BANKRUPTCY AUCTION SALE

Sells:  Tuesday, February 28, 2023 @ 11:00 a.m. (EST)
Online Auction:  via Zoom
Bid Deadline:  Monday, February 27, 2023 @ 5:00 p.m. (EST)
Opening Bid:  $910,000
Required Deposit:  $90,000 in the form of a bank check made payable to "Debra Kramer, as Chapter 7 Trustee"

PROPERTY DETAILS

For auction is a large, mixed-use, three (3) unit building on Eastern Parkway in the Ocean Hill section of Brooklyn, NY.  This property is improved by 1,400 SF of retail/commercial space on the first floor with an additional 1,400 SF finished basement.  The two (2) residential apartments are each defined by 1,000 SF of living space with three (3) bedrooms and one (1) bath.  The combined commercial and residential space for this property is +/- 4,800 SF.  Zoning is R6 / C2-3.  This property is also located in an Opportunity Zone.

TERMS

This is a non-contingent sale of real property and said property will be sold in "as-is, where-is" condition free and clear of any and all liens, claims and encumbrances.  This property is vacant.  All-cash, non-contingent deals only.  Any sale will be subject to Bankruptcy Court approval.  See the Terms of Sale in the Documents section of this listing for the complete terms and conditions for the sale of this property.

DISCLAIMER

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 The subject real property herein may be sold or withdrawn from the market without notice.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.