733 Euclid Avenue, Syracuse

Property Location: 
733 Euclid Avenue
Syracuse , NY
County: 
Onondaga
Auction Date: 
Thursday, July 26, 2018
Minimum Bid: 
$95,000
733 Euclid Avenue, Syracuse, NY

733 Euclid Avenue is a former New York State group home located in the University District of Syracuse, New York. The property consists of a 2,648-square-foot, two-story, detached dwelling with off-street parking and porches on a .12-acre lot, and features nine bedrooms, two bathrooms, a full basement and a walk-up attic.

733 Euclid Avenue is proximate to Syracuse University and LeMoyne College. Student housing is predominant in the immediate neighborhood. Parks, schools, places of worship, public transportation, as well as service and support businesses are all found in the area.

Property Details
Property Location:
733 Euclid Avenue
Syracuse , NY
Region: Central New York
Property Ownership: The property is currently owned by the State of New York, by Deed dated August 15, 1946, from Anna E. Mulliner to the People of the State of New York and recorded in the Onondaga County Clerk’s Office in Liber 1246 of Deeds at page 1.
Tax Map ID: 46-10-24
Building/Property Description: 733 Euclid Avenue is a two-story dwelling, containing 2,648 square feet of gross building area. The building has nine bedrooms, two full bathrooms, a walk-up attic and a full basement.
Lot Size: 41' X 132' or .12 acre
Taxes:

State-owned real property is exempt from taxes. Prospective buyers should contact the local assessor for further information:

City of Syracuse Department of Assessment
Room 130, City Hall
Syracuse, NY 13202
Phone: 315.448.8280
Fax: 315.448.8190
Email: assessment@syrgov.net
Website: http://www.syrgov.net/Assessment.aspx

Zoning:
State-owned property is exempt from local zoning. However, the property is within an area designated as “Residential District, Class AA”.  Prospective buyers should contact the Syracuse Department of Zoning for further information:

City of Syracuse Department of Zoning
201 East Washington St., Room 500
Syracuse, NY 13202
Phone: 315.448.8640
Fax: 315.448.8621
Email: zoning@syrgov.net
Website: http://www.syrgov.net/Zoning.aspx

Utilities: Water, sewer, electric, gas, telephone
Easements: The property is subject to typical utility easements.
Environmental: Due to the age of the building, the potential for asbestos, lead paint and mold cannot be discounted. Prospective bidders should investigate the environmental condition of the premises as it relates to their own individual requirements for their proposed use(s). Reasonable accommodations will be made for access.

Open Houses

  • Wednesday, June 20, 2018 - 1:00 pm to 3:00 pm
  • Tuesday, June 26, 2018 - 1:00 pm to 3:00 pm
  • Thursday, July 12, 2018 - 1:00 pm to 3:00 pm
Auction Date & Time: Thursday, July 26, 2018 - 10:00 am
Registration Begins: 9:30 am
Auction Location:
Senator Hughes State Office Building, Main Hearing Room
333 East Washington Street
Syracuse , NY
Please note: The auction is NOT located at the property.
Minimum Bid: $95,000 - By Law, no lower bid can be accepted.
Deposit Required at Registration: $9,500
Terms: A deposit of $9,500 in the form of a certified check or bank draft (made payable to yourself) must be presented to register. The successful bidder will be required to endorse the deposit check to the “Commissioner of General Services.” If applicable, an additional nonrefundable amount will be required, which, together with the initial deposit, shall equal 10 percent of the successful bid. Said amount is to be paid no later than ten business days after notification of acceptance of bid. The balance of the purchase price is due 90 days after notification of acceptance of bid.
Broker Commission: A five percent broker commission will be paid by the State of New York to a qualified real estate broker who represents the successful bidder at the time of closing. The Bidder-Purchaser Affidavit and Broker Affidavit must be submitted to OGS Legal Services by 4:00 p.m. on Tuesday, July 24, 2018.
Special Requirements: Anyone acting as a representative of another person or corporation must verify such capacity in writing. The Authorization to Bid must be submitted to OGS Legal Services by close of business Tuesday, July 24, 2018.
OGS Land Management Contacts

The following persons from the OGS Bureau of Land Management may be contacted to help answer your questions and provide you with more information on this property.
Email: land.management@ogs.ny.gov
Phone: 518.474.2195

Michele Cwiakala
Laura Graham
Ralph Hill
Daniel Quinlan
Robert Van Deloo
Bethany Wieczorek

Frequently Asked Questions

Q: What is the best place to find out about upcoming auctions?
A: 1. Visit www.nysstore.com 2. Sign-up for Email Notifications 3. Follow the Office of General Services on Facebook @NewYorkStateOGS and Twitter @NYS_OGS
Q: When is the successful bidder required to submit their deposit and balance?
A: The successful bidder must endorse the deposit check (10% of the minimum bid) to the "Commissioner of General Services." If applicable, an additional nonrefundable amount will be required which, together with the initial deposit, equals ten percent of the successful bid price. That amount is to be paid no later than 10 business days after notification of bid acceptance. The balance of the purchase price is due 90 days after notification of bid acceptance.
Q: What is required to participate in an auction?
A: All bidders are required to bring a deposit check for 10% of the minimum bid in certified check or bank draft only, drawn on a bank or other financial institution authorized to do business in the State of New York, and made payable to themselves. The high bidder will endorse the deposit check to the "Commissioner of General Services." If applicable, an additional nonrefundable amount will be required, which, together with the initial deposit, equals ten percent of the successful bid price. That amount is to be paid no later than 10 business days after notification of bid acceptance. The balance of the purchase price is due and payable 90 days after approval of the Contract of Sale by the Office of the State Comptroller.   
Q: Is the property available to tour before the auction?
A: Depending on the property, open house dates may be scheduled. If no dates are listed, the property may be available for self-inspection or a scheduled tour. All information regarding open houses, self-inspections or scheduled tours can be found in the “Open House” section.
Q: Does New York State provide financing for these properties?
A: No, New York State does not provide financing for buyers. If you are interested in bidding on a property, prospective bidders are encouraged to contact a financial institution prior to the auction to obtain pre-contract credit clearance and borrowing guidelines. The property is being sold "as is."
Q: What are the requirements and terms if a broker is used?
A: See the Notice of Sale, in the "Legal Documents" section for each auction, as special terms and broker commissions may apply.