131 Old Northport Road, Kings Park, NY 11754 - Suffolk County

Immediate Sale Ordered via Public Auction

3.88 ACRES ZONED HEAVY INDUSTRIAL

Rare Heavy Industrial Zoned Lot / Sold with Turn-Key Concrete Plant

Live Off-Site Auction

* Begins: Thursday, November 15, 2012 at 11:00 AM EST

* Location: Four Points Hotel, 333 South Service Road, Plainview, NY 11803

* Registration begins at 10:00 am.

* Inspection/Viewing: Mondays, November 5th and 12th from 11:00 am - 1:00 pm.

Details:

* 131 Old Northport Road, Kings Park, New York 11754

* County: Suffolk District: 800 Section: 42.00 Block: 1.00 Lot: 28.000

* Lot Size: 3.88 Acres

* Zoning: HI - Heavy Industrial

* 111' Frontage on Old Northport Road

* Property Sold With Concrete Plant (Turn-Key Opportunity)

* Improved with 3,000+/- Sq Ft Two Story Office/Control Center

* Property Class: 720 (Mine/Quarry)

* Annual Real Estate Taxes: $13,555.18

* Complete Recent DEC Records Available

* Property will be Sold Subject to Satisfactory Environmental Report by Purchaser (if desired). 2010 Phase I Attached for Convenience.

* $950,000 Opening Bid

Terms & Conditions of Sale: Property will be sold free and clear of all liens, claims & encumbrances. In order to register to bid, all prospective bidders must present a certified check in the amount of $95,000 made payable to "David R. Maltz & Co., Inc.". Closing must occur within 45 days after the auction. Successful Bidder shall be granted one 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'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 Successful Bidder.

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.

David R. Maltz, Auctioneer DCA# 762794

Richard B. Maltz, Auctioneer DCA# 1240836

David A. Constantino, Auctioneer DCA# 1424944

Richard B Maltz, Licensed Real Estate Broker

Phone (516) 349-7022 Fax (516) 349-0105