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Sealed bid sale with a minimum bid of $1, 450, 000 for this property. 34 Pitt Street is being sold by Joseph K. Qualey, Esq. as court-appointed receiver pursuant to this sealed bid process. All information and instructions can be found in the documents and notes section of the listing. Please read carefully and address any questions to the listing agent. Also note the property is being sold in As-Is condition, with NO representations or warranties from the seller or listing agent regarding the current condition of 34 Pitt Street. Further, the seller and the listing agent make no representation or warranties regarding the zoning or future use of 34 Pitt Street. The property measures . 22 acres and consists of 9, 435 sqft site and is improved with a 2, 820 sqft masonry building currently in shell condition. The building has been vacant since 2005 and suffers from significant deferred maintenance. Showings begin on Friday, January 9, 2026. Showings end on Friday, February 6, 2026.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,586 | $6,862 | $9,633 |
| Total Monthly Payment | $6,711 | $6,987 | $9,758 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.