1,600+ SQ FT MULTI-UNIT BLDG

Auction by: Maltz Auctions

Live Off-Site Auction

Begins: Thursday, June 06, 2019 at 2:00 PM EDT

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

Details

Click on any image to view larger.

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

In Re: Joseph Antonakos – Case # 16-42935 (ESS)

1,600+ Sq Ft Retail/Office Building

Details:

  • 97-04 101st Avenue, Ozone Park, Queens, NY 11416
  • 1,650 Sq Ft Retail Building + Full Basement
  • Currently Configured as 2-Retail/Office Spaces
  • Previously Utilized as Medical/Office Space
  • Ground Level:
  • Currently in a Gutted State
  • Previously Utilized as a Medical Office
  • Half Bath
  • Basement Access via Stairwell
  • Second Floor:
  • Currently Utilized as Office Space
  • Half Bath
  • 3 Offices
  • Reception Area
  • Basement:
  • Accessible Through Ground Level Unit:
  • Partially Finished
  • Utilities
  • Plumbing in Place for Bathroom
  • Finished Storage Room
  • Additional Information:
  • Borough: Queens; Block: 9104;  Lot: 2
  • R6B Zoning with C2-3 Overlay
  • Lot Size: 1,513 Sq Ft (15′ x 100.83′)
  • Fuel: Oil/Gas
  • Heated by Oil
  • Standalone Gas Fired Hot Water Tank
  • 2 Electric Meters
  • 1 Gas Meter (Slot Open for Additional Meter)
  • Built in 1920
  • Annual Real Estate Taxes: $9,746
  • Currently Partially Occupied & Delivered Vacant at Closing (Purchaser May Elect to Retain Existing Tenant)
  • $175,000 Suggested Opening Bid


Inspections/Viewings: Wednesday, May 29th & Monday, June 3rd from 3:00 pm – 5:00 pm.

Auction Date & Time: Thursday, June 6, 2019 at 2:00 pm.  Registration commences at 1:00 pm.

Auction Location: LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369.

Terms & Conditions of Sale: Property will be 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 $25,000 made payable to “Goldberg Weprin Finkel Goldstein LLP as Attorney”. Please download the complete Terms and Conditions of Sale. 

Buyer’s Premium: A six (6%) percent 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.

 

Goldberg Weprin Finkel Goldstein, LLP, Attorneys for the Chapter 11 Debtor & Debtor-In-Possession
 Richard B. Maltz, Auctioneer DCA# 1240836
 David A. Constantino, Auctioneer DCA# 1424944
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 Debtor, the Attorney for the Debtor 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 Debtor, the Attorney for the Debtor, 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.

AuctionServices