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Bankruptcy Auction

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July 30, 2020 at 12:30 pm

Online Bidding

July 24, 2020 at 12:00 pm

July 30, 2020 at 12:30 pm


July 17, 2020
from 9:00 am to 2:00 pm

July 24, 2020
from 9:00 am to 2:00 pm

2020-07-30 12:30PM

Property Location

913 Sound Shore Road
Riverhead, NY 11901

Auction Location

39 Windsor Place
Central Islip, NY 11722


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

In Re: Thomas Maffetone – Case # 19-72242-REG

Single Family Home – Walk to the Beach

Located on Long Island’s Booming North Fork


  • 913 Sound Shore Road, Northville Beach, Riverhead, NY 11901
  • Within Desirable Northville Beach Community in the Heart of Wine County and a Four Minute Walk to the Beach
  • Deferred Maintenance – Needs TLC
  • 1,797 Sq Ft Living Area + Finished Basement
  • 3 Bedrooms and 3.5 Baths
  • Colonial Style Home
  • Half Acre Property (Substantially Flat and Usable)
  • Attached 2-Car Garage
  • Private Driveway
  • Front and Rear Covered Porches
  • 1/4 Mile to Iron Pier Town Beach
  • Minutes to Famed North Fork Wine Trail
    • World Class Vineyards, Breweries, Distilleries, Dining, Retail and More
  • 1st Floor:
    • Kitchen
    • Dining Room w/Wood Burning Stove
    • Living Room
    • Half Bath
    • Laundry Room
  • 2nd Floor:
    • Master Bedroom with En-Suite Full Bath
    • 2 Additional Bedrooms
    • Additional Full Bath
  • Full Basement:
    • Finished Basement
    • Full Bath
    • Utilities
  • Additional Information:
  • Section: 8   Block: 2   Lot: 8
  • Riverhead Central School District #2
  • Central Air Conditioning
  • In-Ground Sprinkler System
  • Built in 1998 (est.)
  • Annual Real Estate Taxes (2019): $11,114.90 (without exemptions)
  • Currently Occupied & Delivered Vacant at Closing



Inspections/Viewings: TBA.

Auction Date & Time: Thursday, July 30, 2020 at 12:30 pm.  Registration commences at 12:00 noon.

Auction Location: Maltz Auction Gallery, 39 Windsor Place, Central Islip, NY 11722.  Online and absentee bidding available with pre-registration, 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 cashier’s check in the amount of $30,000 made payable to “Robert Pryor, as Chapter 7 Trustee”.  Please download the complete Terms and Condition of Sale.

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Robert L. Pryor, Chapter 7 Trustee
Pryor & Mandelup, L.L.P., Attorneys for the Chapter 7 Trustee
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

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.