Auction by: Maltz Auctions

Live Off-Site Auction

Began: Wednesday, September 25, 2019 at 11:00 AM EDT

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


Click on any image to view larger.

Bankruptcy Auction – United States Bankruptcy Court Southern District of New York
In Re: Yu Pin Khoo – Case No.
19-10199 (MKV)

2 BR Condominium – Full-Service Building


Boutique Loft Conversion in Greenwich Village




  • 18 East 12th Street, Unit 2D, Greenwich Village, Manhattan, NY 10003
  • 1,277 Gross Sq Ft
  • 4 Rooms 
  • 2 Bedrooms (Current Layout)
  • 1.5 Bathrooms
  • Living Room
  • Dining Area
  • Open Kitchen
  • Hardwood Floors
  • High Ceilings
  • Building Details:
  • 24-Hour Doorman
  • Live-In Super
  • Roof Deck
  • Laundry Facilities on Each Floor (Free)
  • Pied-a-Terre Permitted
  • Rental Permitted
  • Elevator Building
  • 12-Stories, 37 Units
  • Built in 1910
  • Spectacular Location:
  • Surrounded by Stellar Retail (Supermarkets, Restaurants, Fitness Centers, Banks & More)
  • 2 Blocks to Union Square Park
  • 6 Blocks to Washington Square Park
  • 2 Blocks to PATH Train & 4, 5, 6, L, N, Q, R, W Subway Lines
  • Additional Information:  
  • Borough: Manhattan; Block: 569; Lot: 1131
  • Annual Real Estate Taxes (2019/20): $11,105.28 – (Includes Abatement in the amount of $2,355.68)
  • Monthly Common Charges: $1,639.50
  • Currently Occupied and Delivered Vacant at Closing


Inspection/Viewing: Mondays, September 16th & 23rd from 4:00 pm – 6:00 pm.

Auction Date & Time:  Wednesday, September 25, 2019 at 11:00 am.  Registration begins at 9:30 am.

Auction Location:  NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369.  Absentee bidding available with registration at least 5 business days prior to the auction, please call for details. 

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 $130,000 made payable to “Alan Nisselson, as Chapter 7 Trustee”.  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

Broker Participation: A two (2%) percent 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.



Alan Nisselson, Chapter 7 Trustee
Windels Marx Lane & Mittendorf LLP, 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, the Attorney for 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, the Attorney for 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.