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Auction Information
Auctioneer Absolute Auction and Realty (845) 635-3169
Auction Date Apr 17 Auction
Location
157 Court Street, 18th Floor
US Bankruptcy Court
New Haven, CT
Time 10:00AM
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Auction Listing
AuctionZip Auctioneer ID# 2025

To Be SOLD by Order of Bankruptcy Court

REAL ESTATE AUCTION
4 Properties Miry Brook Road, Danbury, CT

Property Description: Great Investment Opportunity! 4 separate parcels of real estate to be auctioned. 3 parcels at prime location on Miry Brook Road adjacent to Danbury Municipal Airport - DXR.

1) Sugar Hollow Road, AKA 7, 9, 13 Miry Brook Road, Improved industrial land, adjacent to Danbury Municipal Airport, 1.87+/- acres. ID# G180070000
Sells @ or Above $1.1 million
Click here for Property Information Packet

(The City of Danbury has asserted in pending legal proceedings the position that current use of the property is not authorized by current zoning regulations. See Sean Hearty, Zoning Enforcement Officer of the City of Danbury v. Carl Sayers et al)

2) 15 Miry Brook Road, Light industrial vacant land, 0.65+/- acres. ID# G180160000. Sells @ or Above $160K
Click here for Property Information Packet

(The City of Danbury has asserted in pending legal proceedings the position that current use of the property is not authorized by current zoning regulations. See Sean Hearty, Zoning Enforcement Officer of the City of Danbury v. Carl Sayers et al)

3) 25 Miry Brook Road, Cape Cod residence, mixed zoning industrial and residential on 1.10+/- acres. ID# F190110000. Starting Bid $270K
Click here for Property Information Packet
4) 38 Miry Brook Road, 1850 Farm style house, residential with potential commercial rezoning on 1.932+/- acres. ID# F190180000. Starting Bid $300K
Click here for Property Information Packet

Opportunity like this rarely comes to market. Act now! 5% Buyer’s Premium.
PREVIEW: Contact Listing Agent, Jennifer Mensler-Gableman 845-204-8252

Live & Online Auction Ending
Tuesday, April 17 @ 10:00AM
US Bankruptcy Court, 157 Court Street, 18th Floor, New Haven CT
(Bidders must be fully registered & approved by office. Internet bidders must have completed paperwork due by Monday, April 16 at 1PM to AARauctions.com office)

Property to be sold with Insurable Title – Free of Adverse Liens or Encumbrances at closing.
Ready, Get Set, BID! To prepare for the online only auction view photos online, review Property Information (see link above), line up financing and view parcel.

It's Easy to Bid!
1) Get a Username & Password at AARbids.com
2) Register for the Auction
3) Complete Internet Bidding Packet and you can participate.

ANNOTATED TERMS OF AUCTION: We have been contracted to sell this property at Public Auction. Get a Username & Password at AARbids.com, register for Internet bidding and bring/mail our ‘Internet Bidding Packet’ containing the ‘Terms and Conditions’ and Guaranteed Funds/Bank check payable to: Zeisler & Zeisler, P.C. Mail to: AAR, POB 1739, Pleasant Valley, NY 12569 – no exceptions, and you can participate. Complete your due diligence prior to bidding. If successful, an electronic “Contract for Purchase and Sale CT Real Estate” will be sent to you, sign contract, return and close transaction on or before May 17, 2018. Time is of the essence. Deposit will be refunded to unsuccessful bidders. Additional Terms: By Wednesday, April 18, 2018 @ 4PM by wire transfer or delivered guaranteed funds, the Buyer's Premium to be brought up to 10% of the total bid (Deposit and the remainder of the Down payment).

Deposit Requirement:
Sugar Hollow Road - $50,000 cash, bank check, wire transfer
15, 25, 38 Miry Brook Road – $25,000 cash, bank check, wire transfer (only 1 check needed to bid on all 3 properties)

Remember, the auction is the only game where you need to come in last to win!

 


AUCTIONEER'S NOTE:

The silent auction website has a “dynamic ending” feature; if someone “sniper bids” on a lot at the scheduled end of the auction, the system will extend the clock  two minutes to give everyone time to bid again. Get in on the fun! 


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