Michael R. Franklin
Licensed Real Estate Broker
(o) 315-876-2262
Mike.Franklin@FranklinRuttan.com

Upstate New York Mansion

Binghamton, NY

 

Michael DeRosa
Licensed Real Estate Broker & Auctioneer
CNY Office 315.406.7355 NYC Office 212.757.1550
MichaelDeRosa@TheInternationalExchange.us

Property Address: 124 Crocker Hill Road, Binghamton, NY 13904, Fenton Township

Bidding portal.


Location: Nestled in a secluded setting of Fenton, New York, yet so convenient to downtown Binghamton, it's University, Hospital, and Airport which accommodates private jets.


Deadline to Place a Bid: Wednesday, October 20th, 2021 @ 6:00 PM EDT.

Approval of Property Showings: Property is available to registered bidders who have submitted proof of ability to purchase.


Property Showing Dates to Registered Bidders Only: Saturdays from 1-4pm on the following dates
9/11, 9/18, 9/25, 10/2,10/9, 10/16. Bidders must register 48 hours in advance of showing dates.

Bidding Begins at: $1,000,000

Bid Increments: $10,000

Bidding Deposit: 10% of bid.

How to Bid:

Bidders will need to register prior to submitting bids. Bids are to be submitted online. Online bidding is convenient and discrete, allowing Buyers to Bid from anywhere in the world. Financing of Purchase Price, Home Inspections, & Attorney Review of Purchase Contract conditions are options for Bidders.

Previously Listed for:
$2,950,000


Estimated Replacement Cost:
$7,500,000

Reason for Sale:

The Seller is relocating and doesn’t want its well persevered estate sitting empty. As a result, the auction has been scheduled to ensure the property is sold by a certain date.

There are no true comparables for this property, upon which to base a true appraisal. The auction process has been utilized for centuries to drive the highest sale price possible for Sellers of incomparable assets within a definitive time period.

 


  • Broker: Franklin Ruttan 1406 North State Street Syracuse, NY 13208
    (O) 315.876.2262 E-Mail: info@FranklinRuttan.com
    www.FranklinRuttan.com

  • MICHAEL DEROSA Exchange, LLC

  • Michael L. DeRosa, Licensed Real Estate Broker & Auctioneer
    The International Building 45 Rockefeller Plaza 20th Floor, Suite 2000 New York, NY 10111 Office: 212-757-1550
    P.O. BOX 391 Skaneateles, New York 13152 c. 315.406.7355 p. 315.685.7400
    7 South Marvine Avenue, Auburn, New York 13021
    MichaelDeRosa@TheInternationalExchange.us

     

    Brokers fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.

  • (c) 2020