May 13, 2015 at 11:00 am
220-03 139th Avenue
Laurelton, NY 11413
Immediate Sale Directed via Public Auction
Residential Rehab/Knockdown Opportunity
Proposed Plans for Expansion & 2nd Story Addition
Details:
Inspections/Viewings: Unsafe Interior – Access Unavailable.
Auction Date & Time: Wednesday, May 13th at 11:00 am. Registration begins at 10:00 am.
Auction Location: New York LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369. Online & absentee bidding available with registration at least 48 hours prior to auction, please call for details.
Terms & Conditions of Sale: Property will be sold free and clear of all liens, claims & encumbrances. In order to register to bid, all prospective bidders must present a cashier’s check in an amount of $20,000, made payable to “Maltz Auctions, 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: 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 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.
Financing: David R. Maltz & Co., Inc. is pleased to announce a strategic alliance with Continental Home Loans Inc. This will allow you to be pre-approved at no cost or obligation. Continental Home Loans Inc. offers various loan products with competitive financing to fit all buyers. Contact Brett Van Nostrand at (800) 540-8838.
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David R. Maltz, Auctioneer DCA# 762794
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
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 components of the sale and 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.
Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.