22K SQ FT Building, 2.3+ Acres
Bankruptcy Auction
Auction
July 18, 2017 at 11:00 am
Property Location
1600 Locust Avenue
Bohemia, NY 11716
July 18, 2017 at 11:00 am
1600 Locust Avenue
Bohemia, NY 11716
Bankruptcy Auction – United States Bankruptcy Court Eastern District of New York
In Re: Schoolman Transportation System, Inc. aka Classic Coach – Case # 16-71172-ast
8,000 Gallon Diesel Tank – 4 Minutes to MacArthur Airport
Details:
Inspections/Viewings: Monday, July 10th & Friday, July 14th from 11:00 am – 1:00 pm each day (please bring a flashlight).
Auction Date & Time: Tuesday, July 18, 2017 at 11:00 am. Registration begins at 10:00 am.
Auction Location: On-location at 1600 Locust Avenue, Bohemia, NY 11716.
Terms & Conditions of Sale: Property will be sold free and clear of all monetary liens. A $2,750,000 bid has been received and accepted subject to higher bids at the auction. In order to register to bid, all prospective bidders must present a cashiers check in the amount of $275,000 made payable to “Allan B. Mendelsohn, Chapter 7 Trustee”. Please download the complete Bidding Procedures.
You must be logged in to send an Auction Inquiry.
Allan B. Mendelsohn, Chapter 7 Trustee
LaMonica Herbst & Maniscalco, LLP, Attorneys for the Chapter 11 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.