Queens auction produces $3M in winning bids

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With three of 11 properties withdrawn, the estate auction of ultimately one co-op and seven houses in Queens netted $2.944 million for the city today.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:

Estate Name Address Upset Price/Result
Madeleine Burton  

37-45 84th St., Apt. 41
Jackson Heights,
see details

$175,000/withdrawn
Alan I. Gotlieb  

90-11 Northern Blvd., Apt. 211
Jackson Heights
see details

$175,000/100,000
Antoinette Rogers  

114-28 179th St.
St. Albans, NY 11434
see details

$200,000/315,000
Carol/Lorena Austin  

114-16 210th St.
Cambria Heights
see details

$158,000/238,000
Marian Cummings  

37-38 58th St.
Woodside
see details

$285,000/531,000
Bernard Long, Shirley   Pinckney  

107-31 156th St.
Jamaica
see details

$205,000/withdrawn
Vivianne McFarland  

94-15 85th Ave.
Woodhaven
see details

$295,000/402,000
Vivian Rutledge  

119-35 Inwood St.
Jamaica
see details

$158,000/216,000
Juana Silhy  

34-44 33rd St.
Long Island City
see details

$600,000/1,022,000
Essie Pearson  

167-05 118th Avenue
Rochdale, NY 11434
see details

$120,000/120,000
Joseph A. Stuart

 

 

225-30 Mentone Ave.
Laurelton, NY 11413
see details

$306,000/Withdrawn

The auction took place late this morning in Jamaica.

I wasn’t able to attend or to call the public administrator during office hours, so I am mystified by the one winning bid, which was for the lone apartment in the sale, below the advertised upset price.

As for the apartment and houses withdrawn prior to the sale, that is a routine occurrence.

Tomorrow: It takes 3 kinds

To take your own bite out of the Big Apple, you have the option here to search all available properties privately.

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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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