HANDYMAN SPECIAL

Auction by: Maltz Auctions

Public Administrator Auction

Improved with Condemned Residential Bungalow

Live Off-Site Auction

Began: Thursday, March 15, 2018 at 11:00 AM EDT

Location: Auctioneer’s Gallery, 39 Windsor Place, Central Islip, NY 11722

Details

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Nassau County Public Administrator Directs Immediate Sale via Public Auction

In Re: The Estate of Joseph W. Honor

HANDYMAN SPECIAL/KNOCKDOWN

Improved with Condemned Bungalow

Details:

  • 3875 South Street, Seaford, NY 11783
  • Located in Nassau County within the Town of Hempstead
  • .145 Acre Residential Corner Lot (6,098 Sq Ft)
  • Walking Distance to Village Shops/Restaurants and .5 Miles to the Seaford-Oyster Bay Expressway
  • 5.5 Miles to Jones Beach State Park
  • Improved with an 858 Sq Ft Condemned Home that has Suffered Extensive Damage
  • Additional Information:
  • County: Nassau   Section: 65  Block: A   Lot: 588
  • School District #6 – Seaford
  • Fuel: Gas/Oil
  • Year Built: 1868 (Estimated)
  • Annual Real Estate Taxes: $9,525.95
  • Market Value as Assessed: $242,800
  • $120,000 Suggested Opening Bid

 

 

Inspections/Viewings: Interior Access Unavailable. 

Auction Date & Time: Thursday, March 15th, 2018 at 11:00 am.  Registration begins at 10:00 am.

Auction Location: Auctioneer’s Gallery, 39 Windsor Place, Central Islip, NY 11722.  Online & absentee bidding available with registration at least 48 business hours prior to the auction, please call for details. 

Terms & Conditions of Sale:  Property will be sold free & clear of all monetary liens.  In order to register to bid, all prospective bidders must present a certified check in the amount of $20,000 made payable to “Mahon, Mahon, Kerins & O’Brien, as Attorneys”.  Closing must occur within 30 days after the auction. Successful Bidder shall be granted a single 30-day extension to close if he/she posts an additional non-refundable 10% deposit.  Please download the complete Terms and Conditions of Sale. 

Buyer’s Premium: A three percent (3%) 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.

Buyer Broker Participation: A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

Financing: Maltz Auctions is pleased to announce a strategic alliance with Freedom Mortgage.  This will allow you to be pre-approved at no cost or obligation.  Freedom Mortgage offers various loans products with competitive financing to fit all buyers. Contact Brett Van Nostrand at (631)390-6374.

 

Jeffrey E. DeLuca, Nassau County Public Administrator
 Richard B. Maltz, Auctioneer DCA# 1240836
David Constantino, Auctioneer DCA# 1424944
 Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105 

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 warrantees 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.

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