BANKRUPTCY AUCTION SALE - This property is a 2,500 square foot lot with a zoning designation of C1-4 or R6B. The max FAR is 2.0 meaning the maximum development opportunity this property presents is 5,000 square feet.
This property will be sold via auction on Thursday, April 20 2017 @ 10:00 a.m. The minimum / opening bid for the property is $550,000. The auction sale will be held at the U.S. Bankruptcy Court, Eastern District of New York, 271 Cadman Plaza East, Room 3554, Brooklyn, NY 11201. A deposit in the amount of $55,000 in the form of a bank check made payable to "Robert L. Geltzer as Trustee" is a requirement for bidding.
The property will be sold free and clear of any and all liens and sold in an "as-is, where-is" condition.
Please contact broker/auctioneer for Terms and Conditions of Sale.
This property is located on 37th Avenue between 99th Street and 100th Street in the Corona section of Queens, New York City, NY.
