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With six properties withdrawn prior to the sale, an estate auction conducted today by Queens Public Administrator Lois Rosenblatt produced income for the city totaling $4.405 million.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

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Public administrator schedules auction of 23 properties in Queens, Brooklyn, Staten Island

Multifamily building in Brooklyn with $604,000 minimum bid

An estate auction of a Brooklyn multifamily building, five apartments and 17 single-family houses will be conducted Dec. 13 starting at 11 a.m., according to an announcement by Queens Public Administrator Lois Rosenblatt.

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

Four of the properties Continue reading