Real Estate and Former Repair Shop Auction

More Info / Bid Track Item

178 Columbia Turnpike, Town of East Greenbush, County of Rensselaer, State of New York

Two-bay former auto repair shop and parts store. Building is located on busy Route 9 & 20 (Columbia Turnpike) in East Greenbush. Property is located next to NYS training facility and is near Regeneron's East Greenbush facility. Property includes parking in the front and side of the building. Green space is located in the rear of the building.
SBL: 155.13-21-15
Property Class: 440-Warehouse
Site: COM 1
Zoning Code: B-2
Neighborhood Code: 24002
School District: East Greenbush
Lot Size: 0.15 +/- Acres
Total Assessment: $144,800 (2022-Tentative)
Full Market Value: $164,079 (2022-Tentative)
Taxes: $5,275.37 +/-
Deed Book: 1350, Page 576
Sewer and Water: Comm/public
Utilities: Gas & Electric
Year Built: 1960
Gross Floor Area: 1,480 sq. ft.

Real Estate Payments and Partial Terms:
Real property is subject to Seller acceptance or rejection within approximately 24 hours post auction closing. Seller reserves the right to accept the high bid even if the reserve is not met. THE HIGH BIDDER SHALL BE BOUND TO PERFORM IF THE BID IS ACCEPTED BELOW THE RESERVE PRICE. Upon bid acceptance by the Seller of real property a $5,000.00 down payment, 12% buyers premium (12% add on to bid price) and a flat $750.00 administrative fee is required in cash/certified bank check made payable to Collar City Auctions Realty & Mgmt., Inc. Escrow and must be paid no later than 4:00 pm July 22, 2022. Time Being of Essence. Payments are due by appointment at our office located at 9423 Western Tpke., Delanson, NY 12053. Please call 518-895-8150 Monday through Friday 9:00 am to 4:00 pm to schedule. Closing shall take place on or about Wednesday, August 24, 2022. Property is sold AS IS, including all contents contained within the building on the day of inspection, without contingencies of any kind with the exception that purchaser is guaranteed free and clear title. The business name is not included in the sale. No bids may be withdrawn or canceled once placed.
You will receive a telephone call and/or e-mail confirmation within approximately 24 hours of acceptance of bid by the Seller. It is your responsibility to contact our office if you do not receive notice.

Bidder Certification, Contract Terms and Conditions
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