You may recall we featured an auction at 1600 Broadway a few months back and had considerable interest from our readers.  That auction was a smashing success.  Dozens of people showed up and the property sold at at a reasonable price well below the original marketing prices for the building.  Hopefully this auction will have the same fate.  It will take place on Thursday, October 22 at 07:00 PM EDT.  Can you imagine New Year’s Eve from your private terrace in this place? Wow!  Some of the apartment highlights include:

- Like-New Condition

- 889 Sq Ft Interior Space

- Balcony w/ Dramatic Views onto Broadway

- One Bedroom

- Home Office

- One Bath

- Currently in Executive Rental Program with Bridge Street Rental.  Bridge Street Pays Owner $4,059/Month.  Unit will be Delivered with or without Tenant in Place, at Purchaser’s Sole Option.

- Full Service Building w/ 24-Hour Concierge and Doorman, State-of-the-Art Building Security, Health Club and Much More

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

Amenity Overview:

- The spacious lobby is located on Broadway between 48th and 49th Streets.

- 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.

- All subway lines nearby!

As for the nitty gritty.  The monthly common charges are $1,091 and the real estate taxes are $478/month.  Online and telephone bidding are available in addition to showing up in person.   For more details and registration information you can call 516.349.7022 or visit the David R. Maltz & Co website.

Auction Location:   Millenium Broadway Hotel – 145 W 44th Street. NY, NY 10036

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 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.

This entry was posted on Sunday, October 4th, 2009 at 5:14 pm and is filed under NY Condo Blog. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.