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Posted: January 25, 2008
Sheldon Good & Co. to auction development site
Sheldon Good & Co. Auctions NorthEast LLC, one of the nation's premiere auction and brokerage companies, is holding an auction of one of the last remaining opportunities to acquire a significant assemblage of properties in prime downtown Brooklyn. The company will auction a spectacular 27,157 s/f development site in on February 14. This is a great opportunity for developers, as well as investors. The .62-acre site, represents an outstanding development opportunity, and is being offered in five contiguous parcels between Atlantic Avenue and Pacific Street, and between Boerum Place and Smith Street. This prime development site is located in an area experiencing significant development, including some immediately adjoining the site. The properties are being offered individually, in total or in any combination in a sealed bid format, subject to the following minimum bids: A cashier's or certified check in the amount of 5% of the total purchase price must accompany the bid, which must conform to the purchase agreement found in the Bidders Information Packet, obtainable through the auction company. Thursday February 14, at 4 p.m. will be the deadline for delivering the bids to: Sheldon Good & Company Auctions NorthEast, LLC. Attn: Brooklyn Land Project Manager, 18 E. 41st St., Suite 1600, New York, NY 10017.
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