Two Family Brownstone
Bankruptcy Auction

Auction
January 24, 2019 at 11:00 am
Auction Location
NY LaGuardia Airport Marriott Hotel
102-05 Ditmars Boulevard
East Elmhurst, NY 11369
Photo Gallery
Details
Bankruptcy Auction – United States Bankruptcy Court Eastern District of New York (Brooklyn)
In Re: Rosalind Morris a/k/a Rosalind M. Morris – Case # 17-46044- nhl
Two Family Brownstone
Bedford Historic District
Details:
- 257 Hancock Street, Bedford-Stuyvesant, Brooklyn, NY 11216
- Building Sustained Fire Damage – Extensive Repairs Required
- 2,800 Sq Ft Brick Building (20′ x 45′ Footprint)
- Full Basement (900 Sq Ft)
- 2,000 Sq Ft Lot (20′ x 100′)
- 1 Block to B26 Bus
- 2 Blocks to B43, B44 Bus
- 1/4 Mile to MTA A/C Subway Lines
- 1/3 Mile to LIRR Nostrand Ave Station
- Additional Information:
- Borough: Brooklyn; Block: 1834; Lot: 66
- Year Built: 1899
- Zoning: R6B General Residence District
- FAR: 2.0
- Unused FAR: 1,200 Sq Ft
- Annual Real Estate Taxes: $4,261
- NYC Market Value as Assessed (’18-’19): $1,625,000
- Currently Vacant & Delivered Vacant at Closing
Viewings: Extensive Fire Damage – Access Unavailable.
Auction Date & Time: Thursday, January 24, 2019 at 11:00 am. Registration begins at 9:30 am.
Auction Location: 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. The Trustee, through his Broker, has received and accepted a $950,000 bid, subject to higher bids at the auction, with the next bid to be in the minimum amount of $1,000,000. In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $95,000 made payable to “Robert J. Musso, Chapter 7 Trustee”. Please download the complete Bidding Procedures.
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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Robert J. Musso, Chapter 7 Trustee
Rosenberg Musso & Weiner LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105