SOLD - SOLD - SOLD. Estate of Mary E. Cappiello - Prime Commercial Schenectady, NY Real Estate. ATTENTION AGENTS AND BROKERS: PRE-REGISTER YOUR BUYER AS INITIAL CONTACT AND EARN A 3% COOP FEE AT CLOSING!

502 Broadway, Schenectady, NY. 2-Story Commercial Building on the Corner of Broadway and Edison Avenue.


Begins: Tuesday, Oct 19, 2021, 9:00AM EST
Location: 502 Broadway, Schenectady, NY 12306
Preview: Tuesday, November 2, 2021 from 10:00 AM - 12:00 PM.

PLEASE CLICK MORE LOT INFO FOR IMPORTANT INFORMATION AND ADDITIONAL PICTURES.

$1,000 Credit Card Hold Required To Obtain Bidding Privileges, hold will be released post auction

 
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Reserve Not Met

High Bid:
$53,005.00 – cranep

bidding history

$1,000 Credit Card Hold Required To Obtain Bidding Privileges, hold will be released post auction..

502 Broadway, City of Schenectady, County of Schenectady, State of New York

SBL: 49.31-1-3
Property Class: 482-Detached Row Building
Neighborhood Code: 00010-Vale Prk/Hamilton Hill
Zoning Code: 06-Industrial
School District: Schenectady
Lot Size: 25' x 100'
Land Use: Commercial/Office/Residential Mixed Use
Total Assessment: $148,600
Total Taxes: $6,304.06 +/-
Sewer Type: Comm/public
Utilities: Gas and Electric
Water: City
Year Built: 1981
Square Feet: 4,572 +/-
Stories: 2
Alarm System: Yes
Garage: Yes
Siding: Vinyl
Roof: Asphalt
Heating System: Gas
Air Conditioning: Window Units
Professionally Winterized

Real Estate Payments and Partial Terms:
SELLER RESERVES THE RIGHT TO ACCEPT HIGH BID AND BUYER WILL BE BOUND TO BUY THE PROPERTY IF SELLER ACCEPTS A BID BELOW THE RESERVE. 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) OR A $5,000.00 Flat Fee whichever is greater PLUS A $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, Friday, November 5, 2021. 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 Friday, December 31, 2021. 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. If applicable, the business name is not included in the sale. No bids may be withdrawn or canceled once placed. ALL BIDS ARE PLACED AT MAX BID, THIS MEANS YOUR MAXIMUM BID PLACED WILL BE IMMEDIATELY ACCEPTED AND POSTED.
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
Online auction sales conducted, hosted or otherwise administered by Collar City Auctions Realty & Mgmt., Inc. or its designee, either through the auction companys website www.collarcityauctions.com or www.collarcityauctionsonline.com or any other website designated by the auction company for the purpose of conducting an online auction agrees to the following:

Take Notice:
I, the bidder, as purchaser unconditionally and expressly grant permission to the auction company or its representatives as follows: Bidders that do not fulfill their financial obligation will automatically have their credit card charged the full amount due, plus a 15% administrative fee. Not as a penalty, but as liquidated damages to the seller and auction company. By becoming a member of our site, registering to bid within an auction and and clicking below/electronically signing the Bidder Certification, Contract Terms and Conditions, you expressly and unconditionally agree and acknowledge to be fully bound to all terms you have read and if necessary have had the opportunity to review with counsel prior to placing any bids.
I further acknowledge, at the sole discretion of the auction company, my account may be suspended or revoked. Site registration and bidding is a privilege and my name and/or business name and locality may be posted on the auction company?s website as a Prohibited bidder. By agreeing to our terms of use, registering to become a member of website and registering to participate in any auction, you acknowledge and grant irrevocable permission to the auction company to post my name as registered if I do not pay for all item(s) bid on and purchased.

I understand that by completing any and/or all registration forms, I am able to clearly read, write, speak and understand the English language and agree to be bound by the terms and conditions contained herein as well as any additional auction terms.
More Details
$1,000 Credit Card Hold Required To Obtain Bidding Privileges, hold will be released post auction..

502 Broadway, City of Schenectady, County of Schenectady, State of New York

SBL: 49.31-1-3
Property Class: 482-Detached Row Building
Neighborhood Code: 00010-Vale Prk/Hamilton Hill
Zoning Code: 06-Industrial
School District: Schenectady
Lot Size: 25' x 100'
Land Use: Commercial/Office/Residential Mixed Use
Total Assessment: $148,600
Total Taxes: $6,304.06 +/-
Sewer Type: Comm/public
Utilities: Gas and Electric
Water: City
Year Built: 1981
Square Feet: 4,572 +/-
Stories: 2
Alarm System: Yes
Garage: Yes
Siding: Vinyl
Roof: Asphalt
Heating System: Gas
Air Conditioning: Window Units
Professionally Winterized

Real Estate Payments and Partial Terms:
SELLER RESERVES THE RIGHT TO ACCEPT HIGH BID AND BUYER WILL BE BOUND TO BUY THE PROPERTY IF SELLER ACCEPTS A BID BELOW THE RESERVE. 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) OR A $5,000.00 Flat Fee whichever is greater PLUS A $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, Friday, November 5, 2021. 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 Friday, December 31, 2021. 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. If applicable, the business name is not included in the sale. No bids may be withdrawn or canceled once placed. ALL BIDS ARE PLACED AT MAX BID, THIS MEANS YOUR MAXIMUM BID PLACED WILL BE IMMEDIATELY ACCEPTED AND POSTED.
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
Online auction sales conducted, hosted or otherwise administered by Collar City Auctions Realty & Mgmt., Inc. or its designee, either through the auction companys website www.collarcityauctions.com or www.collarcityauctionsonline.com or any other website designated by the auction company for the purpose of conducting an online auction agrees to the following:

Take Notice:
I, the bidder, as purchaser unconditionally and expressly grant permission to the auction company or its representatives as follows: Bidders that do not fulfill their financial obligation will automatically have their credit card charged the full amount due, plus a 15% administrative fee. Not as a penalty, but as liquidated damages to the seller and auction company. By becoming a member of our site, registering to bid within an auction and and clicking below/electronically signing the Bidder Certification, Contract Terms and Conditions, you expressly and unconditionally agree and acknowledge to be fully bound to all terms you have read and if necessary have had the opportunity to review with counsel prior to placing any bids.
I further acknowledge, at the sole discretion of the auction company, my account may be suspended or revoked. Site registration and bidding is a privilege and my name and/or business name and locality may be posted on the auction company?s website as a Prohibited bidder. By agreeing to our terms of use, registering to become a member of website and registering to participate in any auction, you acknowledge and grant irrevocable permission to the auction company to post my name as registered if I do not pay for all item(s) bid on and purchased.

I understand that by completing any and/or all registration forms, I am able to clearly read, write, speak and understand the English language and agree to be bound by the terms and conditions contained herein as well as any additional auction terms.

Location: 502 Broadway, Schenectady NY, 12306
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