7 Unit Brownstone
Immediate Sale Directed via Public Auction

Auction
February 13, 2019 at 11:00 am
Property Location
299 Vanderbilt Avenue
Brooklyn, NY 11205
Auction Location
NY LaGuardia Airport Marriott Hotel
102-05 Ditmars Boulevard
East Elmhurst, NY 11369
Photo Gallery
Details
Immediate Sale Directed via Public Auction
3,000 Sq Ft Multi-Family Brownstone
Highly Desirable Clinton Hill Location
Details:
- 299 Vanderbilt Avenue, Clinton Hill, Brooklyn, NY 11205
- Prime Location in Booming Neighborhood
- 7 Unit Walk-Up Building – Recently Renovated
- 1 Three Bedroom Duplex (Structured as 2 Bedrooms) with Garden
- 6 Studio Apartments (1 Rent Stabilized)
- 2 Blocks to Clinton-Washington Avenues Station (MTA G Train)
- 1/4 Block to B69 Bus
- Less Than 1 Mile to Barclays Center/Atlantic Terminal/Downtown Brooklyn
- .5 Mile to LIU-Brooklyn Campus
- 1 Miles to NYU- Brooklyn Campus
- Within Blocks to Restaurants, NYC Parks, Shopping & Entertainment
- Top Floor Views of NYC Skyline
- Current Annual Income: $179,700
- Additional Information:
- Block: 1929 Lot: 16
- Zoning: R6B
- Building Class: C1
- Building Dimensions: 16.67′ x 45′
- Lot Dimensions: 16.67′ x 85′ (1,417 Sq Ft)
- 7 Electric Meters & 6 Gas Meters (Unit 2 Shares Electric with Cellar)
- Year Built: 1905
- Annual Real Estate Taxes: $8,519
- Previously Listed at $2,950,000
- $1,800,000 Opening Bid
Inspection/Viewing: Mondays, February 4th & 11th from 12:00 noon – 2:00 pm. Please do NOT approach tenants outside of the scheduled viewings.
Auction Date & Time: Wednesday, February 13, 2019 at 11:00 a.m. Registration begins at 9:30 a.m.
Auction Location: LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369.
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 $180,000 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: A six (6%) 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.
Buyer 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.
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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