Real Estate and Former Repair Shop Auction

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 No bids may be withdrawn or canceled once placed.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
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 pay their invoice 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.

I agree that by clicking ?I accept These Terms.? I am electronically signing this document.
Thank you. We appreciate your participation.


Inspection: Wednesday, July 13, 9:00 AM - 11:00 PM.

Location Of Items: 178 Columbia Turnpike, Rensselaer, NY 12144

Removal: By Appointment Only, Tuesday, July 19, 9:00 AM - 3:00 PM. Please Call 518-895-8150 to schedule.

NO OTHER PICKUP DATES AVAILABLE. PLEASE DO NOT ASK.

PLEASE CLICK MORE LOT INFO FOR IMPORTANT INFORMATION AND ADDITIONAL PICTURES. LOADING ASSISTANCE WILL NOT BE PROVIDED BY THE SELLER OR AUCTION COMPANY. PLEASE BE SURE TO BRING ADDITIONAL ADEQUATE HELP TO LOAD PURCHASES AS WELL AS TOOLS IF NEEDED TO DISASSEMBLE OR MAKE NECESSARY REPAIRS TO LOAD AND/OR REMOVE. THE SELLER AND AUCTION COMPANY ARE UNABLE TO PROVIDE TOOLS.

SHIPPING: All Shipping and packaging, if any, shall be provided (INDEPENDENTLY) by The UPS Store, locally operated by Raechel Franklin at an additional cost. All items will be shipped with insurance at buyers expense. You must call 518-843-0550 to arrange shipping of your items once full payment has been received by the Auction Company. Local purchasers may pick purchases up as noted in Lot Description.

A Buyers Premium Scale PER ITEM will be assessed based on the following, which will be added to the high bid price. (This is in addition to your bid price).NOTE: ALTHOUGH BUYERS PREMIUM IS LISTED AT 22%, OUR STANDARD 4% BUYERS PREMIUM DISCOUNT IS STILL AVAILABLE FOR ONSITE CASH PAYMENTS AS IT HAS BEEN FOR MANY YEARS. JUST THE CONFIGURATION OF HOW IT IS CHARGED HAS BEEN REVISED.

$0 - $50,000 = 22% BP
$50,001-$75,000 = 21% BP
$75,001-$99,999 = 20% BP
$100,000 and Up = 19% BP

Applicable sales tax will be charged on all items. All sales are final. No refunds, credits or exchanges will be honored or issued. Item sold "AS-IS" and "WHERE-IS" with no warranty express or implied verbal or written. Solely Bidder as Purchaser responsibility for inspecting items before placing bids. All descriptions are provided for informational purposes only and are believed to be accurate, but in no manner are to be construed as guaranteed as completely accurate.  OPERATIONAL CONDITION OF ANY ITEM IS UNKNOWN, IT IS RECOMMENDED THAT YOU ATTEND THE INSPECTION TO THOROUGHLY INSPECT ALL ITEMS PRIOR TO PLACING ANY BIDS. AS STATED HEREIN, BIDS ARE BINDING ONCE PLACED AND MAY NOT BE WITHDRAWN, MODIFIED OR NEGOTIATED DURING OR POST AUCTION. DONT BID UNLESS YOU PLAN TO PAY. SALES ARE NOT SUBJECT TO POST AUCTION INSPECTION OR TEST DRIVE.

No Bid may be withdrawn for any reason once placed. 

Payment Terms:Full Payment is due within (3) days after auction closes. Payment must be made through your member area if paying via credit or debit card (NO AMEX) and payments via CASH ONLY may be made at the Auction Site and/or our office during scheduled removal period. Deviation from these Payment Terms may cause your account to be suspended and the item may be awarded to the backup-bidder, or re-listed. Bidders that do not pay and/or have not provided correct contact information for us to reach you will automatically have your credit card charged with the full amount due. You will also be assessed a 15% administrative fee, in addition to invoice amount due, if payment is not received within listed timeframe. Payment questions? Please Call: 518-895-8150 x 103

1. NOTICE: I, THE BIDDER AS PURCHASER UNCONDITIONALLY AND EXPRESSLY GRANT PERMISSION TO THE AUCTION COMPANY OR ITS REPRESENTAIVE(S) AS FOLLOWS: BIDDERS THAT DO NOT PAY AND/OR HAVE NOT PROVIDED CORRECT CONTACT INFORMATION FOR US TO REACH YOU WILL AUTOMATICALLY HAVE YOUR CREDIT CARD CHARGED WITH THE FULL AMOUNT DUE, PLUS A 15% ADMINISTRATIVE FEE, NOT AS A PENALTY, BUT AS LIQUIDATED DAMAGES TO THE SELLER AND AUCTION COMPANY

TAX EXEMPT PURCHASERS MUST complete a New York State ST-120 or ST-125 Form Available on the online auction and return to our office via fax: 518-895-8152 or email: service@collarcityauctions.com PRIOR TO THE AUCTION ENDING or be subject to applicable sales taxes. We will not make any exceptions. Send the form as required or pay the sales tax. Please do not send in AFTER AUCTION CLOSES and expect us to revise our completed records because you did not read this when registering, during bidding, in the lot description and now. We will, however, be happy to revise your invoice after the deadline for a $75.00 fee and will make revision once the revision fee has been received in full.

Auction Company and Seller are NOT responsible for providing tools, labor or heavy equipment to assist in removal or loading. Items left on premises after removal deadline will revert to possession of the Auction Company or Seller without refund.

Conduct of Strictly Online Auction: We use dynamic ending times for all on-line auctions. On-line auction ending times vary and will be extended by two-minute intervals if bids are placed during the last minute of the scheduled auction ending time. Such extension of the ending time of the auction will continue, in two-minute intervals, as long as active bidding continues. Once there are 120 seconds without any bidding, no further extensions will be given and the auction will end. ALL BIDS DO NOT CLOSE OUT AT ONE TIME, BUT IN GROUPS BEGINNING AT THE SCHEDULED CLOSING TIME LISTED FOR EACH LOT INDIVIDUALLY. This does not apply to Live Simulcast Auctions. See Terms for additional terms and conditions of sale. We reserve the right to offer lots in auction by both bulk/entirety bid or individual lots and method that generates highest sales prices is method of sale that will be utilized.

GENERAL QUESTIONS: email: service@collarcityauctions.com

Thank you for bidding. We appreciate your business.

Have merchandise to Sell? Email us today!

Location: 178 Columbia Turnpike, Rensselaer NY, 12144