Auction Information
Online Bidding Site0.64 Acres in Yonkers, NY
Immediate Sale Ordered via Public Auction
4 VACANT RESIDENTIAL LOTS: (3) 50' x 100' Lots / (1) 100' x 135' Lot
Live Off-Site Auction
* Begins: Thursday, November 15, 2012 at 11:00 AM EST
* Location: Four Points Sheraton Hotel, 333 South Service Road, Plainview, NY 11803
* Registration begins at 10:00 am.
* Inspection/Viewing: Vacant Land - Inspect Freely.
Development Opportunity
Details:
* 106-122 Bruce Avenue, Yonkers, NY 10705
* (4) Vacant Residential Lots
* Located in Rockledge Heights Section
* Section: 1 Block: 33 Lots: 70, 75, 77 & 79
106 Bruce Avenue:
* Section: 1 Block: 33 Lot: 79
* Lot Size: 5,000 Sq Ft (.11 Acres)
* Lot Dimensions: 50' x 100'
* Zoning Code: T
* Property Class: 311
* Site: RES 1
* Full Market Value as Assessed (2013): $83,582.00
* Annual Real Estate Taxes: $1,965.66 (City)
110 Bruce Avenue:
* Section: 1 Block: 33 Lot: 77
* Lo...
* Lot Size: 5,000 Sq Ft (.11 Acres)
* Lot Dimensions: 50' x 100'
* Zoning Code: T
* Property Class: 311
* Site: RES 1
* Full Market Value as Assessed (2013): $83,582.00
* Annual Real Estate Taxes: $1,965.66 (City)
114 Bruce Avenue:
* Section: 1 Block: 33 Lot: 75
* Lot Size: 5,000 Sq Ft (.11 Acres)
* Lot Dimensions: 50' x 100'
* Zoning Code: T
* Property Class: 311
* Site: RES 1
* Full Market Value as Assessed (2013): $83,582.00
* Annual Real Estate Taxes: $1,965.66 (City)
122 Bruce Avenue:
* Section: 1 Block: 33 Lot: 70
* Lot Size: 13,500 Sq Ft (.31 Acres)
* Lot Dimensions: 135' x 100'
* Zoning Code: S 50
* Property Class: 311
* Site: RES 1
* Potential for Zoning Variance to Build (2) Single Family Homes
* Full Market Value as Assessed (2013): $199,403.00
* Annual Real Estate Taxes: $4,684.90 (City)
Additional Information:
* Surrounded by Multi-Family Buildings - Variance Potential
* Total Market Value as Assessed (2013): $450,149
* $45,000 Opening Bid (90% OFF)
Terms & Conditions of Sale: Property will be sold free and clear of all liens, claims & encumbrances. In order to register to bid, all prospective bidders must present a certified check in the amount of $15,000 made payable to "David R. Maltz & Co., Inc.". Closing must occur within 45 days after the auction. Successful Bidder shall be granted a 30-day extension to close if he/she posts an additional non-refundable 10% deposit. Subject to sale prior to auction as pre-auction offers will be considered. Please download the complete Terms and Conditions of Sale.
Buyer's Premium: A ten percent (10%) 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.
Buyer Broker Participation: A two percent (2%) 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.
David R. Maltz, Auctioneer DCA# 762794
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
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David R Maltz & Co, Inc.
Plainview, NY