Property Description for 5118-24 4th Ave
AS IS Condition. 2 contiguous properties sold as 1. A 3 story mixed use building with 1 store and 2 residential apartments and a taxpayer with 4 stores. There are 2 separate basements one under each building. There are an additional 15 parking spaces with $2,000.00 monthly rent. This sale is subject to approval by the NYS Supreme Court, Kings County. There will be an auction on September 28, 2016 at 12:00 PM at 360 Adams Street, Room 276 before the Judge. The opening bid will be $6,450,000.00 and a twenty percent 20 down payment must be tendered at the time of the auction with a closing to take place within thirty (30) days of execution of the contract. All interested parties should be present at the auction.