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Bankruptcy Auction – United States Bankruptcy Court Southern District of New York

In Re: Imperial Capital, LLC • Case # 14-10236-SCC

Luxurious 1,500+ Sq Ft Condo in Premier Financial District Building

Corner Unit in Prestigious “Downtown by Philippe Starck” – Great Views

Details:

  • 15 Broad Street, Unit 800, New York, NY 10005
  • Formerly Known as the JP Morgan Building & Converted to Luxury Condos in 2007, Now Known as “Downtown by Philippe Starck”
  • 1,581 Sq Ft Condominium
  • Massive One Bedroom Layout (Easily Convertible into Two Bedrooms)
  • One Bathroom with Window (Very Unique in this Building)
  • Great Views of Federal Hall on Wall Street, NY Stock Exchange & 15 Broad’s Landscaped Outdoor Terrace
  • 11′ Ceilings
  • Washer/Dryer
  • Amenities:
  •   24-Hour Doorman & Concierge
  •   7th Floor “Starck Park” – 5,000 Sq Ft Roof-Park with Great Views, Reflecting Pool, Fireplace, Dining Tables & Lounge Chairs
  •   Fully-Equipped Fitness Center
  •   His & Her Locker Rooms with Sauna
  •   Basketball Court
  •   Squash Court
  •   Bowling Alley
  •   24 Person Theater
  •   Lap Pool
  •   Hot Tub
  •   Yoga/Dance/Martial Arts Studio
  •   Billiard & Ping Pong Tables
  •   Children’s Playroom
  •   Private Storage
  •   Meeting/Conference Room
  •   And More…
  • Conveniently Located Near 1, 2, 3, 4, 5, A, C, J, R, Z & NJ Path Trains
  • Rentals (One Year Increments) & Pets Permitted
  • Email [email protected] for HOA Overview Details
  • Monthly Common Charges: Estimated at $1,377.87
  • Monthly Real Estate Taxes: $0
  • Annual Real Estate Taxes (’14-’15): $9,209 (Projected Without Abatement)
  • Highly Desirable 421G Tax Abatement Through 2020
  • Borough: Manhattan   Block: 26   Lot: 1355

Inspection/Viewing: Available by appointment.  Please call Debbie Donovan at 516.349.7022 x 203.

Auction Date & Time:  Wednesday, May 6th at 12:00 noon.  Registration commences at 11:00 am.

Auction Location:  US Bankruptcy Court, One Bowling Green, Room 621, New York, NY 10004.

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 bank check in the amount of $100,000 made payable to “Salvatore LaMonica, Esq., as Trustee”.  Please download the complete Terms & Conditions of Sale.

Buyer’s Premium: A five percent (5%) 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 one percent (1%) 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.

Have Questions? Get In Touch

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Salvatore LaMonica, Esq., Chapter 11 Operating Trustee
LaMonica, Herbst & Maniscalco LLP, Attorneys for the Chapter 7 Trustee
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 Trustee, Attorneys for the Trustee, Auction Company/Brokerage Firm 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.