Professional Office Condominiums

Description

Bankruptcy Auction.  Multiple condominiums units located in a 3-story 57,700 SF Class B office building in the Parsippany submarket.  Bidders may bid on single units (ranging from 577 SF to 5,942 SF);  multiple units or the entirety (over 30,000+/-SF).  Some units are finished while others are still raw space.  Opportunity to subdivide larger units. Built in 1991, this building offers a sleek exterior design of polished granite and solar glass.  With plenty of parking this opportunity is excellent for either users or investors. Prime location on westbound Route 10, 1 mile from Route 202 intersection, at the junction of Powder Mill Rd across from Powder Mill Shopping Plaza. Convenient access to I-287, I-80 & Route 46. Only 50 minutes from New York City, 30 minutes from Newark and 10 minutes from Morristown.


Auctioneer will accept high bids, but all sales are subject to final approval by the United States Bankruptcy Court (In Re: LRG Realty, LLC. Case No: 14-25199).

Documents

Auction Information

Property Information

Leases & Service Contracts

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: See Summary Terms
  • Closing: See Summary Terms
  • Deposit Amount: See Summary Terms
  • Broker Co-op: See Summary Terms

Inspection

Thursday 9/11 & 9/18 from 11AM-2PM, By Appointment Only

Auction Information

Property Information

Leases & Service Contracts

* Requires confirmation of Online Agreement

  • Buyers Premium: See Summary Terms
  • Closing: See Summary Terms
  • Deposit Amount: See Summary Terms
  • Broker Co-op: See Summary Terms

Thursday 9/11 & 9/18 from 11AM-2PM, By Appointment Only

Auction Info:

  • Sold
  • Property Type
    Commercial
  • Property Location
    2740 Route 10 West
    Morris Plains, NJ 07950
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267

Jeremy Sandel