Clinton Hill Multi-Family

Bankruptcy Auction Sale

Sells:  Thursday, October 26, 2023 @ 11:00 a.m.
Online Auction:  via Zoom (only qualified bidders will receive a link to participate in the Auction Sale)
Opening Bid:  $1,850,000
Bid Deadline:  Tuesday, October 20, 2023 @ 5:00 p.m.
Bid Requirements: Deposit and Signed Terms and Condition of Sale must be delivered to MYC & Associates, Inc. prior to the Auction Sale.
Required Deposit:  $185,000 in the form of a bank check made payable to "Paul A. Rachmuth, Esq. IOLA Attorney Escrow Account" or Wire Transfer (wire instructions available upon request).

Property Description

220 Greene Avenue is a multi-family home featuring two units; a duplex over a triplex.  Both units feature two bedrooms and one and one-half baths; however the triplex can be easily converted to a three bedroom unit.  Both units are spread over nearly 2,320 square feet of living space whose amenities include multiple balconies, outdoor space, modern kitchens and bathrooms, rooftop access and more.

Located in the Clinton Hill section of Brooklyn, 220 Greene Avenue is just steps away from countless trendy restaurants, cafes, and shops. This architecturally diverse neighborhood is home to a slew of small businesses, independent coffee shops and restaurants. Named after New York Mayor and Governor DeWitt Clinton, this area was once considered a calm retreat outside of Manhattan. Clinton Hill also has a large influx of new buyers moving into the area. The plentiful playgrounds and parks allow for great urban exploration. Home to Pratt Institute and Saint Joseph's College, Clinton Hill has built a community that caters to the locals, students, business owners and families, all who celebrate the neighborhood for its rich history and welcoming appeal.

Location

220 Greene Avenue is located in the Clinton Hill section of Brooklyn, NY between Grand and Classon Avenues.  By train, commute times to Union Square and Wall Street are under 25 minutes and Columbus Circle and Grand Central are under 35 minutes.  The nearest subway lines are the G, A and C trains.

Disclosure

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.