{ }
skip to main content

Two Family Home
Partnership Dissolution Auction

Login or sign up to follow this auction. Bidding Info

Auction

October 28, 2015 at 11:00 am

2015-10-28 11:00AM

Property Location

191-36 116th Avenue
St. Albans, NY 11412

Auction Location

Sheraton LaGuardia East
135-20 39th Avenue
Flushing, NY 11354

Photo Gallery

Details

Partnership Dissolution – Immediate Sale Directed via Public Auction

Two Family Home – Needs TLC

Details:

  • 191-36 116th Avenue, St Albans, Queens, NY 11412
  • Detached Two Family Home
  • 2,473 Sq Ft Living Area + 743 Sq Ft Basement
  • 6 Bedrooms & 4 Bathrooms
  • Unit 1:
  •    3 Bedrooms
  •    1+ Bathroom
  •    Living Room
  •    Kitchen
  •    Finished Basement with Additional Bathroom
  • Unit 2:
  •    3 Bedrooms
  •    1 Bathroom
  •    Living Room
  •    Attic with Office & Additional Bathrooom
  • Building Dimensions: 40′ x 34′
  • 4,000 Sq Ft Lot
  • Lot Dimensions: 40′ x 100′
  • Built in 1925 (Estimated)
  • Additional Information:
  • Borough: Queens   Block: 11061   Lot: 18
  • Annual Real Estate Taxes: $5,105
  • Currently Vacant & Delivered Vacant at Closing
  • $310,000 Opening Bid

Inspections/Viewings: Fridays, October 16th & 23rd from 12:00 noon – 2:00 pm.

Auction Date & Time:  Wednesday, October 28th at 11:00 am.  Registration begins at 9:30 am.

Auction Location:  Sheraton LaGuardia East Hotel, 135-20 39th Avenue, Flushing, NY 11354.  Online & absentee bidding available with registration at least 5 business days prior to auction, please call for details. 

Terms & Conditions of Sale:  Property shall be sold per markup title report from Millenium Abstract under “Documents” tab.  In order to register to bid, all prospective bidders must present a cashier’s check in an amount of $25,000 made payable to “Maltz Auctions, Inc.”.  Closing must occur within 45 days after the auction. Successful Bidder shall be granted a 30-day extension to close if he/she posts an additional non-refundable 10% deposit.  Subject to sale prior to auction as pre-auction offers will be considered.  Please download the complete Terms and Conditions of Sale.

Buyer’s Premium:  A six percent (6%) 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.

Have Questions? Get In Touch

You must be logged in to send an Auction Inquiry.

Maltz Logo

David R. Maltz, Auctioneer DCA# 762794
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
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.