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Two Family Home
Bankruptcy Auction

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Online Bidding

Starts:
October 18, 2022 at 11:00 am

Ends:
October 20, 2022 at 11:00 am
2022-10-20 11:00AM

Property Location

208-38 15th Drive
Bayside, NY, 11360

Bid

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Details

United States Bankruptcy Court Eastern District of New York

In Re: Filippo Intile – Case No.: 21-41228-NHL

Two Family Bayside Home

208-38 15th Drive, Bayside, Queens, NY 11360

  • Two Family Split Level Home
  • 3,267 Sq Ft of Living Space (Including Finished Basement)
  • 200 Sq Ft Attached Single Car Garage
  • Private Driveway (3 Cars)
  • 22′ x 54′ Building Footprint
  • Outdoor Patio/Deck
  • Situated on a 32′ x 100′ Lot (3,200 Sq Ft)

Living Unit 1 (Lower Levels)

  • Layout Coming Soon
  • Currently Occupied and will be Delivered Vacant at Closing

Living Unit 2 (Upper Levels)

  • 3 Bedrooms & 2 Full Baths
  • Master Bedroom with Ensuite Full Bath
  • 2 Additional Bedrooms
  • 1 Additional Full Bath
  • Living Room/Dining Room Combo
  • Kitchen
  • Laundry Room
  • Wood Floors Throughout (Except Bathrooms & Kitchen)
  • Currently Occupied with Lease Until 9/1/23 (DElivered Occupied at Closing)
  • Annual Rent: $28,800 ($2,400 / Month)

Additional Information:

  • Borough: Queens  Block: 5863  Lot: 563
  • Building Class: B2 (Two-Family Dwelling)
  • 297 Sq Ft Unfinished Space
  • Primary Zoning: R4
  • Year Built: 1975
  • Annual Real Estate Tax: $13,988.08
  • $920,000 Opening Bid

Viewings: TBA.

Pre-Registration Required to Bid:  You must send in signed Terms & Conditions of Sale, signed Online Bidding Form, and a $92,000 deposit to be approved for bidding.

Auction Date: Online-Only Bidding will open Tuesday, October 18th, 2022 at 11:00 AM and is scheduled to close on Thursday, October 20th, 2022 at 11:00 AM.  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 $92,000 made payable to “Gregory M. Messer, 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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Gregory Messer, Chapter 7 Trustee
LaMonica Herbst & Maniscalco, LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker

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 Trustee, the Attorney for the Trustee nor any of their collective representatives makes any representations or warranties 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 Trustee, the Attorney for the Trustee, 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.