PRIME REDEVELOPMENT SITE
Court Ordered Auction
June 20, 2019 at 11:00 am
27 Maple Terrace
Monsey, NY 10952
NY LaGuardia Airport Marriott Hotel
102-05 Ditmars Boulevard
East Elmhurst, NY 11369
Being Sold by Order of the Supreme Court of the State of New York, County of Rockland
In re: Josef Neuman a/k/a Josef Neumann against Gerson Neuman a/k/a Gerson Neumann, Leonard Ledereich, 27 Maple Terrace Corp., John Doe “1” and Jane Doe “2”
Index No: 031532/2014
Prime Redevelopment Site – Surrounded by New Multi-Family Homes
Potential for 6-Family or (2) 3-Family Homes – Ideal Location on Quiet Block
- 27 Maple Terrace, Monsey, Town of Ramapo, Rockland County, NY 10952
- Existing Structure is a 2,236 Sq Ft Home (5BR & 2 BA)
- 13,646 Sq Ft Lot
- Property Located on Cul-de-sac/Dead-End Street
- Fuel: Gas
- Parcel ID: 56.8-2-66
- Zoning: R15C (Density Residential Conversion District)
- School District: East Ramapo School District
- Currently Vacant & Delivered Vacant at Closing
- $800,000 Minimum Bid
Inspections/Viewings: Potentially Unsafe Structure – Access Unavailable.
Auction Date & Time: Thursday, June 20, 2019 at 11:00 am. Registration begins at 9:30 am.
Auction Location: NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369.
Terms & Conditions of Sale: Property will be sold free & clear of all monetary liens. In order to register to bid, all prospective bidders must present a certified check in the amount of $80,000 made payable to “Barry D. Haberman, as Attorney”. Closing must occur within 45 days after the auction. Successful Bidder shall be granted a single 30-day extension to close if he/she posts an additional non-refundable 10% deposit (subject to additional fees in extension period). Please download the complete Terms and Conditions of Sale.
Buyer’s Premium: An eight percent (8%) 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.
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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
The 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 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 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 Property in making their bids. Neither Maltz, the seller, nor any of their collective representatives makes any representations or warranties with respect to the permissible uses of the Property including, but not limited to, the zoning of the Property. All Bidders acknowledge that they have conducted their own due diligence in connection with the Property and are not relying on any information provided by Maltz, the seller or their professionals. The 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.