David R. Maltz & Co., Inc., recently sold two luxury properties at auction for nearly $8,000,000.  The first is a 3,700 sq ft home on one acre in Sagaponack, a highly desirable location within the Hampton’s vacation market.  Open houses were attended by over 100 groups of potential bidders and after highly spirited bidding the home sold for $3,990,000.

The second property is a 3,000 sq ft condo in Yorkville, a quiet family neighborhood in Manhattan’s East side.   The auction was extremely well attended by over 20 registered bidders and the bidding ultimately stopped at $4,000,000.

The clients were pleased with results of both marketing campaigns which created an effective sense of urgency, bringing qualified buyers to the contract table.
David R. Maltz & Co., Inc., is the premier full service auction company specializing in creating liquidity through the auction method of marketing.  Since its inception more than 35 years ago, they have built a $100+ million a year corporation with an impeccable reputation for professionalism, integrity and success.  They have conducted thousands of auctions on behalf of clients such as the United States Bankruptcy Courts and Financial Institutions throughout the United States, The United States Department of Justice, The Internal Revenue Service, The United States Government Small Business Administration, Law Firms, Private Individuals and Corporations, nationwide. The firm is nationally recognized as a name in excellence and achievement.

Parties seeking additional information about David R. Maltz & Co., Inc.’s auction services may contact a professional team member at 516.349.7022, or visit their corporate website at www.MaltzAuctions.com.