The Real Deal New York

Hamilton Heights penthouse to be auctioned

Bids start as low as $80K
December 13, 2013 04:39PM

Prospective buyers of a two-bedroom penthouse condominium in a bankrupt Hamilton Heights building need only $80,000 to be eligible to bid at an upcoming auction.

Plainview, N.Y.-based clearinghouse David R. Maltz & Co. plans to auction off the unit, at 458 West 146th Street, Between Convent Avenue and Amsterdam Avenue, in February. The 1,700-square-foot apartment has a 1,600-square-foot private rooftop terrace.

The unit last changed hands in 2007, for $1.2 million, not long after the eight-story unit building was converted from an early 20th-century carriage house, in 2006, according to Curbed. In 2011, a lien was filed against the home for $1.08 million.

A 5 percent premium will be added to the winning bidder’s price, Curbed said. The broker for the buyer will receive a 1 percent commission. [Curbed]Mark Maurer