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Sale of Six (6) Residential Houses in New Rochelle, NY

Sale Information of Six (6) Houses in Rochelle, NY

Bankruptcy Auction:

The following residential houses located in New Rochelle, New York, either on or adjacent to the Iona College campus, are being sold to Iona College for a total purchase price of $5,000,000:

(i)           33 Beechmont Drive, New Rochelle, NY (Section 3, Block 1015 and Lot 14 of the Westchester County Tax Map);

(ii)         71 Beechmont Drive, New Rochelle, NY (Section 3, Block 15 and Lot 32 of the Westchester County Tax Map);

(iii)       21 Pryer Terrace, New Rochelle, NY (Section 3, Block 1024 and Part of Lot 21 of the Westchester County Tax Map);

(iv)        33 Pryer Terrace, New Rochelle, NY (Section 3, Block 1024 and Part of Lot 21 of the Westchester County Tax Map);

(v)          29 Montgomery Place, New Rochelle, NY (Section 3, Block 15 and Lot 58 of the Westchester County Tax Map); and

(vi)        53 Montgomery Place, New Rochelle, NY (Section 3, Block 15 and Lot 71 of the Westchester County Tax Map).

Pursuant to the Sale Procedures Order dated September 11, 2012, other parties are entitled to make a bid for any or all of the above Houses.  The Sale Procedures set forth the requirements for any potential bidder to become a Qualified Bidder.    

Bid Deadline: October 18, 2012, Noon (EST)

Auction Date (if Qualified Bids are received): October 29, 2012, 10:00 A.M.


Consideration of offers is subject to the Sales Procedures in the Procedures Order dated 9/11/12

Refer to documents linked below for further information.

Brokers must be paid by their client.

For more information, contact:

Scott S. Markowitz, Esq.
Tarter Krinsky & Drogin LLP
1350 Broadway, 11th Floor
New York, New York 10018
Tel:  (212) 216-8000
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Total Items: (5)


Docket No. Title Date Filed Size Email
  Sale Procedures Order 09/13/2012 21 KB
  Sale Procedures 09/13/2012 87 KB
  Purchase Agreement 09/13/2012 1 MB
  Notice of Auction 09/13/2012 90 KB
  Sale Motion 09/13/2012 163 KB

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