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Bronx Building Sells for $15,150,000 in Under Ten Minutes

(Central Islip, NY) February 19, 2015 – On February 12, 2015, in the ballroom of the bustling LaGuardia Airport Marriott Hotel, in East Elmhurst, New York, more than one hundred registered bidders attended Maltz Auctions’ multi-property auction event.

The highlight of the event was a 63,000 square-foot mixed-use corner building at the intersection of Southern Boulevard and Westchester Avenue in Bronx, NY. After highly spirited bidding, the property ultimately sold for $15,150,000.

This auction also included twenty additional properties located within the Bronx, Brooklyn as well as on Long Island, which sold for $50,000-$800,000 each.

Maltz is currently accepting consignments from motivated sellers and fiduciaries for April and May multi-property events. To learn more about future opportunities, visit MaltzAuctions.com.

About Maltz Auctions

Maltz Auctions is a premier, full-service auction company specializing in creating liquidity through the auction method of marketing. Now a $100+ million company with an impeccable reputation for professionalism, integrity and success, Maltz Auctions has conducted thousands of auctions on behalf of such clients as the U.S Bankruptcy Courts and financial institutions throughout the country, the U.S. Department of Justice, Internal Revenue Service, Small Business Administration, as well as law firms, private individuals and corporations, nationwide. The 35-year-old firm is nationally recognized as a trusted name in excellence and achievement.