City collects $3 million from Queens auction

The estate auction of ultimately 19 properties in various Queens neighborhoods attracted $2.969 million in winning bids last week.

Withdrawn from the sale was a two-story detached frame house in East Elmhurst, and six of the properties failed to achieve their minimum bids.

The highest bid went for the Elmhurst house shown here; It sold for $500,000, well above the upset price of $319,000.  In all, nine properties were hammered down at prices higher than the minimum set by Queens Public Administrator Lois M. Rosenblatt.

Below are the all the results of the auction, which was held March 15. Continue reading

Auction: College Point houses among 20 for sale

Minimum bid: $551,000 for this College Point house with two-car garage. Snow shovel not included.

Queens Public Administrator Lois Rosenblatt has announced that an estate auction of seven co-ops and 13 houses will be held on March 15 starting at 11 a.m.

Prices range from $55,000 for an apartment in Jamaica and $551,000 for the College Point two-story detached brick houses shown at left.

The estate of Franz Vormittag, the house sits on a 5,000-sf lot and is subject to tenancy.  Taxes are $6,677 annually.

Other properties to be auctioned are listed below along with 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