Winning bids total 40% above minimum in Queens

85-10 Park Lane South, Woodhaven

The estate auction of ultimately 14 properties on Tuesday produced $5.83 million in winning bids, according to Queens Public Administrator Lois Rosenblatt.

The total was 40 percent higher than the collective $3.772 million minimum.

Although Rosenblatt’s office has told me that the public administrator typically sets minimum bids at 25 percent above appraised values, some of the properties obviously went for considerably more.

The results seem to suggest a trend of rising interest in Queens residences that was detectable in Rosenblatt’s previous event.

A Corona house that was owned by one George Williams actually was hammered down for more than twice its upset price — $658,000 versus $314,000.  The photo below seems to indicate commercial potential; the building is subject to tenancy.

Minimum prices range from $83,000 for a one-bedroom co-op in Jackson Heights to $724,000 for a two-story house in Forest Hills.

At 77-27 Kew Forest Lane, that house is a structure sold “subject to tenancy.”  Its owner was one Stephen Nedeicu, and the winning bid reached $830,000.

One of the apartments on the block was a 499-sf Manhattan studio at 101 W. 12th St., which had an upset price of $330,000.  It went for $385,000.

A surprising number of houses and apartments — 10 of them — were withdrawn prior to the sale without explanation, as is standard.

Below are the properties that were scheduled for auction along with the results and any available photographs:

Picture Estate Name Address Win/Upset Price
Rhoda J. Deane 99-11 60th Ave., Apt. 2B
Corona
see details
$110,000/98,000
Neal Garfinkle 60-54 Little Neck Pkwy., Apt. B71
Little Neck
see details
$190,000/120,000
Concetta Genova 33-24 91st St., Apt. 3T
Jackson Heights
see details
$106,000/98,000
Dilipkumar Gandhi 69-10 108th St., Apt. 5G
Forest Hills
see details
$205,000/150,000
Helen C. Harvey 35-49 83rd St., Apt. 1H
Jackson Heights
see details
$100,000/100,000
Eleanor Koenig 33-44 93rd St., Apt. 5X
Jackson Heights
see details
$130,000/83,000
Adele Schlanger 82-28 229th St.,Apt. 28-11
Bellerose Manor
see details
$119,000/118,000
Emil Salamon and Jan Kutlak 101 West 12th St., Apt. 12X
New York
see details
$385,000/330,000
Janina Andrzejczyk 85-04 Park Lane South
Woodhaven
see details
$800,000/525,000
Janina Andrzejczyk 85-10 Park Lane South
Woodhaven
see details
$620,000/413,000
Warren Berger 164-20 73rd Avenue
Flushing
see details
Withdrawn/$296,000
Carlotta Branch 26-51 94th St.
East Elmhurst
see details
Withdrawn/$313,000
James Burbige 133-31 118th St.
South Ozone Park
see details
Withdrawn/$263,000
Michael Cerreta 235-37 148th Rd.
Rosedale
see details
Withdrawn/$233,000
Charles Crudup 145-19 Guy R. Brewer Blvd.
Jamaica
see details
$200,000/200,000
Dorothy SarahLouise Lee 194-16 115th Dr.
St. Albans
see details
Withdrawn/$251,000
Dillard Matthews 187-17 119th Dr.
St. Albans
see details
Withdrawn/$219,000
Stephen Nedelcu 77-27 Kew Forest Lane
Forest Hills
see details
$830,000/724,000
Joseph Pfaff 67-42 167th St.
Fresh Meadows
see details
Withdrawn/$450,000
Ruth Roeya/k/a Rory 154-11 & 154-13 107th Ave.
Jamaica
see details
Withdrawn/$120,000
Lester Stewart 194-47 112th Rd.
St. Albans
see details
Withdrawn/$278,000
Cleo Johnson Taft 23-34 101st St.
East Elmhurst
see details
Withdrawn/$350,000
Naomi Ware 209-39 45th Dr.
Bayside
see details
$830,000/499,000
George Williams 109-14 Northern Blvd.
Corona
see details
$658,000/314,000

The public administrator’s final estate auction in Queens this year is planned for Dec. 13.

Another estate auction is to be conducted for 10 Manhattan properties on Sept. 27, and I plan to cover that one in person and report the results on Twitter and this blog.

And if foreclosure auctions are your thing, a commercial firm will put on the block five properties in New York City and 40 more in the suburbs as well as in areas as far away as Hartford, Conn. on Sept. 25

Tomorrow: Some offers don’t merit a response

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Malcolm Carter
Licensed Associate Real Estate Broker
Senior Vice President
Charles Rutenberg Realty
127 E. 56th Street
New York, NY 10022

M: 347-886-0248
F: 347-438-3201

Malcolm@ServiceYouCanTrust.com
Web site

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