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THREE FAMILY BROWNSTONE
Bankruptcy Auction

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Auction

January 29, 2020 at 11:00 am

2020-01-29 11:00AM

Property Location

180 Atkins Avenue
Brooklyn, NY 11208

Auction Location

Photo Gallery

Details

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

In Re: 180 Atkins Ettzy LLC, – Case # 19-41160 (ESS)

Three Family Brownstone

Details:

  • 180 Atkins Avenue, East New York, Brooklyn, NY 11208
  • Three Family Building
  • Lot Size: 1,026 Sq Ft (19′ x 54′)
  • Building Footprint: 836 Sq Ft (19′ x 44′)
  • Monthly Rent Roll: $5,403
  • Annual Rent Roll: $64,836
  • 2 Blocks to Shepherds Avenue MTA Subway Station (A/C Line)
  • 2 Blocks to Sutter Avenue MTA Bus Stop (B14 Line)
  • 3 Blocks to Pitkin Avenue MTA Bus Stop (Q8 Line)
  • Garden Level Unit:
  •     2 Bedrooms
  •     1 Full Bath
  •     $1,515/Month
  • First Floor Unit:
  •     2 Bedrooms
  •     1 Full Bath
  •     Chefs Kitchen Grade Appliances
  •     $1,956/Month
  • Second Floor Unit:
  •     3 Bedrooms
  •     1 Full Bath
  •     Updated Kitchen
  •     $1,932/Month
  • Additional Information:
  • Borough: Brooklyn   Block: 4006  Lot: 33
  • Zoned R7A
  • Building Class: Walk-Up Apartments (C0)
  • Residential FAR: 4
  • FAR as Built: 1.63
  • Unused FAR: 2,432
  •    *FAR Information Derived from Property Shark, Verify as Part of Due-Diligence*
  • Year Built: 1910
  • NYC Market Value as Assessed: $744,000
  • Annual Real Estate Taxes: $1,923.52
  • Last Known Leases Available for Download
  • Currently Occupied and will not be Delivered Vacant at Closing

Viewings: Mondays, January 20 & 27, 2020 from 1:00 pm – 3:00 pm.

Auction Date & Time: Wednesday, January 29, 2020 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 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 “A.Y. Strauss Escrow Account”.   Please download the complete Terms of Sale.

Buyer’s Premium: A six (6%) 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.

 

A.Y. Strauss, Attorneys at Law, Attorneys for the Chapter 11 Debtor and Debtor In Possession

Have Questions? Get In Touch

Maltz Logo

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