4,100 SQ FT Full Floor Apt
Bankruptcy Auction

Auction
November 16, 2016 at 1:00 pm
Property Location
832 Broadway
Greenwich Village
Manhattan, NY 10003
Photo Gallery
Details
Bankruptcy Auction – United States Bankruptcy Court Southern District of New York
Case # 12-12211(SMB)
4,100 Sq Ft Pre-War Loft – Full-Floor Apartment
Located in Greenwich Village – 1.5 Blocks from Union Square
Details:
- 832 Broadway, 3rd Floor, New York, NY 10003
- 4,100 Sq Ft Cooperative Apartment
- Major Requirement for Cooperative Board Approval is Minimum Down Payment of 25%
- Full-Floor Unit with Private Key-Locked Elevator
- Spectacular Open Floorplan & 12.5′ Ceilings
- Tremendous Views to Broadway
- Ideally Located Only 1.5 Blocks from Union Square Park, Subway, Whole Foods & Numerous Restaurants
- 3 Bedrooms (4th Bedroom Converted to Tremendous Closet)
- 2 Bathrooms
- Layout/Room Description:
- Entrance Foyer
- Living Room/Great Room
- Dining Room
- Eat-in Kitchen
- Office
- Master Bedroom with Tremendous Walk-In Closet (Converted Bedroom) & En-Suite Bathroom
- 2 Additional Bedrooms
- 1 Additional Bathroom
- Laundry Room (Washer, Dryer & Sink)
- Amenities:
- Video Intercom Security System
- Bicycle Storage Room
- Superintendent (Monday-Friday)
- Passenger & Freight Elevators
- Additional Information:
- Ideally Located in Greenwich Village at Border of Union Square – Near Many Restaurants & Whole Foods
- Large Triple Pane Glass Windows Facing Broadway
- Oak Floors Throughout (Carpeted Master w/ Hardwood Underneath)
- Large Closets Throughout
- Heating System: Steam
- Cooking Fuel: Gas
- Central Air Conditioning (Two Zones)
- 1.5 Blocks to 4, 5, 6, L, N, Q & R Trains
- Monthly Maintenance Charges (Includes Real Estate Taxes): $5,104.57 (68% Tax Deductible)
- Heat, Cooking Gas & Water are Included in Maintenance
- Association (830-832/834 Broadway Owner’s Corp) Overview:
- 19 Residential Member Units
- 2 Retail Units Owned by Association & Leased for $160,000 Annually (Extremely Under-Market Master Lease Expires in 2049)
- Strong Financials
- Very Little Building Turnover, Many Long-Time Residents
- Rentals Permitted (All Units Currently Owner Occupied)
Inspection/Viewing: Available by appointment on Sunday, November 13th, Monday, November 14th & Tuesday, November 15th. Please call Debbie Donovan at 516.349.7022 x 203 or email [email protected] to schedule your appointment.
Auction Date & Time: Wednesday, November 16th at 1:00 pm. Registration commences at 12:00 noon.
Auction Location: Sells On-location at 832 Broadway, 3rd Floor, New York, NY 10003.
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 the amount of $320,000 made payable to “Kenneth P. Silverman, as Trustee”. Please download the complete Terms & Conditions of Sale.
Buyer’s Premium: A four (4%) percent 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 one (1%) 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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Kenneth P. Silverman, Chapter 7 Trustee
Silverman Acampora LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105