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Zetabid Announces Public Real-Estate Auction of Six Continental Park Building Apartments in Queens, New York

HGBL | June 13, 2017

Zetabid Announces Public Real-Estate Auction of Six Continental Park Building Apartments in Queens, New York

Heritage Zetabid Realty & Auction Services, a division of Heritage Global Inc. (OTCQB:HGBL, CSE:HGP), today announced the sale at public auction of six apartments in the Continental Park building located at 87-10 51^st Avenue in Elmhurst, NY. The cooperative building is a private gated community with a lush garden in a park-setting that has recently gone through an extensive renovation and features sun-filled, spacious apartments and modern amenities.

The live auction will take place at 5:00 p.m. on June 26, 2017 in the community room of the building. Buyers may view auction details and pre-register at www.zetabid.com. The apartments range from studios to 2 bedroom / 1 bath units with terraces. Board approval of the buyer(s) is not required for the six remaining sponsor units being auctioned.

“The Elmhurst neighborhood continues to attract new residents across the five boroughs with its reasonable housing costs, quiet streets and close proximity to public transportation. The Continental Park building in particular has seen tremendous demand following its modern renovation by ABC Properties of New York. This auction represents a tremendous opportunity for buyers to fairly compete for these highly sought-after apartments,” says Michael Davin, Managing Director of Heritage Zetabid.

“Ideally located near public transportation and retail shopping, the Continental Park building offers unique blend of affordability and accessibility with exclusive amenities including a fitness center, a private tree-lined park, playground, residence lounge and a gorgeous contemporary lobby,” added Yael Goldman the listing broker from Nu Place Realty.

Broker cooperation is welcomed with a 2.5% fee available to qualified brokers. Showings are by appointment only. Please contact Yael Goldman at 516-238-0360 to schedule an appointment. For additional information, please visit www.zetabid.com.

About Heritage Zetabid Realty & Auction Services

Zetabid, a division of Heritage Global Inc. (OTCQB:HGBL, CSE:HGP), conducts auctions of estate homes and commercial real estate. Zetabid principals have sold a billion dollars’ worth of real estate including over 3,000 homes, numerous office, industrial, retail, multi-family and resort properties. Zetabid was initially founded by the Tribune Company (Los Angeles Times Media Group), DoveBid and CataList Homes.