Bankruptcy Auction Sale
Sells: Thursday, June 2, 2022 @ 2 p.m.
Opening Bid: $1,500,000
Deposit: $150,000 bank check made payable to "Howard P. Magaliff, as Chapter 7 Trustee of Gualaceo Realty Corp."
Qualifying Bid Deadline: 5 p.m. on Friday, May 27, 2022
Buyer's Premium: Five percent (5%)

Terms and Conditions of Sale
Please see the 'Downloads' section of this listing for a copy.

Property Details
Neighborhood: Soundview
Lot: Corner, 2,550 SF
Retail: Two (2) Units, +/-2,500 Total SF
Residential: Four (4) Units Total, All units contain Three (3) Beds/One (1) Bath, 3,350 Total SF of living space
Total SF: +/- 5,850 SF
Gross Income: $210,144 per year
NOI: $142,553 per year