Online Auction: Multi-Family Building 62 E 131st Street, New York, NY

62 E 131 St. NY NY Front Main

U.S. Treasury Real Estate

Online Bidding Only

May 7, 2021

Auction starts/ends:
10:00 am – 1:00 pm ET

Property Location

62 E 131st Street, New York, NY 10037
Map

Multi-Family Building in New York, NY
6,013 ± sq. ft. Brownstone with 5 residential units located in the Harlem section of Manhattan. Property will be sold with tenants in place.

How to Register
step1
Create an Account

New bidders ONLY

Go to Login and sign up for 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: $250,000

Complete the Bid Deposit Form with bid deposit of $250,000 in the form of a cashier’s check payable to CWS Marketing Group due May 6 or bank wire to arrive no later than 5pm on May 4.  Request wiring instructions at realproperty@cwsams.com

Property Description

MULTI-FAMILY BUILDING 6,013 ± sq. ft. Brownstone with 5 residential units and basement located in the Harlem section of Manhattan. Unit #1 is 2-levels with 2 bedrooms, 1.5 baths, living room, eat-in kitchen, laundry, and a rear patio. All other units are 1 bedroom, 1 bath, living room, and eat-in kitchen. There are currently 5 open (OATH/ECB Violations) and 20 open (DOB Violations) that can be reviewed on the NYC Buildings Website. Instructions to search the website. Note: Units #2 and #5 are vacant. Units #1, #3 and #4 are all occupied non-performing. Occupancy Agreements/30-Day Vacate Notices can be viewed here. 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). It is the buyers responsibility to verify the most current list from the NYC Department of Buildings.

Living Space: 6,013 ± sq. ft.
Site Area: 1,749 ± sq. ft.
Year Built: 1926
Parcel No:1-1755-44
Certificate of Occupancy
Elevator Information

Utilities: Electricity, Gas, Water, Sewer
Zoning: R7B C9 Multi-Family Residential
2019 Taxes: 19,051.51 ±
County: New York
Sale #: 21-66-133

Virtual Tour
Inspection

Appointment only! Monday, April 26 and May 3
Email proof of funds or bank letter of credit of $250,000 to Mike Lewis to schedule.
Attendees are responsible to provide and wear their own Personal Protection Equipment (PPE).  PPE will not be provided.

 

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.

May 7, 2021
10:00 am – 1:00 pm ET

Complete the Bid Deposit Form with bid deposit of $250,000 in the form of a cashier’s check payable to CWS Marketing Group due May 6 or bank wire to arrive no later than 5pm on May 4.  Request wiring instructions at realproperty@cwsams.com

Starting bid will be $1,000,000.

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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