4,000 SQ FT Retail Bldg
Immediate Sale Directed via Public Auction

Auction
October 17, 2018 at 11:00 am
Property Location
307-309-311 Sunrise Highway
Lynbrook, NY 11563
Auction Location
NY LaGuardia Airport Marriott
102-05 Ditmars Boulevard
East Elmhurst, NY 11369
Photo Gallery
Details
Immediate Sale Directed via Public Auction
4,000± Sq Ft Retail Storefront
44,000+ Vehicle Average Daily Traffic Count
Details:
- 307-309-311 Sunrise Highway, Lynbrook, NY 11563
- Traffic Light Intersection w/ 44,000+ Average Daily Vehicle Count
- One Story Block-through Building
- 3,882 Sq Ft Building
- 4,368 Sq Ft Lot
- Prime Location w/ 3 Storefronts
- Currently Configured as 2 Storefronts
- 2 Bathrooms
- 44′ Frontage on Sunrise Highway
- 1/4 Mile from LIRR Lynbrook Station
- Rear Overhead Door & Garage (on Shipherd Ave)
- Fenced Outdoor Storage Area
- Additional Information:
- Section: 38; Block: 461; Lots: 205 & 206
- Year Built: 1929
- 3 HVAC Units on Roof
- Annual Real Estate Taxes (2018): $26,953.63
- Annual Village Taxes (2018): $8,344.00
- Currently Vacant & Delivered Vacant at Closing
- Previously Listed at $849,000
- $390,000 Opening Bid
Inspections/Viewings: Mondays, October 8th & 15th from 9:30 am – 11:30 am.
Auction Date & Time: Wednesday, October 17, 2018 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 business hours prior to the auction, please call for details.
Terms & Conditions of Sale: Property will be sold free & clear of all liens, claims and encumbrances. In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $39,000 made payable to “Maltz Auctions Inc.”. Subject to sale prior to auction as pre-auction offers will be considered. Please download the complete Terms and Conditions of Sale.
Buyer’s Premium: An eight percent (8%) 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.
Broker Participation: A two (2%) percent commission will be paid to any properly licensed Buyer Broker who registers a Successful Buyer in accordance with the Buyer Broker guidelines. Please download the Broker Participation Form for details.
Have Questions? Get In Touch
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Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105