Bob & Sallie Connelly will conduct an onsite Auction of the Real Estate at 2117 State Highway 220, McDonough, NY 13801 on Saturday, October 9, 2010 at 1:00 pm with an Open House Sunday, September 12, 2010, noon to 4 pm and by appointment. The property is selling AS IS with a Warranty Deed. The minimum opening bid is $250,000 and the buyer’s premium is 10%.
Originally developed by FDR’s Civilian Conservation Corps, the 71 acre property, situated halfway between New York City and Buffalo, is classed "seasonal" with no utilities. With its own 10 acre kettle lake and 7000 acres of State forest surrounding it, it’s ideal for nature lovers, fishermen and hunters. It includes two small buildings that could be made serviceable, one with a wood stove and privy.
Located in Chenango County which has many active gas wells, and in the productive Marcellus shale formation, the property includes all gas and mineral rights, making it a potentially profitable acquisition.
Additional details, photos, and directions are available in the auction brochure (PDF: 571KB).
Bob and Sallie Connelly, whose business includes antiques, auctions, appraisals and an art gallery, have been conducting auctions in the Binghamton, NY area for more than 30 years.
For more information, visit the Connelly’s website: http://www.bobconnelly.com/