Queens administrator auction reaps $4.9 million

Note: I’ll be taking a little time off, so there will be fewer posts next week.

The city’s estate auction of 15 Queens properties by owners who died without leaving a will garnered $4.854 million in winning bids for an even dozen apartments and single-family homes on Wednesday.

Three of the properties were withdrawn before the sale, and none of the remaining ones failed to find a buyer.

So. Ozone Park house sold for way more than the minimum.

According to results from Queens Public Administrator Lois Rosenblatt, the highest amount went for a Bayside house with a minimum bid of $536,000; the winning number was $735,000.  The lowest was for a Corona apartment that sold for the minimum of $79,000.

A house, on 135th Pl. in So. Ozone Park, fetched $485,000, an impressive 73 percent more than the upset price of $281,000.

Withdrawn from the auction were a house in Long Island City (which had been set for sale in December),  a Forest Hills apartment and an Astoria house.

Rosenblatt fixes minimum prices at 25 percent below the appraised value

Below are the properties with minimum prices and winning bids:

Estate Name Address  Min/Win
Sasson Gluska 147-04 72nd Ave.
Apt. 177B
Flushing
see details
$175,000/175,000
Carol Kregar 70-25 Yellowstone Blvd.
Apt. 21P
Forest Hills
see details 
$143,000/withdrawn
Ingrid Samuels 112-30 Northern Blvd.,
Apt. 5C
Corona
see details 
$79,000/79,000
William A.Clarke 83-10 63rd Ave.
Middle Village
see details
$412,000/525,000
Thomas
Cunningham
28-24 212th St.
Bayside
see details
$536,000/735,000
Emil Flores 23-35 35th St.
Astoria
see details 
$488,000/withdrawn
George
R. Jones, III
79-18 67th Rd.
Middle Village
see details 
$375,000/395,000
Caroline Joseph 124-19 135th Pl.
South Ozone Park
see details
$281,000/485,000
Vanda Lepore 69-34 75th St.
Middle Village
see details
$251,000/325,000
Helen Lloyd 76-15 162nd St.
Fresh Meadows
see details
$349,000/460,000
Donna Pitcock 84-56 86th Ave.
Woodhaven
see details
$337,000/385,000
Maude Reavis 46-45 Smart St.
Flushing
see details
$315,000/410,000
Charles Russ, Jr. 41-05 Roosevelt Ave.
Woodside
see details
$345,000/550,000
Conrad Selwood 89-47 208th St.
Queens Village
see details
$263,000/330,000
Anna Verde 23-31 37th St.
Long Island City
see details
$675,000/withdrawn

Tomorrow: Weekly Roundup (but no Roundup again until March 30)

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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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