New York State Office of General Services (OGS) Commissioner RoAnn M. Destito today announced a public auction for state-owned property located at 1471 Teller Avenue in the Bronx will be conducted at 11 a.m. on Wednesday, September 29. The auction will take place at Residence Inn New York The Bronx At Metro Center Atrium, 1776 Eastchester Road, in the Bronx, with pre-registered bidder verification beginning at 10 a.m.

Complete details, including photos, legal and reference documents, and auction requirements, including required bidder pre-registration forms, can be found online at ogs.ny.gov/nysstore.

Description of 1471 Teller Avenue:

This 2,990-square-foot, two-story brick building is a former group living facility located within a zoning district that is designated R7-1: medium density residential. The first floor contains a living room, dining area, kitchen, laundry area, two bedrooms, and one full bath. The second floor has four bedrooms, two bathrooms, and a living room. The unfinished, walk-out basement is used as a mechanical room and storage space. The structure is connected to municipal water and sewer, natural gas, electric, and telephone.

Located in the Bronx’s Claremont neighborhood, 1471 Teller Avenue is situated across the street from New York City’s Claremont Park, which features an outdoor public pool, barbecuing areas, basketball and handball courts, playgrounds, baseball fields, and dog-friendly areas.

Property Inspections: 

Property inspections will be conducted by appointment only, with appointments available: 

• Wednesday, August 25, noon to 3 p.m.
• Thursday, August 26, 9 a.m. to noon
• Tuesday, September 14, noon to 3 p.m.
• Wednesday, September 15, 9 a.m. to noon
• Monday, September 20, noon to 3 p.m.
• Tuesday, September 21, 9 a.m. to noon

Those interested in scheduling an inspection of the property should contact:

• Laura Graham, email: Graham@ogs.ny.gov, phone (518) 473-1289
• Corey Landy, email: Landy@ogs.ny.gov, phone: (518) 402-2416
• Sandy Lewis, email: Lewis@ogs.ny.gov, phone: (518) 474.2195 

Minimum bid:

$380,000 ($38,000 deposit required to bid)

Terms of Sale:

The property is being sold “as-is.” Prospective bidders are encouraged to obtain professional advice prior to a public sale to ensure compliance with building codes and any planned use of the property. They are also encouraged to contact a financial institution before the auction to obtain pre-contract credit clearance and borrowing guidelines.

Bidders are required to submit an initial deposit in the form of a certified check or bank draft. Checks should be made payable to the bidder. An additional deposit to bring the total deposit to 10 percent of the bid price will be due within 10 business days after acceptance of the bid.

Bidder pre-registration information must be submitted to OGS Land Management by 4 p.m. on Friday, September 24.

The State of New York will pay a 2.5 percent broker’s commission to a qualified real estate broker who represents the successful bidder at the time of the closing. Broker and bidder affidavits must be submitted to OGS Legal Services by 4 p.m. on Friday, August 13.

OGS provides a broad range of support services that facilitate the operation of state government and assist local governments, public authorities, and public and private agencies. OGS offers numerous services to clients throughout the Empire State, including property management, design and construction, procurement, and various support services.