Bidding tops minimum for Queens homes by 36%

Single-family home at 23-31 37th St., Long Island City, fetches highest price in public administrator’s auction, going way over its minimum.

The auction Wednesday of 15 apartments and single-family homes in an estate sale by Queens Public Administrator Lois Rosenblatt will add $6.012 million to the city’s coffers.

All of the properties remaining after three apartments were routinely withdrawn before the event, which was held in the State Supreme Court building in Jamaica, found buyers.

Proceeds exceeded by $1.6 million the total of $4.412 minimum prices set by the public administrator, or 36 percent.

Although a Long Island City house that had been withdrawn from previous sales twice received the highest winning bid, $935,000, a Woodside house that went for $315,000 registered the biggest percentage gain over the minimum.

The Long Island City property went for Continue reading

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Queens administrator to auction off 18 properties

2 South Country Rd., Westhampton

Queens Public Administrator Lois Rosenblatt has scheduled the estate auction of 13 houses and five co-operative apartments for June 13.

Included in the auction are properties in Little Neck, Westhampton and Monticello.

Minimum (upset) prices, which are set by Rosenblatt at 25 percent below the appraised value, range from $64,000 for an apartment in Jackson Heights to $675,000 for a house in Long Island City that was withdrawn prior to the administrator’s sales in December and March.

Below are the properties to be offered next month: Continue reading

Queens auction garners $4,796,000 for city coffers

This house in Woodside received the highest bid, $601,000, at an estate auction by the Queens County public administrator.

Although five of 21 apartments and houses at an estate auction held yesterday by Queens Public Administrator Lois M. Rosenblatt were withdrawn, every property on the block found a buyer.  Bids totaled $4.796,000.

With upset prices given first, here are the results: Continue reading

8 co-ops, 13 houses in Queens head to city auction

251-38 43rd Ave., Little Neck

The auction of 21 Queens co-ops and single-family homes is scheduled for Dec. 15.

Public Administrator Lois M. Rosenblatt has set upset prices ranging from $41,000 for a co-op in Jamaica to $453,000 for the single-family house in Little Neck shown at the top.  All the properties belong to the estates of owners who left no will.

Sorry for the slightly weird formatting (because of my limited knowledge of HTML), but below are the available residences headed for the auction block: Continue reading

Bid on 29 apartments, houses in Queens, Brooklyn

The minimum bid for this Bayside property is $338,000.

The public administrator in Queens is auctioning off 10 co-ops, one condo and 18 single-family houses, each of them left by owners who died without a will.

The estate auction takes place June 29 at 11 a.m. at 88-11 Sutphin Blvd., Room 62, Jamaica.  Inspection will be June 26-27 between 10 a.m. and 1 p.m.

Regarding the co-ops below, the contracts will be nullified and deposit returned in the event that a board rejects a successful bidder. Continue reading