skip to main content

1 BR Co-Op
Bankruptcy Auction

Private apartment complex in New York City
Login or sign up to follow this auction. Bidding Info Bid

Online Bidding

Starts:
September 27, 2021 at 11:00 am

Ends:
September 29, 2021 at 11:00 am
2021-09-29 11:00AM

Property Location

83-25 98th Street, Unit 2D
Woodhaven, Queens, NY 11421

Bid

Photo Gallery

Details

Bankruptcy Auction – United States Bankruptcy Court Eastern District of New York
In Re: Salvatore Naimo & Jocinthia C. Naimo aka Jocinthia C. Alexander-Naimo – Case No. 20-73386-LAS

1 Bedroom Cooperative Apartment

  • 83-25 98th Street, Unit 2D, Woodhaven, Queens, NY 11421
  • Within Forest Park Cooperative
  • 697 Sq Ft Unit
  • 1 Bedroom & 1 Full Bathroom
  • Kitchen
  • Living Room
  • Elevator Building
  • Buzzer & Intercom System
  • Parking Garage: $35 per Month (Currently a 10 Year Wait)
  • Storage: $24 Per Month
  • Bicycle Storage Room
  • Live-in Super
  • 6 Blocks to Woodhaven Blvd. MTA Subway Station (J & Z Lines)
  • Adjacent to 500+ Acre Forest Park
    • Hiking, Horse and Bike Trails, Ponds, Basketball Courts, Baseball Diamonds, Soccer Fields, Tennis Courts, 18-Hole Golf Course, Volley Ball, Bocce Ball, Hand Ball, Track, Skate Park, Carousel, Dog Run, Model Aircraft Field, Free Summer Concerts, Barbecue/Picnic Grounds and more
  • Additional Information:
  • 40 Shares of Common Stock
  • 390 Units in Development
  • Year Built: 1954
  • Monthly Common Charges: $387.59 (Includes Heat, Water, Electric and Cooking Gas & Taxes)

ONLINE-ONLY BIDDING – CLICK HERE FOR ONLINE BIDDING

Bidding is available by computer or download of the Maltz Auctions App on the App Store or Google Play


Viewings: Thursday, September 23rd and Monday, September 27th.  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 $20,000 deposit to be approved for bidding.

Auction Date: Online-Only Bidding will open Monday, September 27, 2021 at 11:00 am and is scheduled to close on Wednesday, September 29, 2021 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 $20,000 made payable to “Andrew M. Thaler, as 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.

Icon of paper documents.

Documents

You must be logged in to view Documents.

Have Questions? Get In Touch

You must be logged in to send an Auction Inquiry.

Maltz Logo

Andrew M. Thaler, Esq., Chapter 7 Trustee
Thaler Law Firm PLLC, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
Richard B. Maltz, Licensed Real Estate Broker

The 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 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 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 Property in making their bids. Neither Maltz, the seller, nor any of their collective representatives makes any representations or warranties with respect to the permissible uses of the Property including, but not limited to, the zoning of the Property.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Property and are not relying on any information provided by Maltz, the seller or their professionals.  The 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.