Old Westbury Builder Directs April 19th Auction

(Long Island, N.Y.) Owner/builder to sell real estate at auction Sunday April 19th 2pm. Bretton Woods of Yonkers NY has been retained to sell an extraordinary newly built approximately 6,100 sq. ft. colonial manor. This beautiful residence is located less than 20 minutes from Manhattan, on a 2.4-acre corner lot in prestigious Old Westbury, NY. It will be sold at Public Auction on April 19th. For a quick sale, the owner has slashed the original asking price of $2,849,000, to sell the property at or above the $1,800,000 minimum bid. 

This five bedroom five bath home has been built with intelligent CAT-5 wiring. Its soaring foyer has sweeping staircase to second floor, huge eat in gourmet kitchen, three fireplaces, balconies, oversized Jacuzzi, Anderson windows, the tongue and groove oak and tile floors. Property is located at 5 Steele Hill Road, Old Westbury NY. Interested parties are encouraged to attend open houses on Sunday April 5th, 2-4 and Sunday the April 19th, from 12 – 2. The property will be sold absolute, regardless of price, at or above the minimum bid of $1,800,000. Those wishing to bid are required to bring certified check in the amount of $25,000 to participate in this auction. Terms of auction, 20% down with closing in 60 days. 

Jack Welch former GE Chairman recently sold his home at auction. Auctions are becoming more popular as a first choice when selling high-end homes. The auction method may be the best determinant of market value since it brings together ready, willing, and able buyers to openly bid on the property.

Bretton Woods is a full service auction company specializing in the timely sale of real estate in a professional manner. Parties seeking additional information may contact a professional team member at 1-800-251-0746 or visit the website at www.1gavel.com.