This Forest Hills semi-attached residence, which is subject to tenancy, has a minimum bid of $488,000 in the public administrator’s upcoming estate auction.
Queens Public Administrator Lois M. Rosenblatt will auction off four co-ops along with 14 single-family houses and other properties on Sept. 10 at 11 Sutphin Blvd. in Jamaica.
Properties range in price from $19,500 for 1.2 acres of vacant land in Greene County to $1.688 million for a one-story, 4,960-sf commercial warehouse in Long Island City.
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Licensed Associate Real Estate Broker
Charles Rutenberg Realty
127 E. 56th Street
New York, NY 10022
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With three of 11 properties withdrawn, the estate auction of ultimately one co-op and seven houses in Queens netted $2.944 million for the city today.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: Continue reading
This house in Long Island City requires the highest minimum bid, $600,000.
The estate auction of two co-ops and eight houses in Queens is to take place on Dec. 12.
Queens Public Administrator Lois Rosenblatt scheduled the auction of properties ranging in price between $100,000 and $600,000 in neighborhoods including Long Island City, Jamaica and Jackson Heights.
Below are the residences headed for the auction block, Continue reading