Queens auction nets $4.4 million in winning bids

The winning bid for this house on 176th St. In Jamaica went $92,000 over the minimum of $158,000.

With six properties withdrawn prior to the sale, an estate auction conducted today by Queens Public Administrator Lois Rosenblatt produced income for the city totaling $4.405 million.

That sum was $797,000 greater than the minimums for all the remaining apartments and houses, exceeding the total by 22 percent.

The highest bid was for a Brooklyn multifamily building, which had a $604,000 minimum and which went down for $903,000.  Four of the properties sold for exactly their upset price, suggesting bargains for the successful bidders.

Among the properties withdrawn was a Long Island City house that had the second highest minimum, $581,000.

Minimum prices ranged from $78,000 for a one-bedroom co-op in Jackson Heights to $604,000 for that apartment building in the Bedford-Stuyvesant neighborhood of Brooklyn.

Below are the properties that were scheduled for auction with, in order, the estate name, address, upset (i.e. minimum) price and winning bid:

Dilipkumar Gandhi
69-10 108th St.,Apt. 5G
Forest Hills, NY 11375
$150,000/176,000

Neal Garfinkle
60-54 Little Neck Parkway, Bldg 3, Apt. B71
Little Neck, NY 11362
$120,000/190,000

Concetta Genova
33-24 91st St., Apt. 3T
Jackson Heights, NY 11372
$78,000/93,000

Eleanor Koenig
33-44 93rd St., Apt. 5X
Jackson Heights, NY 11372
$83,000/83,000

Agnes Williams
33-45 94th St., Apt. 2H
Jackson Heights, NY 11372
$98,000/139,000

James Burbige
133-31 118th St.
So. Ozone Park, NY 11420
$263,000/284,000

Carlo Cerreta
255-14 Francis Lewis Blvd.
Rosedale, NY 11422
$218,000/218,000

William A. Clarke
83-10 63rd Ave.
Middle Village, NY 11379
$413,000/withdrawn

William A. Clarke
25 High St.
Staten Island, NY 10305
$210,000/220,000

Carmen Cuestas
168-12 115th Ave.
jamaica, NY 11434
$200,000/202,000

Bertram Davis
255 Van Buren St.
Brooklyn, NY 11221
$604,000/903,000

Addie Harris
121-31 199th St.
Springfield Gardens, NY 11413
$251,000/310,000

Sallie Mae Jenkins
109-03 176th St.
Jamaica, NY 11433
$158,000/250,000

Violet Josephs
24-44 98th St.
East Elmhurst, NY 11369
$340,000/withdrawn

Dorothy Lee
194-16 115th Dr.
St. Albans, NY 11412
$251,000/251,000

Leon Mack
116-04 205th St.
St. Albans, NY 11412
$169,000/201,000

Dillard Matthews
187-17 119th Dr.
St. Albans, NY 11412
$219,000/withdrawn

Edward E. Ridley
190-04 104th Ave.
Hollis, NY 11412
$158,000/288,000

Lester Stewart
194-47 112th Rd.
St. Albans, NY 11412
$278,000/278,000

Cleo Johnson Taft
23-34 101st St.
East Elmhurst, NY 11369
$350,000/wihdrawn

Anna Verde
23-31 37th St.
Long Island City, NY 11105
$581,000/withdrawn

Franz Vormittag
15-32 125th St.
College Point, NY 11356
$319,000/319,000

Emmett Wright
112-19 179th St.
Jamaica, NY 11433
$320,000/withdrawn

Minimum bids were set by Rosenblatt at 25 percent below the appraised value.

The auction took place in Room 62 of 88-11 Sutphin Blvd. in Jamaica.

Tomorrow: Don’t miss out.  And Monday, start of holidays hiatus

To take your own bite out of the Big Apple, search for your new home here.

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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
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