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Syosset S.D. – Oversized Lot
Bankruptcy Auction

Oversized property up for sale at Maltz Auctions in New York
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Property Location

27 Michael Road
Syosset, NY 11791

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Details

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

In Re: Aziz Malak Yakoub dba Pet Ark Broadway Inc., dba St. Mina Inc. dba Pet Ark Tenth Ave Inc. and Samia B. Beshat, dba Modern Limosine Inc. dba Pets Unleashed Inc. – Case # 20-71736-reg

Syosset Schools – Handyman Special – Oversized Lot

  • 27 Michael Road, Syosset, Town of Oyster Bay, Nassau County, NY 11791
  • Syosset School District #2
  • Within Birchwood Park
  • 1,648 Sq Ft Living Area + Full Finished Basement
  • 4 Bedrooms and 2 Baths
  • Expanded Ranch Style Home
  • Private Driveway
  • Detached 2-Car Garage

1st Floor

  • Eat-in Kitchen with Dining Area
  • 4 Bedrooms (Currently Configured as 3 Bedrooms)
  • Full Bath
  • Living Room/Dining Room Combo

Basement

  • Full, Finished Basement
  • Full Bath
  • Main Living Area
  • Office
  • Utilities
  • Storage

Additional Information

  • Section: 12  Block: 366  Lot: 20
  • Syosset Central School District #2
  • In-Ground Sprinkler System
  • Fuel: Natural Gas
  • Heat: 2-Zone Hot Water
  • Standalone Hot Water Heater
  • 200 Amp Electrical Panel
  • Year Built: 1954
  • Annual Real Estate Taxes: $17,272.25 (without exemptions)
  • Currently Occupied & Delivered Vacant at Closing

ONLINE-ONLY BIDDINg

Bidding is available by computer or download of the Maltz Auctions App on the App Store or Google Play


Viewings (By Appointment Only): TBA. PPE requirements are strictly enforced regardless of vaccination status Thank you in advance for your understanding and cooperation.

Pre-Registration Required to Bid:  You must send in signed Terms & Conditions of Sale, signed Online Bidding Form and a $50,000 deposit to be approved for bidding.

Auction Date: Online-Only Bidding Date TBA. 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 present a cashier’s check in the amount of $50,000 made payable to “Andrew M. Thaler., as Chapter 7 Trustee”, signed Terms & Conditions of Sale, and signed Online Bidding Form to Maltz Auctions at 39 Windsor Place, Central Islip, NY 11722 twenty-four hours prior to the scheduled close of bidding.

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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Andrew M. Thaler, Esq., Chapter 7 Trustee
Thaler Law Firm PLLC, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
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.