Pre-Foreclosure Auction - Immediate Sale Ordered

2,000 Sq Ft Office Building

Previously Utilized as Law Office

Details:

• 151 Haven Avenue, Port Washington, NY 11050
• County: Nassau   Section: 5   Block: 101   Lot: 401
• Ideal Professional Office
• Two Stories
• Two Half Baths
• Lot Size: 4,848 Sq Ft (103' x 61')
• 100' Frontage on Haven Avenue
• Annual Real Estate Taxes: Appx $20,000
• Currently Vacant and will be Delivered Vacant at Closing
• Online Bidding Available - Call 516.349.7022 for Details
• Opening Bid: $150,000

Inspections/Viewings:  Wednesdays, September 29th & October 6th; 11:00 am - 1:00 pm each day.

Auction Date & Time:  Thursday, October 7, 2010 at 2:00 pm.  Registration begins one hour prior at 1:00 pm. 

Auction Location:  Sheraton Four Points Hotel, 333 South Service Road, Plainview, NY 11803.

Terms & Conditions of Sale: Property will be sold free & clear of all liens, claims and encumbrances.  In order to register to bid, all prospective bidders must present a certified check in the amount of $20,000 made payable to "David R. Maltz & Co., Inc." .  Please download the complete Terms and Conditions of Sale.

Buyer's Premium:  An eight percent (8%) Buyer's Premium will be added to the successful bidder's high bid to determine the contract price to be paid by the purchaser.

Buyer Broker Participation:  A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

David R. Maltz, Auctioneer DCA# 762794
 Richard B. Maltz, Auctioneer DCA# 1240836
 Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105

This property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer's Broker to determine the accuracy of all measurements and specifications of the property.    Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property, including without limitation, environmental and physical condition of the property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction Sale.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.