Building & Unit Features
185 East 117th Street - Estate Sale for rehab or development Four story walk up consisting of one vacant commercial unit and one vacant studio and three occupied floor thru units. Occupied residential units are non-stabilized and do not have leases.
A prime opportunity for rehabilitation or redevelopment. Currently 3,868 square feet as built but has over 7,000 square feet of total build able area.
The building will only be sold as a pair with 187 East 117th Street.
PROPERTIES SOLD SUBJECT TO COURT APPROVAL
NO OBLIGATION OR RIGHTS WILL INURE TO THE BIDDERS
UNLESS AND UNTIL THE COURT HAS GIVEN ITS APPROVAL.
ALL CASH DEALS ONLY
10% OF THE BID IN CASH OR CERTIFIED FUNDS WILL BE DUE BY SEPTEMBER 8, 2012, AT 1:00 PM. FAILURE TO SUBMIT DEPOSIT BY SEPTEMBER 8, 2012, AT 1:00 PM. will result in the next highest offer being accepted. Closing to be held ON OR BEFORE OCTOBER 8, 2012.
FAILURE TO CLOSE ON OR BEFORE OCTOBER 8, 2012 WILL RESULT IN FORFEITURE OF DEPOSIT AND THE NEXT HIGHEST OFFER BEING ACCEPTED.