Luxury condo under foreclosure in NYC

Corporate Dissolution - Immediate Sale Ordered
One Bedroom w/ Balcony Overlooking Times Square
Sold Fully Furnished - Recently Built Luxury Building

Begins: Thursday, May 14, 2009 at 7:00 PM EDT
Location: 1600 Broadway, Unit 5D, New York, NY 10019
Inspection
Begins: Sunday, May 03, 2009 at 11:00 AM EDT
Ends: Sunday, May 03, 2009 at 1:00 PM EDT
Location: 1600 Broadway, Unit 5D, New York, NY 10019
Inspection
Begins: Saturday, May 09, 2009 at 11:00 AM EDT
Ends: Saturday, May 09, 2009 at 1:00 PM EDT
Location: 1600 Broadway, Unit 5D, New York, NY 10019
Inspection
Begins: Thursday, May 14, 2009 at 5:00 PM EDT
Ends: Thursday, May 14, 2009 at 7:00 PM EDT
Location: 1600 Broadway, Unit 5D, New York, NY 10019

Out-of-State Corporate Dissolution - Immediate Sale Ordered via Public Auction

Luxury Condo in Times Square

Impeccably Finished & Designed - Sold Fully Furnished

Description:
1600 Broadway, Unit 5D, New York, NY 10019
Year Built: 2006
Sold Fully Furnished
Like-New Condition
777 Sq Ft Interior Space
60 Sq Ft Balcony w/ Dramatic Views
One Bedroom & One Bath
Unit Finishes:
High Ceilings & Floor-to-Ceiling Windows w/ Spectacular Views
Wood Floors Throughout
Elegant Stainless Steel Cabinets
Stainless Steel Sub-Zero, Bosch and Miele Appliances
Porcelain Tile Kitchen Floors
Spa Inspired Porcelain Mosaic Tile Bath
Light Wood Tone Vanity, Limestone Countertops & Custom Designed Stainless Steel Basin
Washer & Dryer
Central Air Conditioning
Full Service Building w/ 24-Hour Concierge and Doorman, State-of-the-Art Building Security, Health Club, Valet Parking and Much More
Amenity Overview:
Lobby: Located on Broadway, Between 48th and 49th Streets is the Spacious Lobby.
24-Hour Concierge & Doorman
4th Floor Club & Outdoor Terrace: Comprises the Entire 4th Floor
World-Class Amenities Include Entertainments Lounge w/ Billiards, Putting Green, Virtual Golf, Fitness Center and Fully-Equipped Conference Center.
Outdoor Terrace Offers Breathtaking Views of the Times Square Cityscape from its Rolling Landscaped Plaza with Sprawling Lawn and Trees.
Rooftop Observatory: Affording Incredible Cityscape Views with Lounge Chairs, an Outdoor Shower and More.
Nearby Transportation:
N, R & W Subway Lines at 49th Street and Broadway
B, D, F & V Subway Lines at 49th Street and Broadway
C & E Subway Lines at 50th Street and 8th Avenue
"1" Subway Line at 50th Street and Broadway
Monthly Common Charges: $962
Monthly Real Estate Taxes: $446
Online & Telephonic Bidding Available. Please call 516.349.7022 for Details & Registration.


Inspections/Viewings: Sunday, May 3rd and Saturday, May 9th Between 11:00 am and 1:00 pm Each Day & Thursday, May 14th Between 5:00 pm and 7:00 pm.

Auction Date & Time: Thursday, May 14th at 7:00 pm. Registration begins at 6:00 pm.

Auction Location: Sells On-Location at 1600 Broadway, Unit 5D, New York, NY 10019.

Terms & Conditions of Sale: Property will be sold Free & Clear of all Liens, Claims & Encumbrances. In order to register to bid, all prospective bidders must present a certified check in the amount of $65,000.00 made payable to David R. Maltz & Co., Inc. Closing must occur within 45 days after the auction. Successful Bidder shall be granted a 30-day extension to close if he/she posts an additional non-refundable 10% deposit. Subject to Sale Prior to Auction as Pre-Auction Offers will be Considered. Please download the complete Terms and Conditions of Sale.

Buyer Broker Participation: A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines. Please download the Broker Participation form for details.

Buyer's Premium: A six percent (6%) Buyer's Premium will be added to the successful bidder's high bid to determine the contract price to be paid by the purchaser.

Financing: David R. Maltz & Co., Inc. is pleased to announce a strategic alliance with Continental Home Loans Inc. This will allow you to be pre-approved at no cost or obligation. Continental Home Loans Inc. offers various loans products with competitive financing to fit all buyers. Contact Brett Van Nostrand at (800) 540-8838 ext. 4370.



David R. Maltz, Auctioneer DCA# 762794
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105

The Seller, Attorneys for the Seller and the Auctioneer do not guarantee the accuracy of any of the descriptions or any other information pertaining to the sale of this property. All prospective bidders are urged to do their own due diligence prior to participating in the Public Auction Sale.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.







155 Terminal Drive
Plainview, NY 11803
p: 516.349.7022 / f: 516.349.0105
info@MaltzAuctions.com