Bankruptcy Auction - United States Bankruptcy Court Eastern District of New York

In Re: Victor Argentina & Barbara A. Argentina   Case No. 810-70503-REG

3,500 Sq Ft Corner Retail Complex

Multi-Tenant Investment Opportunity

Details:

• 132-136 Carleton Avenue, East Islip, NY 11730
• County: Suffolk   Section: 34600   Block: 500   Lot: 78001
• 2 Rental Units (3,000 & 500 Sq Ft)
• Lot Size: 7,405 Sq Ft
• Road Frontage on Wall Street: 100'
• Road Frontage on Carleton Avenue: 84'
• Annual Real Estate Taxes: Appx $12,338
• Detailed Information Coming Soon...
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Inspections/Viewings:  Wednesdays, September 29th & October 6th; 9:00 am - 11:00 am 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 $30,000 made payable to "Andrew M. Thaler, Esq., as Chapter 7 Trustee".  Please download the complete Terms and Conditions of Sale (available shortly).

Andrew M. Thaler, Esq., Chapter 7 Trustee
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 descriptions of any other information pertaining to the sale of the property is made by the Trustee(s), Attorney(s) for the Trustee(s), 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.