B A N K R U P T C Y A U C T I O N

On Site - Regardless of Weather

2 FAMILY - INCOME PROPERTY

FRIDAY, MARCH 12, 2004, 10:00 a.m.

Inspection 9:30 a.m.

406-408 Furman St., Schenectady, NY

By Order of the United States Federal Bankruptcy Court, NDNY

Each flat has 2 bedrms; kitchen; LR; DR; front & rear porch.

Close to St. Claire's Hospital and Price Chopper IN 12^TH. WARD.

LOT SIZE: 33' X 175.4'

ASSESSED VALUE: $51,900.00

TAXES ID: S/B/L 49.44-2-16

TAXES - CITY & COUNTY: $2,266.66 SCHOOL $615.35 WITH STAR

DEED: Trustee's Deed Free & Clear.

TERMS: $3,500.00 down payment in cash or cashier's check made

payable to the BUYER plus 10 % Court Ordered Administrative Fee

in cash or personal check payable to CASH at "KNOCKDOWN". Balance

in full at closing on or about April 20, 2004.

DIRECTIONS: WEST ON STATE ST. (RTE. 5) FROM MRTE. 7 CROSSOVER, ONE BLOCK PAST McDONALD'S TURN RIGHT ON FURMAN AND PROCEED 2 BLOCKS TO SITE ON RIGHT.

BROKER PARTICIPATION INVITED - PHONE FOR DETAILS