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Details

UCC Foreclosure Auction

2 Bedroom Co-Op

1/4 Mile from LIRR Roslyn Station

AUCTION CANCELLED

Details:

  • 52 Edwards Street, Apartment 2A, Roslyn Heights, NY 11577
  • Development Known as “Roslyn Gardens”
  • 2 Bedrooms
  • 1 Bathroom
  • Estimated Monthly Maintenance: $1,039.59
  • Ideally Located Only 1/4 Mile from LIRR Roslyn Station
  • 465 Shares of Stock Allocated to this Unit
  • Purchaser Additionally Responsible for Unpaid Maintenance Arrears (Estimated at $1,039.59) as of April 30, 2018
  • Minimum Bid: $82,035.83

Inspections/Viewings:  Access Unavailable.

Auction Date & Time:  Auction Cancelled.

Auction Location:  Nassau County Supreme Courthouse, 100 Supreme Court Drive, Mineola, NY 11501.

Terms & Conditions of Sale:  In order to register to bid, all prospective bidders must present a cashier’s check in an amount of ten percent (10%) of the bid price made payable to “Friedman Vartolo LLP, as Attorneys“.  Closing must occur within 30 days after the auction. Please download the complete Terms and Conditions of Sale (available shortly).

Buyer’s Premium:  A ten percent (10%) 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.

Friedman Vartolo LLP, Attorney for the Secured Party

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Maltz Logo

Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105
*Maltz Auctions, Inc. Exclusively Acting in Capacity as Marketing Agent for Secured Party

This asset is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the asset 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 components of the sale and asset.    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 asset.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.

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