Auction Network® online real estate auctions
Need help? Call 866.921.2135
Live Ticker

161 Church Street, Amsterdam, NY 12010

Share it:
View Map
View Map
To
Directions From
Freestanding building with one drive-thru lane and teller in a predominately residential area of Amsterdam NY. Property also has a walk-in ATM area. Sufficient parking. Ideal for bank, food, convenience use. 4,704+/- sf. Built in 1962. Approx .38ac lot. Taxes approx $13,242 ('16). KeyBank PropertyID: 352218

Auctioned:
5:00 PM EDT Thursday, August 9, 2018

Auction Location:
2526 Broadway, Rotterdam, NY and Live Online

Open to the Public:
11-2pm Friday July 20 and August 3

Nominal Opening Bid:
$50,000

Note: A Buyer's Premium (Buyer's Fee in WI) will apply for this property. Buyer pays a $199 Technology Fee at closing. Please see Terms of Sale for details.

Legal Description:
ALLTHAT CERTAIN PLOT,PIECE OR PARCEL OF LAND, with the buildings and improvements thereon erected, situate, lying and being in the City of Amsterdam, County of Montgomery and State of New York, consisting of Five (5) Parcels, described as follows: Parcel #1 BEGINNING AT A POINT on the easterly margin of Reid Street S 53º 57' W. distant 48 feet from the intersection of the easterly margin of Reid Street and the southerly margin of Church Street, and running thence S. 53º 21'E, 120 feet, more or less, to a point on the westerly boundary line of the property owned by Slezak, which point is distant southerly S. 43º 38' W. 68 feet from the southerly margin of Church Street; running thence S, 43º 38' W. along the westerly margin of lands owned by Slezak19 feet, more or less, to a point in the lands of first parties and running thence E 47 º14' W. along the lands of first parties 120 feet to the easterly margin of Reid Street, being the point and place of beginning. Parcel #2 BEGINNING at a point formed by the Intersection of the Easterly line of Reid Street with the Southerly line of Church Street, running thence Easterly along said Southerly line of Church Street forty (40) feet; thence Southerly at right angles to said line of Church Street 62' 01 feet to the lands now or formerly owned by Edward Mullarkey; thence Westerly along said lands of Edward Mullarkey 33.19 feet to said Easterly line of Reid Street; thence Northerly along said easterly line of Reid Street forty-eight (48) feet to the point or place of beginning. Together -with a right of way which the said parties of the first part hereby grant, bargain, sell and convey onto the said party of the second part, its successors and assigns forever in and over a certain strip of land described as follows: Commencing at a point forty (40) feet distant from the corner formed by the Intersection of the Easterly line of Reid Street with the southerly line of Church Street, running thence south at right angles with Church Street 62.01 feet to the lands formerly owned by Edward Mullarkey; thence east along lands of said Mullarkey ten (10) feet plus to a line drawn, parallel to the first described line and ten (10) feet easterly therefrom; thence north parallel to the first described line to the southerly line of Church Street; thence west along the southerly line of Church Street ten (10) feet to the place of beginning. It being Intended by first parties to grant and convey to the second party its successors and assigns, a right of way from Church Street over and upon the strip of land immediately on the east of the premises hereby conveyed ten (10)feet in width and extending from the southerly line of Church Street to the lands formerly owned by Edward Mullarkey, deceased, for the use of said party of the second part, its successors and assigns, and their servants and tenants, at all times to freely pass and repass, on foot, with horses, oxen, cattle, beasts of burden, wagons, carts, sleighs, or other vehicles or carriages whatsoever, from Church Street, to have and to hold the some easement and privilege to the said party of the second part, Its successors and assigns forever; said right of way to be al all times kept open to the sky. Parcel #3 Commencing at a point in the easterly margin of Reid Street where the same was Intersected by a line drawn parallel to and three (3) feet distant southerly from the face of a brick building formerly known and designated as No. 6 Reid Street and once owned and occupied by Sam F. Hage and Frieda Hage, and running thence S 47º10' East along said line parallel to the aforesaid brick building fifty (50) feet; thence N. 43º 38' E. three and six-tenths (3.6) feet to the line of an old fence; thence S. 47º 10' E, about seventy-one(71) feet to the lands formerly of Mrs. John Charles; thence S. 43° 38' W, along said Charles lands a distance of approximately thirty-one (31) feet to a point; thence westerly through the lands of Ryba, grantor herein, to a point in the easterly margin of Reid Street; thence N. 43º 38' E, along the easterly margin of Reid Street twenty-eight and one-half feet, more or less, to the point or place of beginning. Parcel #4 PARCEL NO. 4a On the north by lands formerly of Mary Murphy (said Lands having been devised to said Mary Murphy by the Will of Edward Mullarkey, deceased) On the east by lands formerly of Mrs. Ann Charles; on the south by lands formerly of Mrs. Margaret Henry and on the west by Reid Street FOR INFORMATION ONLY; NOT INSURED: (And known as No. 6 Reid Street, Amsterdam, N.Y.) PARCEL NO. 4b: Beginning at point in the easterly margin of Reid Street where the same is intersected by a line passing through the center of central partition of the double dwelling house known as Nos. 4-6 Reid Street. The said point being the northwest corner of the property formerly of Mary Murphy; running thence from said point of beginning north 43º 38' east along the easterly margin of Reid Street 27.75 feet to an iron stake; thence S.47° 14' east along a line passing midway between the brick walls of the houses known as Nos. 4 and 2 Reid Street, 120 feet more or less to an iron stake and to the lands formerly owned by John Charles; thence south 43° 38' West along the lands formerly owned by Charles to the property formerly owned by Mary Murphy; thence westerly along the property formerly owned by Mary Murphy about 120 feet to the place of beginning. There is reserved herein to Mary Murphy, her heirs, tenants and assigns and persons having lawful business with them and this conveyance is made subject to a right of way and passage of men animals and vehicle on and over a strip of the within described lands laying on the most northerly part thereof , said strip of land extending along Reid Street and being 4.15 feet in width front and rear and extending easterly from the easterly margin of Reid Street 57.35 feet; and the said Mary Murphy does hereby grant and convey to Sam F. Hage, his heirs, tenants and assigns and persons having lawful business with them, a right of way and passage for men, animals, and vehicles, on and over a strip of land now or formerly owned by Mary Murphy, immediately adjoining the land hereby conveyed on the northerly side thereof ,said strip of land extending along Reid Street and being 4.15 feet in width front and rear and extending easterly from the easterly margin of Reid Street, 57.35 feet; It being the intention of the parties hereto to continue and convey the right of way already established by deed from Mary Murphy to Sam F. Hage dated September 27, 1919, and the parties of the first part do convey to the Second party the right of way so established, 8.30 feet In width and 57.35 feet deep, one half of which shall be on and over the lands hereby conveyed and one half on and over the lands now or formerly owned by Mary Murphy immediately adjoining ,the lands hereby conveyed, the easterly terminus of said right of way being a line parallel with Reid Street and 16 feet distant on the southerly end thereof, from the brick house located on the premises hereby conveyed and the center line of said right of way passing midway between the brick walls of the houses known as No. 4 and 2 Reid Street. PARCEL NO. 4c: Also all that other tract or parcel of land situate in the City of Amsterdam, County of Montgomery, State of New York, bounded and' described as follows; viz Commencing at a point in the easterly margin of Reid Street where the same is intersected by a line drawn parallel to and three feet distant southerly from the face of a brick building, known as No. 6 Reid Street formerly owned and occupied by Sam F. Hage and Frieda Hage; and running thence south 47° 10' east along said said line parallel to the face of said mentioned brick building fifty (50) feet; thence north 43° 38' east three and six-tenths (3.16) feet to the lands formerly owned by Margaret Henry and by Sam F. Hage and Frieda Hage; thence westerly along the southerly line of lands formerly owned by Margaret Henry and by Sam F. Hage and Frieda Hage,fifty (50) feet to the easterly margin of Reid Street thence southerly along the easterly margin of Reid Street to the point or place of beginning. PARCEL #5 Beginning at a point on the easterly property line of Reid Street, said point being, S 43 degrees 38 minutes W. eighty-one (81) feet from the intersection of the southerly property line of Church Street and the easterly line of Reid Street and proceeding thence N. 43 degrees 38 minutes E. For a distance of thirty-three (33) feet along the easterly property line of Reid Street to a point and proceeding thence S. 47 degrees, 14 minutes E. for a distance of one hundred and twenty (120) feet to a point, and proceeding thence S.43 degrees, 38 minutes W. for a distance of thirty-three (33) feet to a point and proceeding thence N. 47 degrees, 14 minutes W. for a distance of one hundred and twenty (120) feet along the lands of Sam F. Hage to the point and place of beginning. FOR INFORMATION ONLY; NOT INSURED: (The above described place and parcel to contain three thousand nine hundred and sixty (3960) square feet of land.) Together with a right of way over that portion of the lands now or formerly of Sam F. Hage being bounded and described as follows: Beginning at the aforementioned point and place of beginning on the easterly property line of Reid Street and proceeding thence S.47 degrees,14minutes E.for a distance of fifty-seven and thirty-five one-hundredths feet (57.33) along the lands of Mary Murphy(now deceased)to a point and proceeding thence S.43 degrees, 38 minutes W.for a distance of four and fifteen one-hundredths feet into the lands of Sam F. Hage to a point; thence N.47 degrees, 14 minutes W, for a distance of fifty-seven and thirty-five One- hundredths(57.35)on the lands ofSam.F.Hage to a point and proceeding thence N.'43 degrees, 38 minutes E.for a distance of four and fifteen one-hundredths feet(4.15)along the easterly property line of Reid Street to the point and place of beginning. FOR INFORMATION ONLY, NOT INSURED: Property Address: 161 Church Street, Amsterdam, New York 12010 S.B.L Number: 56.37-2-1 FOR INFORMATION ONLY; NOT INSURED: The above described right of way to contain two hundred and thirty- eight (238 square feet of land.

Disclosures:
Deed Restriction Disclosure. Buyer understands that Seller will convey a warranty deed to the Property that includes use restrictions. Buyer acknowledges receipt of deed restriction document titled 'Declaration of Restrictions' and agrees to accept the conveyance document that includes the terms, conditions and restrictions set forth therein.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

Buyer acknowledges receipt and acceptance of the following documents available on the Property webpage at williamsauction.com: Survey

Auction Network Terms & Conditions of Service
Auction Network, LLC
Terms & Conditions of Service

All properties are offered for auction by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Williams & Williams serves as the auctioneer and represents the owner of the property at auction. Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") provider for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service and the Auction Network Terms of Use located at the following URL: <https://www.auctionnetwork.com/terms-of-use,> as amended from time-to-time by posted notices or oral announcements made during any auction.

Auction and Sale Are Subject to Binding Terms & Conditions. You are registering to bid on the properties selected during the registration process, and your bid and the sale of the property are governed by the property specific Williams & Williams Contract for Sale, including all addenda, amendments, exhibits, disclosures (written and announced), and other documents attached thereto (together, the "Contract for Sale"), and the Sale Day Notes, Terms & Conditions of Sale, and Terms of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID UNLESS AND UNTIL YOU REVIEW THESE DOCUMENTS. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE CONTRACT FOR SALE, DISCLOSURES, SALE DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE AND TERMS OF SALE. In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale and Terms of Sale, the Williams & Williams Terms & Conditions of Sale and Terms of Sale shall control in each instance.

No Warranty or Guarantee. Auction Network has no authority to, and does not provide any, guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale and Terms of Sale, all properties auctioned are sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the seller and there are no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property to determine the suitability of each property prior to submitting a bid. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for a claim adjustment or cancellation of a sale. Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

Cancellation; Liquidated Damages. If the high bidder breaches any portion of these Terms & Conditions, the auction Terms of Sale, or the Contract for Sale and/or fails to return executed copies of all required documents or the required down payment, the bidder's high bid offer shall be rejected by the seller and all rights to purchase the property, if any, shall terminate with the seller having the right to offer for sale or sell the property to another without limitation, and the bidder shall pay Williams & Williams liquidated damages in an amount equal to the bid deposit held on bidder's credit card at the time of registration (regardless of whether the bidder actually processed the bid deposit). The bidder hereby authorizes Williams & Williams to charge the credit card used to register for the Event in the amount of the hold to satisfy all or part of the liquidated damages owed to Williams & Williams by bidder. BIDDER AGREES THAT IT IS EXTREMELY DIFFICULT OR IMPOSSIBLE OR IMPRACTICAL TO ACCURATELY ESTIMATE THE AMOUNT OR EXTENT OF WILLIAMS & WILLIAMS' ACTUAL INJURY OR DAMAGE RESULTING FROM A MATERIAL BREACH OF THIS AGREEMENT BY THE BIDDER AND BASED ON THE UNCERTAINTY OF SUCH ESTIMATION, THE BIDDER AGREES THAT LIQUIDATED DAMAGES IDENTIFIED HEREIN ARE A PROPER REMEDY FOR BIDDER'S MATERIAL BREACH OF THIS AGREEMENT. THE BIDDER FURTHER AGREES THAT THE LIQUIDATED DAMAGES AMOUNT SET FORTH HEREIN CONSTITUTES A REASONABLE AND SATISFACTORY PRE-BREACH ESTIMATION OF EACH PARTY'S DAMAGES, AND SHALL NOT IN ANY WAY BE CONSIDERED A PENALTY OR FORFEITURE.

Auctioneer Powers. The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive. Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

Governing Law. These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale and Terms of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

Internet & Network Disclaimer. Auction Network, Williams & Williams, and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

Williams & Williams Terms & Conditions of Auction
161 Church Street, Amsterdam, NY 12010

Registration at the auction confirms your agreement to the terms and conditions of sale as stated in the Contract for Sale and its Addenda (the 'Contract') which are incorporated by reference into your bidding. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.  High Bidder will be required to pay a Williams & Williams Technology Fee of $199 at closing.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium of 5% ($1,500 minimum) will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Each high bidder must make a 10% non-refundable deposit per property ($2,500 MINIMUM - whichever is greater) immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price, all closing costs and technology fee are due at closing. Closing costs generally total approximately $1,500 and include title exam, title policy, closing fee, filing costs and any other fees noted.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval. Most sales are approved within 14 days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

Disclosures:
Deed Restriction Disclosure. Buyer understands that Seller will convey a warranty deed to the Property that includes use restrictions. Buyer acknowledges receipt of deed restriction document titled 'Declaration of Restrictions' and agrees to accept the conveyance document that includes the terms, conditions and restrictions set forth therein.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

Buyer acknowledges receipt and acceptance of the following documents available on the Property webpage at williamsauction.com: Survey

Property Type:
N/A
Square Footage:
4,704+/- sf
Lot Size:
0.38+/- ac
Year Built:
1962
Property ID:
352218

Property is being offered by: Williams & Williams2448 E. 81st Street, Suite 2600, Tulsa, OK 74137800.801.8003

NY Broker: Philip R. Heiliger Re Lic 10311207661 Williams & Williams Re Lic 109911428

Live On Location
Live On Location
161 Church Street
Amsterdam, NY 12010
High Bid:
$95,000
High Bidder:
joebakh072758
Bidding Closed
Auctioned