3 NYC TAXI MEDALLIONS

Auction Date & Time

Auction: 1/29/2020

Registration: 1pm | Auction: 2pm

3 NYC TAXI MEDALLIONS

Asset Summary

Bidding Details

Bank Directed Auction

 

  • 3 New York City Taxi Medallions
  • Sold Fee & Clear of All Monetary Liens
  • Minimum Bids Only $90,000/Medallion

 

  • #1 & 2: Mini-Fleet Package
  • Medallion # 9M48
  • Medallion # 9M49
  • $180,000 Minimum Bid

 

  • #3:
  • Medallion # 1B76
  • $90,000 Minimum Bid

 

 

Lazer, Aptheker, Rosella & Yedid P.C., Attorneys for the Lender
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105

By delivering their respective Offers and/or Deposits, all Bidders acknowledge that they have had the opportunity to review and inspect the Medallions, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Medallions in making their bids. Neither Maltz, the Secured Party nor any of their collective representatives makes any representations or warranties with respect to the permissible uses, quantity or condition of the Medallions.  All Bidders acknowledge that they have conducted their own due diligence in connection with the Medallions and are not relying on any information provided by Maltz, the Secured Party, or their professionals.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer to determine the accuracy of all components of the sale and Medallions.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Medallions, including without limitation physical attributes of the Medallions.  All prospective bidders are urged to conduct their own due diligence prior to submitting an offer.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.