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

In Re: HAPPY WAVE LLC • Case # 14-74389-REG

3,400+ Sq Ft Custom Colonial Home

5 Bedrooms & 4.5 Baths – High-End Finishes Throughout


  • 900 Mayfield Road, Woodmere, NY 11598
  • 5 Bedrooms & 4.5 Baths
  • Custom Luxurious Finishes Throughout
  • Wood & Marble Flooring Throughout
  • Near Houses of Worship
  • Hewlett-Woodmere School District #14
  • Built in 2008
  • First Floor:
  • Entrance Foyer
  • Living Room w/ Gas Fireplace
  • Eat-in-Kitchen
  • Family Room
  • Bedroom
  • 1.5 Baths
  • Second Floor:
  • Master Suite w/ Hot Tub, Steam Shower & 2 Walk-in Closets
  • 3 Additional Bedrooms
  • 2 Additional  Baths
  • Laundry Room with Sink
  • Additional Information:
  • Radiant Heat Throughout First Floor & Master Bath
  • Large Attic for Storage
  • Gas Heat
  • Central Air Conditioning
  • One Car Garage
  • Circular Driveway
  • 7,200 Sq Ft Lot (62×112 – slightly irregular)
  • County: Nassau   Section: 39   Block: 124   Lot: 272
  • Annual Real Estate Taxes: $27,178.64
  • Previously Listed at $1,195,000
  • $650,000 Suggested Opening Bid

Inspections/Viewings:  Tuesdays, May 5th & 12th from 5:00 pm – 7:00 pm.

Auction Date & Time:  Wednesday, May 13th at 11:00 am.  Registration begins at 10:00 am.

Auction Location:  NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369. Online/Absentee Bidding Available with Registration at Least 48 Hours Prior to Auction.

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 cashier’s check in an amount of $65,000 made payable to “Leo Fox IOLA Escrow Account”.  Closing must occur within 45 days after the auction. Successful Bidder shall be granted a 30-day extension to close if he/she posts an additional non-refundable 10% deposit.  Please download the complete Terms and Conditions of Sale.

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Maltz Logo

Leo Fox, Esq., Attorney for the Chapter 11 Debtor & Debtor in Possession
David R. Maltz, Auctioneer DCA# 762794
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 Chapter 11 Debtor & Debtor in Possession 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 Chapter 11 Debtor & Debtor in Possession, 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 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.