Divorce Forces Liquidation via Public Auction

Extravagant 3 Bedroom NYC Condo

$350,000+ Stunning Renovation • Truly a Must See!

AUCTION CANCELLED - SOLD PRIOR TO AUCTION

Details:

• 400 East 51st Street, Unit 3E, New York, NY 10022
• Luxury "Grand Beekman" Condo in Prestigious Sutton Place/Beekman Neighborhood
• $350,000+ in Recent Renovations
• 3 Bedrooms & 3 Baths
• Living Room
• Eat-in-Kitchen
• Dining Area
• 1,861 Sq Ft (Appx)
• Full City Views - South/East/East Exposures
• Central Air Conditioning
• This Elegant, Post-Modern Building was Built in 2002 and is comprised of 89 units
• Partial Renovation/Feature List:
• Top-of-the-Line Kitchen w/ Viking Stove, Refrigerator, Wine Cooler
• Marantz Sound System Installed Throughout
• Cherry Herringbone Floors Plus Wood Wainscoting
• 72 Swarovski Crystal Doorknobs
• Miele Washer/Dryer
• Sherle Wagner Gold/Silver Bathrooms
• California Closets
• Wide Gauge Valves for Enhanced Water Pressure
• Venetian Glaze Walls
• Crown Moldings Throughout
• Wall Mounted Fujitsu TV's
• Building Features:
• Full-time Doorman & Concierge
• Courtyard
• Residents Lounge
• Health Club
• Sauna
• Bike Room
• Children's Playroom
• Pets Allowed
• Additional Information:
• Floorplan Available under "Documents" tab
• 90% Financing Allowed
• Monthly Common Charges: $1,860
• Monthly Real Estate Taxes: $840
• Previously Listed for $3,995,000
• Opening Bid: $1,300,000

Auction Date & Time:  Auction Cancelled - Sold Prior to Auction. 

Auction Location:  Auction Cancelled - Sold Prior to Auction.

Terms & Conditions of Sale: Property will be sold Free & Clear of all Liens, Claims & Encumbrances.  In order to register to bid, all prospective bidders must present a certified check in the amount of $130,000 made payable to "David R. Maltz & Co., Inc.".  Closing must occur within 45 days after the auction. Successful Bidder shall be granted a 30-day extension to close if he/she posts an additional non-refundable 10% deposit.  Subject to sale prior to auction as pre-auction offers will be considered.  Please download the complete Terms and Conditions of Sale. 

Buyer's Premium:  A six percent (6%) 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.