Posted on: December 20, 2017 03:55 PM

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Bayside saw higher demand of auction of homes

On December 13 public auction at the Queens County court, the property, 45-58 204 Street in Bayside had minimum opening bid at $375,000. The highest bid went to $1,150,000 to a group of investors. The attraction at the court focus on location, location and location from the real estate motto. Astoria and Long Island City has the highest bid. One property in Floral Park, 83-51 263rd Street had the winning bid of $855,000 from the minimum open at $555,000. The auction is conducted by NYC when home owners fails to pay property taxes accumulated over the years as liens, abandoned after no estate will was listed and etc.