
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:
Picture | Estate Name | Address | Price |
---|---|---|---|
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Louis Guglieri | 34-43 82nd St., Apt. 41 Jackson Heights see details |
$141,000/$162,000 |
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Pauline Lyons | 99-30 59th Ave., Apt. 1F Corona see details |
$74,000/$74,000 |
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Anna G. Scott | 32-42 89th St., Apt. C101 Jackson Heights see details |
$105,000/$163,000 |
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Leroy C. Davis | 31-17 98th St. East Elmhurst see details |
$469,000/$470,000 |
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Ralph Furst | 81-19 31st Ave. East Elmhurst see details |
$488,000/ $740,000 |
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Sheldon Green | 82-25 251st St. Bellerose see details |
$230,000/ $313,000 |
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Nadia Jimenez | 45-06 166th St. Flushing see details |
$460,000/ $535,000 |
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Maude Reavis | Vacant Land, Oswego County see details |
$82,000/ $280,000 |
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Vivian Rutledge | 119-35 Inwood St. Jamaica see details |
$158,000/ $226,000 |
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Franklin Shaw | 216-17 115th Terr. Cambria Heights see details |
$139,000/ $170,000 |
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Geneva Vincent | 23-55 94rd St. East Elmhurst see details |
$311,000/ $378,000 |
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Vincent Mastrantonio | 115-08 Poppenhusen Ave. College Point see details |
$285,000/$365,000 |
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John P. Collins | 1309 Schenectady Ave. Brooklyn |
$259,000/ $259,000 |
The sale was scheduled to take place at 11 a.m. in Room 62 of 88-11 Sutphin Blvd. in Jamaica, according to the administrator’s office, which told me the event was delayed “because we had some issues.” What they were was not explained.
Tomorrow: Short but not sweet
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Malcolm Carter
Licensed Associate Real Estate Broker
Senior Vice President
Charles Rutenberg Realty
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New York, NY 10022
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