Online Auction: Commercial Land 5051-5055 Broadway in New York, NY

5051 5055Broadway Newpic

U.S. Treasury Real Estate

Online Bidding Only

August 4, 2020

Auction starts/ends:
11:00 am – 2:00 pm (ET)

Property Location

5051-5055 Broadway, New York, New York 10034
Map

Commercial Land in New York, New York
7,500 ± sq. ft. of commercial land that is currently leased as a parking lot. Sold with tenant in place with rental income.

How to Register
step1
Create an Account

New bidders ONLY

Go to Login and create an account with your contact and credit card details. We validate your credit card with a temporary charge of US $1.

Step2
Register for Auction

(allow 24 hours for approval)

Go to Upcoming Auctions and click on register to bid for each specific auction you wish to bid.

step3
Submit Deposit

Bid Deposit: $100,000

Complete the Bid Deposit Form with bid deposit of $100,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by August 3, 2020 at 5PM ET.

Property Description

COMMERCIAL LAND Commercial land that is currently leased as a parking lot. The subject is 7,500 ± sq. ft. with a total of 31,500 ± sq. ft. with Air Rights. The property will be sold with the tenant in place with rental income of $5,800 a month. Note: The operating business and the car lifts on the premises are not included in the sale. Click here to view the occupancy agreement. Click here for aerial view 1 and aerial view 2 of the property. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS including any building violations for the building as a whole that may apply (including but not limited to fines and penalties).

Site Area: 7,500 ± sq. ft.
Parcel No: 02243-0255
County: New York

Utilities: Electricity, Water, Sewer
R7D/C2-4/Commercial Use
2019 Taxes: $33,333.80 ±

Inspection

Visit during daylight hours.

Photo Gallery
Map

This map was derived from Google Maps. CWS doesn’t accept any responsibility for accuracy.

Questions about the sale/property: Email us at realproperty@cwsams.com or call 703 273-7373.

Technical assistance: Contact us at service@cwsmarketing.com with any technical questions about the online bidding process.

It’s the Buyer’s responsibility to understand & comply with the complete Terms & Conditions of the sale.

Tuesday, August 4, 2020
10am-1pm ET

$100,000 Cashier’s check made payable to CWS Marketing Group, Inc
Download the Bid Deposit Form and mail with your deposit to qualify to bid.

Closing will be held within 45 calendar days of the date the Government signs the sales contract.

CWSAMS has made every reasonable effort to facilitate online bidding. However, it is possible that technical problems and transmission issues may arise and affect the CWSAMS website, bidding system and/or computer or server or your computer, personal device or software which is beyond the control of CWSAMS. By bidding online Bidder acknowledges that CWSAMS is not responsible for technical problems or transmission issues associated with a bid and that, in the event technical problems interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances.   Further, in the event of the occurrence of a technical problem during any bid in any auction, CWSAMS in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction and/or re-list the property for auction at another date and time. The decision of CWSAMS on this matter shall be final. Bidder acknowledges that, by bidding in any auction held by CWSAMS, Bidder accepts the terms and conditions of this Disclaimer.

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