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1 BR Luxury Condo
Immediate Sale Directed

1 bedroom luxury condo - find for sale at maltz auctions in new york
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Auction

June 15, 2017 at 11:00 am

2017-06-15 11:00AM

Property Location

55 Wall Street
Unit 506
Manhattan, NY 10004

Auction Location

NY LaGuardia Airport Marriott
102-05 Ditmars Boulevard
East Elmhurst, NY 11369

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Details

Immediate Sale Directed via Public Auction

1 BR Luxury Condominium

Cipriani Club Residences – White Glove Building

Details:

  • 55 Wall Street, Unit 506, Manhattan, NY 10004
  • White Glove Doorman Building in Heart of the Financial District
  • Historic 1842 Building Converted to Condos in 2006
  • One Bedroom & One Bath Luxury Condominium
  • Fully Furnished
  • 859 Sq Ft
  • Top-of-the-Line Appliances (Sub-Zero, Miele & Bosch)
  • Building Amenities:
  • 24-Hour Doorman
  • Lobby Attendant
  • Concierge
  • Fitness Center
  • Business Center
  • Valet Parking
  • Rooftop Garden & Courtyard
  • Convenient Services: Butler Service, Housekeeping Service, Preferential Access to On-Site Restaurants, Newspaper Delivery, Private Storage, Dry Cleaning and Laundry Services, Personal Shopping and Delivery Services, Postal and Messenger Service, Grocery and Toiletry Shopping, Personal Shopping, Lifestyle Consulting, Flowers and Plant Care, Fresh Flower Service, Dog-Sitting and Animal Grooming, Child Care, Packing and Unpacking, and Discounted Rates for Private Events in all Cipriani Banquet Venues
  • Additional Information:
  • Only 1 Block to the 2/3/J/Z Subways
  • Borough: Manhattan   Block: 27   Lot: 1005
  • Monthly Common Charges: $1,615.40
  • Under 421g Tax Abatement
  • Current Annual Real Estate Taxes: $8,105
  • Annual Real Estate Taxes without Abatement: $18,233
  • Sold in 2008 for $1,300,000
  • $625,000 Opening Bid

Inspections/Viewings: Thursday, June 8th from 10:30 am – 12:30 pm & Monday, June 12th from 5:00 pm – 7:00 pm.

Auction Date & Time:  Thursday, June 15, 2017 at 11:00 am.  Registration commences at 9:30 am.

Auction Location: NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369. Online & absentee bidding available with registration at least 5 business days prior to auction, please call for details.

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 bank check in the amount of $62,500 made payable to “Maltz Auctions, Inc.”.  Please download the complete “Terms & Conditions of Sale” (available shortly).

Buyer’s Premium: An 8% percent 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: Up to a 2% percent commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  2% will be paid on the amount of the opening bid and 1% will be paid on the difference between the opening bid and high bid at auction.  Please download the Broker Participation form for details.

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Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105

The Real Property is being sold “AS IS” “WHERE IS”“WITH ALL FAULTS”, without any representations, covenants, guarantees or warranties of any kind or nature, and free and clear of any liens, claims, or encumbrances of whatever kind or nature, with such liens, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the Closing, and the sale of the Real Property is subject to, among other things (a) any state of facts that an accurate survey may show; (b) any covenants, restrictions and easements of record; (c) any state of facts a physical inspection may show; (d) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (e) environmental conditions. By delivering their respective Deposits, all Bidders acknowledge that they have had the opportunity to review and inspect the Real Property, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Real Property in making their bids. Neither Maltz, the Seller nor any of their collective representatives makes any representations or warrantees with respect to the permissible uses of the Real Property including, but not limited to, the zoning of the Real Property.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Real Property and are not relying on any information provided by Maltz, the Seller, or their professionals.  The Real Property will be sold subject to any and all violations or conditions requiring corrective action.  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 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.