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4 BR Home Near Water
Bankruptcy Auction

small private home up for sale at Maltz Auctions in New York City, New York
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Auction

September 17, 2015 at 11:00 am

2015-09-17 11:00AM

Property Location

526 Wateriew Drive
Cedarhurst, NY 11516

Auction Location

NY LaGuardia Airport Marriott
102-05 Ditmars Boulevard
East Elmhurst, NY 11369

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Details

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

In Re: Alfred Cherry Jr., and Selina L. Cherry · Case # 14-72891-LAS

4 Bedroom Home Near Water – Needs TLC
Across from North Woodmere Golf Course

Details:

  • 526 Waterview Drive, Cedarhurst, NY 11516 a/k/a 526 10th Street, Cedarhurst, NY 11516
  • 2,919 Sq Ft Split Ranch
  • 6,000 Sq Ft Lot
  • 4 Bedrooms
  • 2.5 Bathrooms
  • 1st Floor:
    • Entry
    • Dining Room
    • Kitchen
    • 1/2 Bath
    • Den w/Fireplace
    • Laundry
  • 2nd Floor:
    • Living Room w/Skylights
  • 3rd Floor
    • Master Bedroom w/Full Bath & Jacuzzi Tub
    • 3 Bedrooms
    • Full Bathroom
  • Additional Information:
  • Hardwood & Tile Floors
  • Partial Basement
  • Gas-Fired Heat System
  • Separate Hot Water
  • Central Air Conditioning
  • Inground Sprinklers
  • 2-Car Garage
  • Rear Deck
  • Deck-Level In-Ground Pool
  • Built in 1970
  • Basement flooded during Hurricane Sandy. Water level appears to have made contact with lowest levels of living space.
  • Lawrence School District #15
  • Annual Real Estate Taxes (2015): $13,536.68
  • Section: 39   Block: 290   Lot: 46
  • Currently Vacant & Delivered Vacant at Closing

Inspections/Viewings: Wednesdays, September 2nd & 9th from 4:00 pm – 6:00 pm.

Auction Date & Time:  Thursday, September 17th at 11:00 am.  Registration begins at 10:00 am.

Auction Location:  NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369.  Online & absentee bidding available with registration at least 48 business hours prior to auction, please call for details.

Terms & Conditions of Sale: Property will be sold free & clear of all liens, claims & encumbrances. In order to register to bid, all prospective bidders must present a bank check in the amount of $45,000 made payable to “Richard L. Stern, as Trustee”.  Please download the complete Bidding Procedures.

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Richard L. Stern, Esq., Chapter 7 Trustee
LaMonica Herbst & Maniscalco, LLP, Attorneys for the Chapter 7 Trustee
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.