connor, and Harry T. Hackett, Trustees, Estate of Franklin D. Roosevelt Price: $30,000. Terms: 50% cash; remainder - 5 year, 4% mortgage; amortization - 10% per year. EAST TRACT (See attached Sketch Map) ABOUT 266 ACRES TO BE OFFERED IN PARCELS Parcels A to F, inclusive: A most unusual opportunity for development into high-volume, big-profit business!! The parcels are all level, cleared land. Over 4,000 feet of Albany Post Road frontage, directly opposite the FRANKLIN D. ROOSEVELT LIBRARY AND HOMESTEAD, visited by 961,000 people from April, 1946 through December 31, 1947. In the month of August, 1947, alone, there were 114,963 visitors. Ideal location for modern tourist accommodations, restaurants, inns, etc. Parcel Price A $ 8,000 B 13,000 C 12,000 D 9,000 E 8,000 F 17,000, incl. farm bldgs. Asking price for Parcels A to F, inclusive, as a whole -$60,000. Terms: 50% cash; remainder - 5 year, 4% mortgage; amortization - 10% per year. Parcels G to J, inclusive: Here is the place to develop an ideal rural community. The plots are all well-wooded, and have an abundance of good water. There are innumerable excellent locations for summer cottages, lake sites amid the sylvan beauty of the granite boulders and tall trees. All plots have frontage on the common road. |