11,000+ Sq Ft Retail Building
Bankruptcy Auction

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

In Re: RJG PROPERTIES, LLC · Case # 14-36147-CGM

11,000+ Sq Ft Prime Retail on Main Thoroughfare

Corner Blockthrough Lot – Surrounded by National Retailers

Details:

• 2555 South Road a/k/a Route 9, Poughkeepsie, NY 12601
• 11,440 Sq Ft Multi-Tenant Building on .67 Acre Lot
• 100′ Frontage on South Road/Route 9
• Ideally Located on Heavily Traveled South Road/Route 9, Adjacent to Hudson Plaza (Grocery Anchored Retail Center)
• Surrounded by National Retailers: Friendly’s, IHOP, Marshalls, Price Chopper Supermarket, Toys “R” Us, U-Haul & Others
• Building Partially Occupied by Dutchess Mattress
• Partially Occupied by Month-to-Month Tenant
• 29,185 Sq Ft Lot (100′ x 295.9′ – Slightly Irregular)
• BH Zoning
• Town Water
• Sewers
• Section: 6060   Block: 02   Lot: 994630
• Annual Real Estate Taxes: $63,451.12

Inspection/Viewing: Friday, March 20th and Monday, March 30th from 10:00 am – 12:00 noon.

Auction Date & Time:  Tuesday, March 31, 2015 at 11:00 am.  Registration begins at 10:30 am.

Auction Location:  United States Bankruptcy Court Southern District of New York, 355 Main Street, Poughkeepsie, NY 12601.

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 $75,000 made payable to “Marianne T. O’Toole, as Chapter 7 Trustee”.  Please download the complete Terms and Conditions of Sale.