5 BR & 3 BA HOME

Auction by: Maltz Auctions

Live Off-Site Auction

Began: Thursday, June 20, 2019 at 11:00 AM EDT

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

Details

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

In Re: AMBA Group LLC – Case No. 18-76689-reg

Single Family Home

5 Bedrooms & 3 Baths

AUCTION CANCELLED – WE APOLOGIZE FOR THE INCONVENIENCE

Details:

  • 956 North 3rd Street, New Hyde Park, NY 11040
  • Cape Style 1,326 Sq Ft House + Full & Finished Basement
  • 5 Bedrooms
  • 3 Full Bathrooms
  • Detached Garage
  • 1 Mile to LIRR New Hyde Park Station 11 Miles to JFK Airport (30-35 Minutes to Penn Station)
  • 13 Miles to LaGuardia Airport
  • 16 Miles to Manhattan via I-495
  • First Floor:
  •   Family Room
  •   Bedroom
  •   Full Bath
  •   Living Room
  • Second Floor:
  •   3 Bedrooms
  •   Full Bath
  • Basement
  •   Kitchen
  •   Dining Room
  •   Full Bathroom
  •   Bedroom
  • Additional Information:
  • Section: 8  Block: 14  Lot: 83
  • Lot Dimensions: 60′ x 100′ (.1377 Acre)
  • School District # 5 (New Hyde Park/Garden City Park)
  • Gas-Fired Hot Water Heating
  • Separate Hot Water Heater
  • Year Built: 1940
  • Annual Real Estate Taxes (2019): $12,883   
  • 2020-2021 Hypothetical Taxes without Transitional Cap: $11,085.87
  • Currently Occupied and Delivered Vacant at Closing


Inspection/Viewing: Mondays, June 10th & 17th from 4:00 pm – 6:00 pm.

Auction Date & Time:  AUCTION CANCELLED.

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

Terms & Conditions of Sale: Property will be sold free & clear of all liens, claims and encumbrances.  In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $45,000 made payable to “Allan B. Mendelsohn, Esq., Chapter 7 Trustee”.  Please download the complete Terms and Conditions of Sale.

 

Allan B. Mendelsohn, Esq., Chapter 7 Trustee
Rosen & Kantrow, 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
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 Trustee 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 Trustee, 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.

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