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

In Re: Bruce J. Paswall – Case # 19-23623-RDD

4,000+ Sq Ft Waterview Home

Substantial Recent Renovations


  • 13 Logging Road, Katonah, Westchester County, NY 10536
  • 4,170 Sq Ft + Full Basement
  • 4 Bedroom, 4.55 Bathroom Modern Style Home
  • Set Back on a 1.58 Acre Lot on Cul-de-sac
  • Heated 2-Car Garage
  • Professionally Landscaped Grounds
  • Private Driveway with Masonry Entry Pillars
  • Water Views of the New Hudson Reservoir
  • 10 Minutes to Katonah Train Station (71 Minutes to Grand Central Station)
  • 1st Floor:
    • Gourmet Kitchen with Miele Appliances
    • Formal Dining Room
    • Living Room with Gas Fireplace
    • Family Room with Access to Yard
    • 2 Half Baths
    • Den/Office
    • Exterior Access to Rear Deck
    • Garage Access
  • 2nd Floor:
    • Master Bedroom with En-Suite Full Bath
    • 3 Additional Bedrooms
    • 2 Additional Full Baths
  • Full Basement:
    • Basement in Process of Being Finished
    • 1 Full Bath
    • Utilities
    • Laundry
    • Garage Access
  • Additional Information:
  • Section: 59.05   Block: 2   Lot: 2
  • School District: Somers (Award-Winning District)
  • Fuel: Oil & Electric
  • Heat: Oil Fired HW (Radiant Electric in 2nd Floor Baths)
  • 500 Gallon Oil Tank (Utility Room)
  • Electrical Service: 200 Amp
  • Central Air Conditioning (2 Zones)
  • Well Water Treatment System
  • Built in 1992
  • Ongoing Renovations Since 2012
  • Annual Real Estate Taxes (2020-2021): $28,234.73 (without exemptions)
  • Currently Occupied & Delivered Vacant at Closing

Viewings: Mondays, October 25 and November 1st By Appointment Only, Please Click Here to Schedule.  Masks are required 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 $75,000 deposit to be approved for bidding.

Auction Date: Online-Only bidding will open Tuesday, November 2nd at 11:00 am and is scheduled to close on Thursday, November 4th 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: 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 $75,000 made payable to “Mark S. Tulis, as 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.  Please download the complete Bidding Procedures.

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Mark S. Tulis, 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
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.