NEW YORK CITY-A Midtown South property on a well-located corner is about to go on the auction block. On Aug. 28th, 251 Park Ave. South, a 16-story prewar commercial prewar property in the Flatiron neighborhood, at the northeast corner of 20th Street, will be sold at public auction by order of the Supreme Court of the State of New York .
Commercial real estate attorney Joshua Stein, acting as a court-appointed referee, will oversee the sale process. Open to the public, the proceedings will begin at 2:15 p.m. in room 130 of the New York State Supreme Court building, 60 Centre St., in Manhattan.
"This is a rare opportunity to purchase a property at auction in a prime Manhattan location, a few doors west of Gramercy Park,” says Stein in an announcement of the sale.
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