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Luxury 1 BR Condo
Bankruptcy Auction

inside luxury condo up for private auction at maltz auctions in new york
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July 22, 2015 at 11:00 am

2015-07-22 11:00AM

Property Location

41-26 27th Street
Unit 9B
Long Island City, NY 11101

Auction Location

NY LaGuardia Airport Marriott
102-05 Ditmars Boulevard
East Elmhurst, NY 11369

Photo Gallery


Bankruptcy Auction – United States Bankruptcy Court Southern District of Florida Miami Division

In Re: Glynnis Lawson-Stoot · Case # 14-27340-BKC-AJC

Luxurious 1 Bedroom Condominium – “Queens Plaza” Building

Manhattan Skyline Views from Private Balcony


  • 41-26 27th Street, Unit 9B, Long Island City, NY 11101
  • Known as “The Queens Plaza” – Within Booming Long Island City
  • 734 Sq Ft Condominium
  • 1 Bedroom
  • 1 Bathroom
  • Hardwood Floors
  • Private Balcony with NYC View
  • 9′ 8″ Ceilings
  • Amenities:
  •   Doorman Building (7am – 11pm)
  •   Furnished Roof-Top Deck (Common Area) – New Landscaping & Furniture
  •   Fully-Equipped Fitness Center
  •   Bicycle Storage
  •   Laundry Room
  •   Keyless Entry
  •   Surveillance System (New)
  •   And More…
  • Gas, Heat & Hot Water are Included in Common Charges
  • One Block from Queens Plaza Subway (7, N, Q, R, E, F & M Trains) – 5 Minutes to Manhattan
  • Built in 2006
  • Monthly Common Charges: $443.50
  • $101.26 Monthly Assessment in Place Through December of 2015
  • Current Annual Real Estate Taxes: $311 (Reflects $4,750 Abatement)
  • Highly Desirable 421-A Tax Abatement Through 2022
  • Borough: Queens   Block: 415   Lot: 1058
  • Currently Vacant & Delivered Vacant at Closing

Inspections/Viewings: Mondays, July 13th & 20th from 9:00 am – 1:00 pm.

Auction Date & Time:  Wednesday, July 22nd at 11:00 am.  Registration begins at 10:00 am.

Auction Location:  NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369.  Online & absentee bidding available with registration at least 48 business hours prior to auction, please call for details.

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 bank check in the amount of $40,000 made payable to “Marcia T. Dunn, as Trustee”.  Please download the complete Terms & Conditions of Sale.

Buyer’s Premium: A six percent (6%) 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 percent (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.

Marcia T. Dunn, Chapter 7 Trustee
Tabas, Freedman & Soloff, P.A., Attorneys for the Chapter 7 Trustee

Have Questions? Get In Touch

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David R. Maltz, Auctioneer DCA# 762794
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.