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2 Prime Development Sites
Bankruptcy Auction

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Property Location

841 Old Country Road
Westbury, NY 11590

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Details

United States Bankruptcy Court Eastern District of New York

In Re: SAVVA’S RESTAURANT, INC., d/b/a HARVEST DINER  –  Case No.: 22-70382-reg

2 PRIME DEVELOPMENT SITES

35,000+ Sq Ft on Old County Road

Currently Accepting Offers

Sold in Bulk Only

Total Offering Details:

  • 841 Old Country Road, Westbury, NY 11590
  • Comprised of 4 Vacant Tax Lots
  • Site Previously Utilized as a Diner and PArking
  • Total Offering Size: 35,143 Sq Ft
  • Commercial Land Category
  • 34,000+ Combined Daily Traffic Count
  • Total Frontage on Old Country Road: 272′
  • Total Street Frontage Overall: 689′
  • Section: 10  Block: 233  Lots: 38 and 45
  • Section: 10  Block: 246  Lots: 26 and 30
  • Total Combined Annual Real Estate Tax: $68,767.81

Location Information:

  • .8 Miles to the Wantagh State Parkway
  • 2.5 Miles to Meadowbrook Parkway
  • 4 Miles to the Long Island Expressway
  • 7 Miles to Amazons New Syosset Facility
  • Notable National REtail within 1.5 Miles:
    • Bed Bath and Beyond, Burger Kind, Bloomingdales Outlet, Benihana, Best Buy, Chick-Fil-a, Costco, Courtyard By Marriott,  Dave And Busters, Fortuneoffs Backyard Store, Hilton Garden Inn, McDonald’s, Pizza Hut, Popeyes, Starbucks, Target, the Cheesecake Factory, TGI Fridays, Tim Hortons, T-Mobile, Walgreens, Walmart and more
  • Located 3 Miles From Roosevelt Field Mall (Click HEre for a List of Stores)

Individual Lot Details:

Section 10:  Block:  233  Lot: 38

  • a/k/a Lot’s 38 & 39
  • 4,000 Sq Ft Lot
  • Total Street Frontage: 40′
  • Land Category: Commercial
  • Annual Real estate Taxes: $1,575.01

Section 10:  Block:  233  Lot: 45

  • a/k/a Lot’s 45 & 46
  • 7,580 Sq Ft Lot
  • Total Street Frontage: 170.39′
  • Frontage on Old Country Road: 69.39′
  • Land Category: Commercial
  • Annual Real estate Taxes: $14,466.90

Section 10:  Block:  246  Lot: 26

  • a/k/a Lot’s 26 & 27
  • 4,000 Sq Ft Lot
  • Total Street Frontage: 40′
  • Land Category: Commercial
  • Annual Real estate Taxes: $1,575.01

Section 10:  Block:  233  Lot: 30

  • a/k/a Lot’s 30 & 31
  • 19,563 Sq Ft Lot
  • Total Street Frontage: 439′
  • Frontage on Old Country Road: 203′
  • Land Category: Commercial
  • Annual Real estate Taxes: $51,150.89

Terms & Conditions of Sale:  Property will be sold free and clear of all monetary liens.

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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Pryor & Mandelup, L.L.P, Attorneys for the Chapter 11 Debtor & Debtor in Possession
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 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.