***694 Courtlandt Avenue, Bronx, NY 10451, along with 696 Courtlandt Avenue, Bronx, NY will be offered in bulk and then individually.  If the aggregate of the high bids for each of the properties exceeds the high bulk bid, these properties will sell individually.  To the contrary, if the high bulk bid exceeds the aggregate of the high bids for each of the properties, the properties will sell to the bulk bidder.***

Bankruptcy Auction Sale

Sells:  Thursday, October 19, 2023 @ 11:00 a.m.
Online Auction:  via Zoom (only qualified bidders will receive a link to participate in the Auction Sale)
Opening Bid:  T/B/D
Bid Deadline:  5:00 p.m. on Tuesday, October 17, 2023
Bid Requirements: Required Deposit, Completion of the Auction Registration Form, and Signed Terms and Condition of Sale
Required Deposit:  $100,000 in the form of a bank check made payable to "Charles N. Persing, CPA, as Trustee"

General Information

Seven (7) Rent Stabilized Residential Units (DHCR can be found in the 'DOWNLOADS' section of this listing)
One (1) Retail Unit

Residential

Tenancy Status:  Fully Occupied
All Two (2) Bedroom / One (1) Bath Apartments
Gross Monthly Residential Income - $9,439.81

Retail

Tenancy Status:  Occupied
Gross Monthly Retail - $2,560.00

Financials

Residential Gross:  $9,439.81
Retail Gross:  $2,560.00
Total Gross Income:  $11,998.81