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

In Re: MARK ANTHONY WILLIAMS – Case No. 21-42289 (nhl)

Three Family Building


304 East 51st Street, East Flatbush, Brooklyn, NY 11203

  • 2,421 Sq Ft Building (23′ x 34′)
  • 2.75 Story Multi-Family Walk-Up
  • 3 REsidential Units
  • Situated on a 4,000 Sq Ft Lot (40′ x 100′)
  • Residential FAR: 2.43
  • Facility FAR: 4.8
  • FAR as Built: .61
  • Allowed Usable Floor Area: 9,720 Sq Ft
  • Usable Floor area as Built: 2,440 Sq Ft
  • Unused FAR: 7,280 Sq Ft
  • FAR Data Derived from Property Shark Information and is not Guaranteed (Please Conduct independent Due Diligence Into All Information Provided)
  • Approximate Average Unit Size: 807 Sq Ft
  • Additional Information:
  • Borough: Brooklyn  Block: 4656  Lot: 20
  • Building Class: C0 (Walk-up Apartments)
  • Tax Class: 1 (Small Home, Less than 4 Families)
  • Primary Zoning: R6
  • Year Built: 1910
  • Annual Real Estate Taxes: $7,316.36

Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered.  If any further bidding occurs, the extension timer will reset to one minute.  If/once no further bidding activity occurs, the sale closes when the time runs out.

Terms & Conditions of Sale: Property will be sold free and clear of all monetary liens.

Buyer’s Premium: A Five percent (5%) 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.

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Gregory Messer, Chapter 7 Trustee
The Law Offices of Gregory Messer, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker

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 Trustee, the Attorney for the Trustee nor any of their collective representatives makes any representations or warranties 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 Trustee, the Attorney for the Trustee, 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.