Two Family Home
Public Admin Auction
- April 26, 2023 at 12:00 pm
- April 28, 2023 at 12:00 pm
170-01 140th Avenue
Jamaica, NY 11434
Two Family Home
170-01 140th Avenue, Jamaica, Queens County, NY 11434
- 1,504 Sq Ft Home Plus 1,000 Sq Ft Basement
- 3 Bedrooms
- 2 Full Baths
- Private 2 Car Driveway
- Private Access to Both Units
- Full Basement with Exterior Access
- Layout Unknown (Access Unavailable)
- County: Queens Block: 12576 Lot: 9
- Lot Size: 4,000 Sq Ft (40′ x 100′)
- Fuel: Gas
- Heat: Radiant
- Year Built: 1945
- Annual Real Estate Taxes: $3,011.64 (Before STAR Exemption)
- Occupied and NOT Delivered Vacant at Closing
- $525,000 Opening Bid
ONLINE BIDDING ONLY – CLICK HERE FOR ONLINE BIDDING
Bidding is available by computer or download of the Maltz Auctions App on the App Store or Google Play
Pre-Registration Required to Bid. You Must send in signed Terms & Conditions of Sale & Online Bidding Form, and a deposit in the Amount of $52,500 (cashier’s check only) to be approved for bidding.
Viewings: Occupied, Access Unavailable. Please do not Attempt to Gain Access to the Property.
Pre-Registration Required to Bid: You must send in signed Terms and Conditions of Sale & Online Bidding Form and a $52,500 deposit to be approved for bidding. All documents and funds must be received at least 24 hours prior to the scheduled end time of the auction, or you may not be approved to bid prior to the conclusion of the auction.
Auction Date: Online-Only bidding will open Wednesday, April 26th at 12:00 noon and is scheduled to close on Friday, April 28th at 12:00 noon. Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.
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. Once no further bidding activity occurs, the sale closes when the time runs out.
Terms & Conditions of Sale: Sold free and clear of all monetary liens. In order to register to bid, all prospective bidders must deliver a cashier’s check in the amount of $52,500 made payable to “Public Administrator of Queens County”, signed Terms & Conditions of Sale & Online Bidding Form to Maltz Auctions at 39 Windsor Place, Central Islip, NY 11722 twenty-four hours prior to the scheduled close of bidding. Closing must occur within 30 days after the contract signing.
Buyer’s Premium: A Three (3%) 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 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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Lois M. Rosenblatt, Esq., Queens County Public Administrator
Sweeney, Reich & Bolz, LLP, Attorneys for the Public Administrator
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, 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 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.