FOR
BANKRUPTCY CASE #03-60071
Friday
October
22, 2004 1:00
PM
Auction
to be held at the Genegantslet Golf Club on Route 12,
4
½ miles south of Greene, NY & 13 miles north of Binghamton.
SELLING
25 PROPERTIES OF ALL TYPES
IN
BROOME & CHENANGO COUNTIES
Including
(2) Mobile Home Parks
Large Manufacturing Facility
Sales Lots
Commercial Bldgs
Commercial
Property
Residential Property
Single Family Home, etc.
MEL MANASSE & SON
Licensed Real Estate Brokers & Auctioneers
Whitney Point, NY 13862
607-692-4540
/ 1-800-MANASSE
www.manasseauctions.com
We
welcome you to this great Real Estate Auction. This
auction presents to you a great opportunity to purchase a wide variety of properties.
Use
this catalog as a guide only. We make no
Warranties or Guarantees to the information provided.
Make sure you are comfortable and have done your own due diligence before bidding.
TERMS OF SALE
a. The premises shall be sold absolutely, free and clear of all encumbrances without warranty or recourse, subject to however,
i.
Restrictions and easements of record;
ii. Local
Laws, ordinances, and other legal restrictions or conditions which may affect the
premises, including but not limited to:
(A) Zoning
(B) Subdivisions;
(C) Sewage;
(D) Water; or
(E) Public Health
iii. Rights of the
public and others in and to any part of the premises that lies within the bounds of any
street, alley, or highway;
iv. Any statement of
facts that any accurate survey would disclose;
v. Any
redemption right of the United States, if any;
b.
Title insurance, if any is desired, shall be paid by the purchaser;
c. The
Successful Purchaser shall be required to pay all real property tax arrearage upon closing
to the appropriate taxing authority;
d. The
Premises shall be convey “AS IS” “WHERE IS” without representation or
warranty as to condition, habitability, existing tenancies and it is the responsibility of
each bidder to investigate all aspects of the parcel offered which he or she desires to
purchase;
e. The
parcels will be sold without contingencies or any other condition precedent;
f. Bidders:
Each proposed bidder shall be required to register with the Auctioneer prior to
commencement of the bid on that parcel upon which the bidder seeks to bid. Each bidder shall be assigned a Bidder Number.
g. The
Auctioneer shall determine the order of bidding in a manner designed to produce the
highest and best values for all of the properties as a whole;
h. The
Secured Creditor may credit bid on any or all of the offered parcels of real property up
to a collective total no greater than its allowed secured claim;
i. The
Secured Creditor may open the bidding on any of the properties offered;
j. Each
competing bid thereafter shall be accepted in minimum bid increments of One Thousand
($1,000) Dollars;
k. The
bidding shall continue until such time as no further higher bids are forthcoming and the
then highest bid shall be deemed by the Auctioneer as the Successful Bidder;
m. Upon the
selection of the Successful Bidder, the Successful Bidder shall execute all necessary
binding contracts identifying the parcel successfully bid on, the bid price and containing
the terms of sale to which the Successful Bidder shall be bound;
n. The
Successful Bidder shall be required at the close of the bidding of the particular parcel
to pay the Auctioneer to hold in escrow an amount equal to or in excess of Ten (10%)
Percent of the Successful Bid Price in cash or good check.
A receipt for the funds so paid shall be given to the Successful Bidder;
o. o. In the event that the Successful Bidder is not capable of delivering to the Auctioneer the required Ten (10%) Percent payment, that bid may be stricken and the Second Highest Bidder shall be declared to be the Successful Bidder;
p. p. The contracts of the Successful Bidders will be submitted to the Court for approval on the following motion date of October 28, 2004 for approval by the court;
q. q. The Successful Bidder shall be required to deliver the balance of the purchase monies for their parcel within Thirty (30) Days of October 28, 2004 when a Deed shall be prepared and ready for delivery;
r. r. The Successful Bidder shall not be entitled to any further notice of the closing of title. If the Successful Bidder fails to tender the balance of the purchase price within the described 30 day period, his bid may be stricken and the Second Highest Bidder will be offered the opportunity to purchase the parcel at their last bid price; the Successful Bidder’s 10% down payment shall be forfeit as liquidated damages to the Debtor’s estate;
s. s. The Costs of any tax imposed upon the transfer of the real property shall be deemed added to the purchase price and bourn by the purchaser; and
t. t. All sales are subject to the approval of the United States Bankruptcy Court for the Northern District of New York
SALE PARCEL #1 – Town of Greene, Sherman Road, Lot #55 –
6.035 Acres Vacant Parcel w/ 221.26 ft of road frontage on Sherman Road.
Beautiful building lot parcel of excellent views
*Town of Greene –
Chenango County – Tax Map ID# 237-2-55
SALE
PARCEL #2 – Town of
Greene, Sherman Road, Lot #29
–
5.137 Acres Vacant Parcel w/ 267.48 ft of road
frontage on Sherman Road.
Beautiful building lot
parcel w/ beautiful views.
*Town of Greene –
Chenango County – Tax Map ID# 237-2-29
SALE
PARCEL #3 – Town of
Greene, Sherman Road, Lot # 30 –
5.656 Acres Vacant Land
w/ 955.63 ft of road frontage on Sherman Road. (Note – Some of the frontage is on a
proposed road, not yet built) Beautiful building parcel w/ excellent views.
*Town of Greene –
Chenango County – Tax Map ID# - 237-2-30
From Greene at intersection of Rts 12
& 206, take Route 12 east ½ mile to left
onto Route 41 north. Proceed ½ mile to Right
onto Cummings Road, to 1st right to Greene Heights. Proceed ¼ mile to Sale Parcel #1 on right, other
2 lots further up on left, on Sherman Road.
Sale Parcels # 1, #2, &
#3:
Sherman Road, Lots 29, 30 & 55
SALE PARCEL #4 – Village / Town of Greene, 51
Cherry Street –
Plastics Manufacturing Facility w/
Offices.
Property is situated on
3 +/- Acres. Facility consists of approx
21,000 sq. ft. of manufacturing / production space. Plus,
has a beautiful 2nd floor Office Area of approx. 2,000 sq. ft. w/ 5 Offices.
Building is well equipped w/ cat walks, 6000 amps of Electrical Service ( In an
area of inexpensive Municipal Electric @
approx 2.8 cents per kilowatt hour). A real
nice facility w/ many possibilities.
Note – There will be,
in addition to the Purchase Price and Taxes Owed, A Charge for an Electric Transformer System of $15,931.18 to the Village of Greene, to
be paid by the Purchaser.
*Village of Greene – Chenango County – Tax Map ID# 237.13-2-22.2
Showings: Thurs 10/14 -
11AM-1PM & Mon 10/18 - 11AM-1PM
Commercial Vacant Land
Parcel of Approx 30 Acres. Vacant property, plus
3 Mobile Home Sites w/ frontage on Cherry Street.
*Village of Greene
– Chenango County – Tax Map ID# - 237-1-1.1
Greene Industrial Park Properties –
Approx 7.34 +/- Acres Commercial Vacant Property w/ road frontage
on Cherry Street.
*Village of Greene
– Chenango County – Tax Map ID# 237.13-2-22.1
From Route 12 in Greene, take Route 206
east approx ½ mile, over bridge to left on
Cherry St, go ½ mile to parcels.
SALE PARCELS #4, #5, & #6
SALE PARCEL #6
SALE PARCEL #7 – Town of Afton, Chenango
County, Route 7 –
Shop Building
66’ x 120’
Metal Shop Building situated on Approx 3.47 Acres w/ 760 +/- ft road frontage on NYS Route 7. Real nice building w/ concrete floors, overhead
doors, small office area. On a nice level,
hard lot – suitable for many uses.
Presently occupied /
rented for $1,000 per month.
*Town of Afton –
Chenango County – Tax Map ID # 285 – 1 – 32.32
SALE
PARCEL #8 – Town of
Colesville, Broome County,
29 McCoy Road (Just off Route #7)
–
Wooded Estates Mobile Home Park
Beautiful
Mobile Home Park w/ 76 Mobile Home sites for single and double wide mobile homes. Park is situated on 2 parcels combined –
being approx. 67 acres. Note – Mobile
Home Park is situated on approx. ½ of 15.8 Acre Parcel.
Park has much road frontage on McCoy Roads and NYS Route 7. Park is large enough that there is plenty of
room for expansion. A nice park w/ nice
homes. Mobile sites rent for $210 per month
each. Park has presently 73 occupied units. A great parcel!
Take a Look!
*Town of Colesville – Broome County – Tax Map ID # 082.04-1-17 & 18
Sell Together
Directions to SALE PARCEL #8 –Take
I-88 to Exit #5, Belden Hill Exit, to Route 7, go east 1 ½ miles to McCoy Road.
SALE
PARCEL #9 – Town of
Colesville, Broome County,
19
McCoy Road –
Vacant Land parcel
containing 7.7 +/- Acres. Parcel has no road
frontage, though parcel borders Sale Parcel #8.
*Town of Colesville – Broome County – Tax Map ID# 082.04-1-16
SALE
PARCEL #10 – Town
of Colesville, Broome County,
203
Pratt Road –
60 +/- Acres vacant land of 393 +/- ft of road
frontage on Pratt Road.
Nice recreational parcel both open & wooded. Take a Look!
*Town of Colesville
– Broome County – Tax Map ID# 083.00-1-6
SALE
PARCEL #11 – Town
of Colesville, Broome County,
2531 & 2543 NYS Route 7,
Harpursville, NY –
Sales Lot / Vacant Commercial Property
Two parcels consisting
of approx 9.8 Acres w/ 828 +/- ft of road frontage on NYS Route 7. Parcel has well & septic. A real nice open level land parcel suitable for most anything.
No permanent buildings will be selling with this parcel . Parcel has lot of good exposure. A great opportunity on this parcel. Less than 1 mile off I-88.
*Town of Colesville – Broome County – Tax Map ID#
100.02-1-15 & 17 Selling
Directions to SALE PARCEL #11
– Take I-88, Exit #6, to Route 7 west, ½ mile to parcel on right.
