By Order of County of Schenectady, NY Single Family Homes, Multi-Family, Commercial, Industrial & Residential Vacant Land

Transcription

1 REAL ESTATE AUCTION By Order of County of Schenectady, NY Single Family Homes, Multi-Family, Commercial, Industrial & Residential Vacant Land 39 SCHENECTADY COUNTY TAX FORECLOSED PROPERTIES Town of Duanesburg, Village of Scotia, Town of Glenville, Town of Niskayuna, Town of Princetown, Town of Rotterdam and City of Schenectady Saturday, October 28, :00 AM Registration: 9:30 AM AUCTION SITE: Schenectady County Community College, The Carl B. Taylor Auditorium, 78 Washington Avenue, Schenectady, NY Begley Multi-Purpose Building DIRECTIONS: NYS Thruway Exit 25, I-890 West To Exit 4-C, Left At Light, Bear Right Into College and Follow Auction Signs. Visit for updates. TRACT 41: 1331 STATE STREET, CITY OF SCHENECTADY COMMERCIAL DOWNTOWN ROW TYPE SBL: Class Code: 482 Lot Size: 33 x114 +/- Assessed Value: $107,600 Annual Taxes: $4,400 +/- School District: City of Schenectady AUCTIONS Collar City Auctions Realty & Management, Inc. Licensed & Bonded Auctioneers/Liquidators/Realtors/Certified Appraisers/Consultants Randy Passonno, Auctioneer/Broker (518) ext Worldwide Auction, Liquidation, Real Estate, Appraisal, Consulting & Mgmt. Services Members of: National Auctioneers Association, New York State Auctioneers Association, Realtor, Capital Region Multiple Listing Services, Greater Capital Association of Realtors, Certified Appraisers Guild of America, International Society of Appraisers, National Association of Realtors, New York State Association of Realtors, Vermont Auctioneers Association, Massachusetts Auctioneers Association, American Association of Appraisers. Any and all information contained herein has been obtained from sources deemed reliable. Collar City Auctions Realty & Management, Inc./Randy Passonno and any agents, shall not be responsible for any errors or omissions. The Auction is Subject to Change Without Notice. Offer void where prohibited.

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3 TRACT 3: STATE HIGHWAY 30, TOWN OF DUANESBURG SBL: Lot Size: 76 x60 +/- Assessed Value: $ Annual Taxes: $ /- * TRACTS 4A AND 5A ARE BEING COMBINED * TRACT 4A: 3000 WESTERN TURNPIKE, TOWN OF DUANESBURG SBL: Lot Size: /- Acres Assessed Value: $92,800 Annual Taxes: $8, /- TRACT 5A: WESTERN TURNPIKE, TOWN OF DUANESBURG SBL: Lot Size: /- Acres Assessed Value: $9,500 Annual Taxes: $ /- Inspection: LANDLOCKED TRACT 6: 660 MOTT ROAD, TOWN OF DUANESBURG SBL: Lot Size: /- Acres Assessed Value: $40,000 Annual Taxes: $3, /- AUCTIONS TRACT 7: DUANESBURG ROAD, TOWN OF DUANESBURG SBL: Lot Size: /- Acres Assessed Value: $24,800 Annual Taxes: $2, /- School District: Schoharie TRACT 8: 3033 THOUSAND ACRE ROAD, TOWN OF DUANESBURG SBL: Lot Size: /- Acres Assessed Value: $37,000 Annual Taxes: $3, /- TRACT 9: MAIN STREET, TOWN OF DUANESBURG SBL: Lot Size: 153 x111 +/- Assessed Value: $2, Annual Taxes: $ /-

4 TRACT 10: DUANESBURG ROAD, TOWN OF DUANESBURG COMMERCIAL CONVERTED RESIDENCE SBL: Class Code: 483 Lot Size: 50 x113 +/- Assessed Value: $77,000 Annual Taxes: $9, /- TRACT 11: 4444 SCHOHARIE TURNPIKE, TOWN OF DUANESBURG SBL: Lot Size: /- Acres Assessed Value: $36,400 Annual Taxes: $3, /- TRACT 12: 5746 SCHOHARIE TURNPIKE, TOWN OF DUANESBURG SBL: Lot Size: 159 x211 +/- Assessed Value: $27,750 Annual Taxes: $2, /- TRACT 13: HOLLY BOULEVARD, VILLAGE OF SCOTIA SBL: Class Code: 322 Lot Size: /- Acres Assessed Value: $121,400 Annual Taxes: $5,300 +/- School District: Scotia-Glenville TRACT 14: HOLLY BOULEVARD, VILLAGE OF SCOTIA SBL: Lot Size: 80 x50 +/- Assessed Value: $4,400 Annual Taxes: $ /- School District: Scotia-Glenville TRACT 15: VLEY ROAD, VILLAGE OF SCOTIA VACANT LAND IN COMMERCIAL AREA SBL: Class Code: 330 Lot Size: 77 x108 +/- Assessed Value: $34,400 Annual Taxes: $1,500 +/- School District: Scotia-Glenville SEE AUCTION TERMS & CONDITIONS (q) SEE AUCTION TERMS & CONDITIONS (q) Please Visit Us on our Website. Additional Property Information is available at

5 TRACT 16: AMSTERDAM ROAD, TOWN OF GLENVILLE VACANT LAND IN A COMMERCIAL AREA SBL: Class Code: 330 Lot Size: /- Acres Assessed Value: $71,600 Annual Taxes: $2,600 +/- School District: Scotia-Glenville SEE AUCTION TERMS & CONDITIONS (q) TRACT 17: AMSTERDAM ROAD, TOWN OF GLENVILLE VACANT LAND SBL: Class Code: 300 Lot Size: /- Acres Assessed Value: $29,900 Annual Taxes: $1,100 +/- School District: Scotia-Glenville TRACT 18: 613 SWAGGERTOWN ROAD, TOWN OF GLENVILLE NURSERY/GREENHOUSE SBL: Class Code: 170 Lot Size: /- Acres Assessed Value: $152,500 Annual Taxes: $5,700 +/- School District: Burnt Hills-Ballston Lake TRACT 19: 18 ENGLEHART DRIVE, TOWN OF GLENVILLE SBL: Lot Size: 75 x188 +/- Assessed Value: $142,700 Annual Taxes: $5,100 +/- School District: Burnt Hills-Ballston Lake TRACT 20: LORWOOD/MAYWOOD DRIVE, TOWN OF GLENVILLE VACANT LAND SBL: Class Code: 300 Lot Size: 141 x90 +/- Assessed Value: $100 Annual Taxes: $5.00 +/- School District: Scotia-Glenville AUCTIONS TRACT 21: 9 HILL STREET, TOWN OF GLENVILLE SBL: Lot Size: 60 x250 +/- Assessed Value: $175,600 Annual Taxes: $6,500 +/- School District: Niskayuna TRACT 22: RAVINE ROAD, TOWN OF NISKAYUNA SBL: Lot Size: 150 x412 +/- Assessed Value: $13,800 Annual Taxes: $ /- School District: Niskayuna AUCTIONS

6 TRACT 23: 2328 BARCELONA ROAD, TOWN OF NISKAYUNA SBL: Lot Size: 50 x130 +/- Assessed Value: $285,000 Annual Taxes: $9,600 +/- School District: Niskayuna TRACT 24: MOHEGAN ROAD, TOWN OF NISKAYUNA SBL: Lot Size: 100 x35 +/- Assessed Value: $2,600 Annual Taxes: $ /- School District: Niskayuna TRACT 25: RIVER ROAD, TOWN OF NISKAYUNA SBL: Lot Size: 320 x65 +/- Assessed Value: $1,800 Annual Taxes: $ /- School District: Niskayuna TRACT 26: 2733 ROSENDALE ROAD, TOWN OF NISKAYUNA RURAL RESIDENCE W/ ACREAGE SBL: Class Code: 240 Lot Size: /- Acres Assessed Value: $920,000 Annual Taxes: $28,000 +/- School District: Niskayuna TRACT 27: 4312 CONSAUL ROAD, TOWN OF NISKAYUNA SBL: Lot Size: 131 x180 +/- Assessed Value: $188,000 Annual Taxes: $5,900 +/- School District: South Colonie TRACT 28: REYNOLDS ROAD, TOWN OF PRINCETOWN RURAL VACANT LAND SBL: Class Code: 314 Lot Size: /- Acres Assessed Value: $500 Annual Taxes: $ /- Inspection: LANDLOCKED AUCTIONS Please Visit Us on our Website. Additional Property Information is available at

7 TRACT 29: MARIAVILLE ROAD, TOWN OF PRINCETOWN RURAL VACANT LAND SBL: Class Code: 323 Lot Size: /- Acres Assessed Value: $1,350 Annual Taxes: $ /- Inspection: LANDLOCKED AUCTIONS TRACT 30: 1294 MAIN STREET, TOWN OF ROTTERDAM SBL: Lot Size: 60 x219 +/- Assessed Value: $190,000 Annual Taxes: $6,900 +/- TRACT 31: 343 MABIE LANE, TOWN OF ROTTERDAM SBL: Class Code: 312 Lot Size: 77 x150 +/- Assessed Value: $11,000 Annual Taxes: $ /- TRACT 32: 334 GARDINIER STREET, TOWN OF ROTTERDAM SBL: Lot Size: 40 x164 +/- Assessed Value: $115,000 Annual Taxes: $4,200 +/- TRACT 33: 3350 SOUTH THOMPSON ST, TOWN OF ROTTERDAM DISTRIBUTION FACILITY SBL: Class Code: 441 Lot Size: 50 x281 +/- Assessed Value: $16,500 Annual Taxes: $ /- SEE AUCTION TERMS & CONDITIONS (q) TRACT 34: 753 DRAPER AVENUE, TOWN OF ROTTERDAM SBL: Lot Size: 34 x142 +/- Assessed Value: $102,000 Annual Taxes: $3,500 +/- School District: Mohonasen TRACT 35: 1821 VANCORTLAND STREET, TOWN OF ROTTERDAM SBL: Lot Size: 62.5 x120 +/- Assessed Value: $139,000 Annual Taxes: $4,800 +/- School District: City of Schenectady

8 TRACT 36: BECKERS CROSSING, TOWN OF ROTTERDAM SBL: Lot Size: /- Acres Assessed Value: $5,000 Annual Taxes: $ /- TRACT 37: 702 CURRY ROAD, TOWN OF ROTTERDAM SBL: Lot Size: 50 x150 +/- Assessed Value: $160,000 Annual Taxes: $5,300 +/- School District: Mohonasen TRACT 38: 1709 BERNICE STREET, TOWN OF ROTTERDAM SBL: Lot Size: 65 x150 +/- Assessed Value: $121,000 Annual Taxes: $3,700 +/- School District: Mohonasen TRACT 39: 1115 FORT HUNTER ROAD, TOWN OF ROTTERDAM SBL: Lot Size: 50 x209 +/- Assessed Value: $165,000 Annual Taxes: $5,100 +/- School District: Mohonasen TRACT 40: 1022 RIGGI AVENUE, TOWN OF ROTTERDAM SBL: Lot Size: 60 x150 +/- Assessed Value: $160,000 Annual Taxes: $4,900 +/- School District: Mohonasen TRACT 41: 1331 STATE STREET, CITY OF SCHENECTADY COMMERCIAL DOWNTOWN ROW TYPE SBL: Class Code: 482 Lot Size: 33 x114 +/- Assessed Value: $107,600 Annual Taxes: $4,400 +/- School District: City of Schenectady Please Visit Us on our Website. Additional Property Information is available at

9 Addendum A: AUCTIONS TERMS & CONDITIONS Bid No. PLEASE READ CAREFULLY PRIOR TO BIDDING (a) The Properties are being offered AS IS and WHERE IS and with all faults. All Sales Are Subject To The Following Terms: No seller financing will be offered on any of these properties by The County of Schenectady, NY. The sale of these properties is pursuant to a cash contract. Failure of purchaser to secure financing prior to date of transfer does not constitute grounds for an extension or return of the down payment, buyer s premium or administrative fees. This contract should be reviewed by counsel prior to bidding as it contains terms and requirements which are not subject to modification. By bidding on any property being offered for sale, you acknowledge that you have either: (i) reviewed the contract with your attorney or, (ii) waived right of attorney review. Further note that failure of purchaser to secure financing prior to date of transfer does not constitute grounds for an extension or return of the down payment, buyer s premium or administrative fees. (b) All information contained in the Auction Brochure and contained within the website of Collar City Auctions Realty & Management, Inc. is supplied for informational purposes only and not guaranteed. Prospective purchasers are urged to fully research any property prior to bidding at auction. Furthermore, all parties agree to hold harmless the County, Auction Company and Auction Company representatives from any errors and or omissions, injury and or other matter that may arise now or in the future. Seller, Seller s Agents, Auction Company and Auction Company s Agents will not make and hereby expressly disclaims making any warranties or representations whatsoever, expressed or implied, written or oral, with respect to any property, without limiting its disclaimers, seller hereby advises all prospective bidders that it will not make any representations or warranties, express implied or oral, b.1. As to the nature or condition, physical or otherwise, of any of.the properties or any aspect thereof, including without limitation, any warranties of habitability, suitability, merchantability or fitness for a particular use or purpose; b.2. The nature of quality of construction, structural design or engineering or the improvements, or the state of repair or lack of repair of any improvements; b.3. The quality of the labor or materials included in the improvements; b.4. The soil conditions, drainage, topographical feature, or other conditions of any of the properties which may affect any of the properties with respect to any particular purpose, use, development potential, or otherwise. b.5. The area, size, shape, configuration, locations, capacity, quantity, quality, cash flow, expenses, value, condition, or composition of any of the properties. b.6. The nature or extent of title to any of the properties, any easements, rights of way, leases. possession, liens, encumbrances, licenses, reservations, contracts, conditions or otherwise that may affect title to any of the properties. All properties shall be transferred by means of a Quit Claim Deed supplied by the County of Schenectady, NY to the purchaser. b.7. Any environmental, geological, meteorological, structural or other condition or hazard or the absence thereof heretofore, now or hereafter affecting in any manner any of the properties, including but not limited to, the absence of asbestos or any environmentally hazardous substance on, in, under, or adjacent to any of the properties shall be soley the purchasers responsibility; or b.8. The compliance of any of the properties with any laws, rules, ordinances or regulations. No claim will be considered for allowance, adjustment or recision based upon failure of the property to correspond with the buyer s expectations. c. The high bidder on each property purchased at the auction shall immediately sign a bidder acknowledgment form on the floor at the auction, endorse to The County of Schenectady, NY and deliver to the auctioneer s personnel the required down payment of 10% of the bid price in CASH, CASHIER S OR CERTIFIED FUNDS ONLY made payable to the Yourself (THIS MEANS YOU) which will be held and deposited by the County of Schenectady, New York and shall be paid as a down payment on the day of the auction and applied to the purchase price, in addition to the bid price, the BIDDER AS PURCHASER shall pay a 10% buyer s premium, (10% add-on to the bid price and a $50.00 Administrative Fee in CASH, CASHIER S OR CERTIFIED FUNDS, made payable to the BIDDER AS PURCHASER AT KNOCKDOWN (TIME OF SALE AT THE AUCTION) (US FUNDS ONLY) which shall be retained by the Auction Company. IN ADDITION, BID PRICES OF $1, OR LESS MUST BE PAID IN FULL AT TIME OF AUCTION, PLUS THE 10% BUYER S PREMIUM AND A $50.00 ADMINISTRA- TIVE FEE IN CASH, CASHIER S OR CERTIFIED FUNDS made payable to the (Yourself ) AT KNOCKDOWN. (Time of Sale) (US FUNDS ONLY). The total Bid Price is the combination of the high bid, the 10% buyer s premium and the $50.00 Administrative Fee. The buyer shall then enter into the required non-contingent purchase and sale agreement. Auction sales are subject to final Legislative Approval at the next regularly scheduled meeting Post Auction. In the event the County for any reason determines not to sell to the purchaser the property bid on at auction, the purchaser shall be refunded the total bid price paid or 10% down payment, whichever is applicable, buyer s premium and administrative fees without any accrued interest. IF THE BALANCE DUE FROM BUYER(S) PLUS ANY ADDITIONAL CHARGES ON EACH PROPERTY PURCHASED AT AUCTION ON OCTOBER 28, 2017 IS NOT RECEIVED IN FULL BY THE COUNTY OF SCHENECTADY, ON OR BEFORE NOVEMBER 30, 2017 BY 4:00 P.M., THE BUYER(S) SHALL IMMEDIATELY FORFEIT THEIR DOWN PAYMENT OR ANY PAY- MENTS MADE AS HEREIN PROVIDED, BUYER S PREMIUM AND ADMINISTRATIVE FEE WITHOUT RECOURSE AND THE PURCHASE AND SALE AGREEMENT SHALL BECOME NULL AND VOID FOR ANY OBLIGATION THE COUNTY HAD TO PURCHASER. Purchaser agrees and understands that the 10% buyer s premium and $50.00 administrative fee is deemed earned by Auction Company upon signing/approval or acceptance of contract by bidder as purchaser. A sample purchase and sale agreement is contained within the brochure and it is highly recommended that you have your attorney review all of the purchase documents contained within the auction brochure prior to bidding. d. The properties shall be transferred by Quit Claim Deed subject to any and all encumbrances, easements, covenants, conditions, including tenancies and restrictions, if any, zoning environmental protection and other municipal, federal and state laws and any state of facts that an accurate survey and or inspection of the tract being sold might show. e. Purchaser s are NOT responsible for payment of any back taxes, but are responsible from the date of full payment of purchase price balance. f. Purchase and sale agreement is not assignable, transferable or negotiable.

10 Addendum A: AUCTIONS TERMS & CONDITIONS Bid No. PLEASE READ CAREFULLY PRIOR TO BIDDING g. The Seller and Auctioneers reserve the right to refuse admittance to or expel anyone from the auction premises for interference with the auction activities, nuisance, canvassing or any other reason(s). h. Buyer(s) deposes and states the following: 1. I am the real party interested in the property. 2. There are no persons other than those listed on the purchase and sale agreement who are financially or beneficially interested in the sale. 3. NO COLLUSION with any other bidder or any public official has taken place. 4. Buyer agrees and states that buyer had no relationship with previous owner. 5. Buyer states that they do not own any property in The County Of Schenectady on which taxes are due and owning or that currently have been sited for code violation and or currently being prosecuted for any code violations. Additionally, delinquent taxpayers are forbidden from participating in the auction. 6. I hereby declare that The County Of Schenectady has never taken title to any property owned by me via an In Rem Tax Foreclosure proceeding. i. All deeds shall contain a clause that if the purchaser, his/her successors or assigns shall fail to comply with the appropriate condition The County Of Schenectady has a right to re-enter the property without refunding the purchase price or buyer s premium and or additional fees paid by the purchaser at the auction. j. The purchaser(s) shall not alter, remove or otherwise change any items contained in or attached to any building or land to be purchased from The County Of Schenectady until the full purchase price, buyer s premium and additional charges have been paid in full and the deed has been received from The County Of Schenectady by the purchaser or the Purchaser has obtained written permission from the County to enter and maintain the property until transfer of title. Violations of this clause shall be grounds for immediate forfeiture of all monies paid and suit or criminal charges may, at the election of the County be filed agianst the Bidder as Purchaser. Associated fees shall be passed on to the Bidder as Purchaser and forfeited monies shall be retained by the County and Auction Company Without Recourse Againt Either Party. By Execution Of This Agreement, Bidder As Purchaser Agrees And Fully Acknowledges This Clause. k. Notice To Purchaser(s): Improved properties may be OCCUPIED. The Purchaser shall be solely responsible for any/all necessary eviction proceedures once title has been transferred to the Purchaser by the County. Landlocked Properties Are Not Accessible For Inspection. Improved Properties Do Not Have Any Scheduled Inspection. Please Drive By Only As Many Of The Properties Are Occupied. l. No personal property is included in the sale of any property and/or parcel(s) owned by Schenectady County, unless the former owner or former occupant has abandoned such property at the property at time of sale. The disposition of any personal property located on, in, under or on the property or parcel sold shall be the sole responsibility of the purchaser upon transfer of title. m. No person or spouse who is employed in the office of the County Manager, County Attorney, Department of Finance, Real Property Tax Services Agency or who is a Member of the Schenectady County Legislature, Auction Company, its Independent Contractors and Family Members shall be permitted to bid upon or purchase property at the auction. n. Notice To Real Estate Brokers/Agents: The Auction Company is acting in the capacity of a Real Estate Broker and NOT as a Realtor on the sale of the properties contained herein. The Auction Company is NOT offering any cooperating brokerage fee to any outside brokerage company for producing a bidder or purchaser at this auction. It is recommended that Brokers and/or Agents structure some type of compensation from the buyer they are representing in the capacity of a Buyer Broker. o. Auction Company, Auctioneer and County reserve the right to revise, change and implement changes to the terms, proceedures and conducting of auction at their descretion, prior to or during auction. All revisions, if any, shall be posted or announed prior to commencement of auction or, if necessary, during auction and shall become immediately and fully binding upon the bidder as purchaser at that time. p. Property Inspections: Please Drive By Only. q. Special Conditions For Certain Properties: Referred to as Addendum D. These properties are sold subject to special conditions including a release of the County and Auction Company from any environmental liability and indemnification of the County and Auction Company for any claim or demand based on the environmental condition of the property. Contact Collar City Auctions Realty & Mgmt., Inc. to receive a copy of the Addendum D via at reception@collarcityauctions.com prior to bidding auction day. The closing costs/fees which the purchaser shall be required to pay, in addition to bid price, shall consist of: (a) New York State Transfer Tax ($2.00 for each $ of the purchase/bid price; (b) Filing fee for the Real Property Transfer Report (RP-5217) of $ if the property is classified as agricultural, a 1-3 family dwelling, an apartment, or condominium, and $ if the property is otherwise classified (vacant, entertainment, community service, industrial, public service, forest etc); (c) Filing fee for combined Gains Transfer Tax Affidavit ($5.00); (d) All other fees and surcharges required by the Schenectady County Clerk for recording of the deed; I/We Agree That I/We Read, Write, Speak and Clearly Understand The English Language And Have Read And Clearly Understand The Above Captioned Terms & Conditions And Further Agree To Abide And Be Bound By All Terms & Conditions, Contracts And Addendums. X October 28, 2017 Signature X October 28, 2017 Print Name

11 The closing costs/fees which the purchaser shall be required to pay, in addition to bid price, shall consist of: (a) New York State Transfer Tax ($2.00 for each $ of the purchase/bid price; (b) Filing fee for the Real Property Transfer Report (RP-5217) of $ if the property is classified as agricultural, a 1-3 family dwelling, an apartment, or condominium, and $ if the property is otherwise classified (vacant, entertainment, community service, industrial, public service, forest etc); (c) Filing fee for combined Gains Transfer Tax Affidavit ($5.00); (d) All other fees and surcharges required by the Schenectady County Clerk for recording of the deed;

12 AUCTIONS Licensed & Bonded Auctioneers/Liquidators/ Realtors/Certified Appraisers & Consultants 9423 Western Turnpike Delanson, NY WORLDWIDE AUCTION, LIQUIDATION, REAL ESTATE, APPRAISAL, CONSULTING & MGMT. SERVICES PLEASE RUSH TIME DATED MATERIAL REAL ESTATE AUCTION 39 Schenectady County Tax Foreclosed Properties REAL ESTATE AUCTION By Order of County of Schenectady, NY Single Family Homes, Multi-Family, Commercial, Industrial & Residential Vacant Land 39 SCHENECTADY COUNTY TAX FORECLOSED PROPERTIES Town of Duanesburg, Village of Scotia, Town of Glenville, Town of Niskayuna, Town of Princetown, Town of Rotterdam and City of Schenectady Saturday, October 28, :00 AM Registration: 9:30 AM AUCTION SITE: Schenectady County Community College, The Carl B. Taylor Auditorium, 78 Washington Avenue, Schenectady, NY Begley Multi-Purpose Building DIRECTIONS: NYS Thruway Exit 25, I-890 West To Exit 4-C, Left At Light, Bear Right Into College and Follow Auction Signs. Visit for updates.