29-25 Ericcson St., East Elmhurst, went for $510,000 on Wednesday.
At Wednesday’s auction by Queens Public Adminstrator Linda M. Rosenblatt, successful bids on 10 properties totaled $2.957 million. Three other properties were withdrawn prior to the estate sale.
Here are the results: (more…)
This unit at 401 E. 60th St. is a floor below one to be auctioned and may be slightly smaller.
A condo in the Lenox Hill neighborhood will be offered with a minimum bid of $1.2 million at the first city auction of Manhattan properties since June.
Public Administrator Ethel J. Griffin scheduled the sale of 13 properties from the Lower East Side to Inwood for March 21. Minimum bids range from $45,000 for an income-limited studio in Harlem to the East Side condo’s $1.2 million.
The estate of one Ronald Cohen, the four-room unit 24C in Bridge Tower Place, a full-service 1999 building at 401 E. 60th St., is advertised as having 1,130 square feet with common charges of $1,400 monthly and annual taxes of $21,000. Active listings in the building average (more…)
The bankruptcy saga of the Upper West Side brownstone, right, finally seems to be coming to an end.
The 11-unit townhouse at 313 W. 77th St. went on the market in September of 2011 at an asking price of $3.995 million. It has languished since then.
Still, the 5,898-sf brownstone between West End Avenue and Riverside Drive is bound to fetch more than that at a bankruptcy auction.
Bankruptcy trustee Albert Togut of the Togut, Segal & Segal law firm previously entered into a contract to sell the building for $3.75 million with a tenant who has agreed to move out if an offer of at least $4.5 million is made to purchase the place vacant.
Consequently, any successful bidder below $4.5 million would have a doozy of a time (more…)
Number of Manhattan properties under contract soars, inventory plummets during 2012
Astronaut resists aiming for moon in putting Los Angeles condo on the market
Former baseball star lists sprawling Beverly Hills estate for $25 million
Actors who split in 2011 finally selling their UES triplex, for $9.25 million
TV judge lists Midtown pied-à-terre for $9 million — yes, for a pied-à-terre!
Estate of acerbic intellectual sells Chelsea penthouse to seven-time Emmy winner
Filmmaker offers Greenwich Village co-op for sale but plans no move to North Dakota
This Long Island City house fetched the highest price among eight properties at auction.
With three of 11 properties withdrawn, the estate auction of ultimately one co-op and seven houses in Queens netted $2.944 million for the city today.
The total topped the collective minimum price of $1.991 million by nearly $1 million. The gain amounted to 48 percent more than the sum of what Queens Public Administrator Lois Rosenblatt terms the “upset price.”
Properties on the block ranged in price between $120,000 and $600,000 in neighborhoods including Long Island City, Jamaica and Jackson Heights.
Below are the results: (more…)
2343 60th St., Brooklyn, is on auction block. (Source: Kings County Public Administrator)
Ten Brooklyn houses are to be auctioned on Dec. 18 by King’s County Public Administrator Bruce Stein. It is the first such estate auction by the city in that borough since last June.
The properties, which were owned by individuals who died without wills, have minimum bids ranging from $175,000 to $890,000.
At 51 Havermeyer St., a three-family attached row house is the property with the highest opening bid. With 3,525 square feet of living area and annual taxes of $3,910, the brick house was owned John Krantz.
Also on the block (more…)
This house in Long Island City requires the highest minimum bid, $600,000.
The estate auction of two co-ops and eight houses in Queens is to take place on Dec. 12.
Queens Public Administrator Lois Rosenblatt scheduled the auction of properties ranging in price between $100,000 and $600,000 in neighborhoods including Long Island City, Jamaica and Jackson Heights.
Below are the residences headed for the auction block, (more…)
Brownstones increasingly go mod
Causing 15 percent increase in materials and monopolizing workers, Sandy raises construction costs
Buyers of lower Manhattan apartments so far unmoved by storm
Rents continue to climb as vacancies reach 32-month high, and biggest October increases hit smaller units
Report suggests that multiple bids for renovations may encourage homeowners to overpay
And don’t expect financing for renovations to be a breeze
Five brokers investigated on complaints that they demanded extra fees from HIV renters
Region remains least-affordable major housing market in nation
Foreclosure filings surge in metro area, more than anywhere else
With her Georgia home foreclosed, she has reason to sing the blues
Those co-op boards are at it again — and again – even against their own
Feng shui consultant busy in Manhattan
New condos post 16.7 percent price rise over a year ago
For first time, a New York neighborhood climbs to top of Forbes list of most expensive zip codes
Commercial real estate sector poised for 2013 recovery, moving up to second-best city for investment
The winning bid for this East Elmhurst house went way over the upset price of $488,000. (Source: Queens public administrator)
Winning bids at Wednesday’s estate auction of eight houses and three co-ops totaled $4.135 million, 28 percent more than the $3.201 million sum of the minimum prices set by Queens Public Administrator Lois Rosenblatt.
The East Elmhurst property shown above was the standout: It reached $740,000 vs. the upset price of $488,000.
Minimum (upset) prices are set by Rosenblatt at 25 percent below the appraised value.
Included in the auction were properties in Brooklyn, Bellerose and Flushing.
Below are the properties that were offered with winning bids in boldface following the upset prices: (more…)
