December 18, 2018 at 2:00 pm
Matrix Corporate Park
Veterans Memorial Highway
Hauppauge, NY 11788
Estate Auction
Prime Location Near the Long Island Expressway – Sold in Bulk Only
Details:
Matrix Corporate Park (214,156 Sq Ft on 16.5+ Acres):
Matrix Executive Park (191,052 Sq Ft on 14.29 Acres):
Inspection/Viewing: Available by Appointment Upon Request.
Overview of Sales Process: This is a two-step bidding process. The first step is the submission of binding, sealed bids that are due by 5:00 p.m. on Tuesday, December 11, 2018. The Qualified Bidders will be invited to bid at the live (invitation-only) auction on Tuesday, December 18, 2018 at 2:00 p.m.
Sealed Bid/Bidder Qualification Deadline: Tuesday, December 11, 2018 before 5:00 pm. All Bid Requirements within the Marketing Procedures, the transmittal of the $1,250,000 Good Faith Deposit must be included for consideration. See attached Marketing Procedures for details.
Sealed Bid Delivery Location: Overnight Courier and Email Required to Richard B. Maltz, Maltz Auctions, 39 Windsor Place, Central Islip, NY 11722, Patrick R. Linsey, Esq., Zeisler & Zeisler, P.C., 10 Middle Street, 15th Floor, Bridgeport, CT 06604and William Caffrey, Esq., 1201 Route 112, Suite 900, Port Jefferson Station, NY 11776.
Auction Date & Time: Tuesday, December 18, 2018, at 2:00 pm. (Registration commences at 1:30 pm). Only Qualified Bidders as defined in the Marketing Procedures are qualified to attend and participate.
Auction Location: Sent via Private Invitation to Qualified Bidders.
Terms & Conditions of Sale: Please download the complete Marketing Procedures and Sale Contract.
Broker Participation: A 50 basis point (1/2%) 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.
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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
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. 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.