Williamsburg Multi-Family

Bankruptcy Auction Sale
Sells: Thursday, October 27, 2022 @ 2:30 p.m. via Zoom
Minimum Opening Bid: $2,120,000
Deposit Requirement: $212,000 bank check made payable to "Debra Kramer, as Chapter 7 Trustee"
Competing Bid Deadline: 2:30 p.m. on Tuesday, October 25, 2022
Buyer's Premium: A six percent (6%) premium, calculated from the Purchase Price for this property, will be the sole responsibility of the Successful Bidder.    

Bid Requirements
To qualify to bid on this property at the Auction Sale, all bidders must submit a Competing Offer, as that term is defined in the "Terms and Conditions of Sale".  A copy of the "Terms and Conditions of Sale" can be found in the 'Downloads' section of this listing.  

Property Details
Neighborhood:  Williamsburg
Lot:  22' X 100' or 2,200 SF
Total Units:  Four (4)
Individual Unit SF:  +/- 880 per
Total SF:  +/-3,520
Unit Composition:  Two (2) Bed / One (1) Bath Units
Tenancy Status:  Fully Occupied
Building:  Walk-up
Exterior:  Brownstone 

Rent Roll
Unit 1:  Unknown
Unit 2:  Unknown
Unit 3:  $2,700 / mo.
Unit 4:  $2,400 / mo.

Inspections / Showings
We do not have access to this property and it is fully occupied.  Please do not disturb the tenants/occupants.  Anyone caught trespassing may prosecuted to the fullest extent of the law.   

Basic Terms
This property will be sold in "as-is, where-is" condition and free and clear of any and all liens, claims and encumbrances. This transaction is all-cash.  No financing or other contingencies permitted. 

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 The subject property may be sold or withdrawn from the market without notice.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