Approved Develop Site
Immediate Sale Directed

Pre-Registration Required to Bid:  You must send in signed Terms & Conditions of Sale, signed Online Bidding Form and a $76,000 deposit to be approved for bidding.  Acceptable forms of deposit are cashier’s check, postal money order, and wire transfer (funds must be received at least 24 hours prior to the scheduled end time of the auction or you may not be approved to bid prior to the scheduled conclusion of the auction).

Auction Date: Online-Only bidding will open Monday, October 14, 2024 at 1:00 pm and is scheduled to close on Wednesday, October 16, 2024 at 1:00 pm. Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.

Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered.  If any further bidding occurs, the extension timer will reset to one minute.  If/once no further bidding activity occurs, the sale closes when the time runs out.

Terms & Conditions of Sale: Property will be sold free and clear of all monetary liens.  In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $76,000 made payable to “Maltz Auctions”, signed Terms & Conditions of Sale, and signed Online Bidding Form to Maltz Auctions at 39 Windsor Place, Central Islip, NY 11722 twenty-four hours prior to the scheduled close of bidding.  Closing must occur within 45 days after the auction. Successful Bidder shall be granted a single 30-day extension to close if he/she posts an additional non-refundable 10% deposit (subject to additional fees during the extension period).  Please download the complete Terms and Conditions of Sale.  Subject to sale prior to auction as pre-auction offers will be considered (all due diligence must be complete before submitting an offer).

Buyer’s Premium: A Seven percent (7%) Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.

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.