1854 Stone Avenue
East Meadow, NY 11554
UNITED STATES BANKRUPTCY COURT EDNY
In Re: New Island Development, LLC a/k/a Thomas Debonis, – Case No.: 22-71630-las
2,800+ SQ FT Recently Built Home
Situated on a 6,000 Sq Ft Lot
1854 Stone Avenue, East Meadow, NY 11554
First Floor (Open Floor Plan):
Second Floor:
Basement:
Additional Information:
ONLINE BIDDING ONLY – CLICK HERE FOR ONLINE BIDDING
Bidding is available by computer (PC or Mac Only) or download of the Maltz Auctions App on the App Store or Google Play (Required for tablet and Cell Phone Devices)
Pre-Registration Required to Bid. You Must send in signed Terms & Conditions of Sale, signed Online Bidding Form and a deposit (cashier’s check only) to be approved for bidding.
Viewings: Fridays, October 11th and November 1st from 2:00 pm – 4:00 pm
Pre-Registration Required to Bid: You must send in signed Terms & Conditions of Sale, signed Online Bidding Form, and a $74,000 deposit to be approved for bidding. All items must be received by Maltz Auctions on or before November 5, 2024 at 4:00 PM.
Auction Date: Online-Only Bidding will open November 4, 2024 at 11:00 aM and is scheduled to close on November 6, 2024 at 11:00 aM. Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.
Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered. If any further bidding occurs, the extension timer will reset to one minute. Once no further bidding activity occurs, the sale closes when the time runs out.
Terms & Conditions of Sale: Sold free and clear of all monetary liens. In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $74,000 made payable to “Marc A. Pergament, esq., Chapter 7 Trustee”, signed Terms & Conditions of Sale, and signed Online Bidding Form to Maltz Auctions at 39 Windsor Place, Central Islip, NY 11722 before November 5, 2024at 4:00 pm.
Buyer’s Premium: A Five (5%) 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.
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Marc A. Pergament, Chapter 7 Trustee
Weinberg, Gross & Pergament LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
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, Attorney for the Trustee, 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.
