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Two Multi-Million Dollar Properties Sell After Lingering on the Market for Years

Properties Generate More than 200 Inquiries from Potential Bidders (Central Islip, NY – December 23, 2014) – Maltz Auctions, a premier full-service auction company serving the New York metropolitan region, announced today that it has completed two highly successful auctions on redevelopment sites in Connecticut that offer multiple business opportunities for the buyers. One property, … Continued

Kings Point Estate Sells at Auction for $3.18 Million

An exclusive waterfront property located in Kings Point that went on auction last week was sold for $3.18 million. The opening bid was $2.1 million on the 40,000- square-foot lot with a 3,700-square-foot, seven-bedroom, 2.5-bath contemporary-style home. The property features a 395-foot frontage on Manhasset Bay.  The home also has a 14-foot elevation and an … Continued

Hampton’s & Manhattan Luxury Homes Fetch $8,000,000

David R. Maltz & Co., Inc., recently sold two luxury properties at auction for nearly $8,000,000.  The first is a 3,700 sq ft home on one acre in Sagaponack, a highly desirable location within the Hampton’s vacation market.  Open houses were attended by over 100 groups of potential bidders and after highly spirited bidding the … Continued

$25,000,000+ in Summer Sales Despite Traditional Summer Months Slowdown

Plainview, NY  August 24, 2012 – The Summer of 2012 proved to be quite successful as the team at David R. Maltz & Co., Inc. conducted over 35 auctions on behalf of such clients as the U.S. bankruptcy courts, state taxation authorities, financial institutions, public companies, and private sellers. In a few months span, the firm auctioned realized in … Continued

Jersey City, NJ Building Sells for $16,700,000

David R. Maltz & Co., Inc. recently sold at Public Auction a 53,000 Sq Ft mixed-use building in Jersey City, NJ raising $16,700,000 for the estate. With only 45 days from retention to auction, Maltz assembled a four member team to focus on the sale of this building. Through the implementation of a highly effective … Continued

21 KFC Franchises/Leaseholds Sell for $5,500,000

Plainview, NY  November 2, 2011 – David R. Maltz & Co., Inc., Auctioneers recently sold 21 KFC franchises/leasehold interests located throughout Brooklyn, Queens, Manhattan and Nassau counties for $5,500,000. After lingering on the market for over 6 months, Maltz was retained to create a much needed sense of urgency and expedite the sale of the … Continued