Real Estate to be Auctioned Sat. Oct. 7, @ 10 AM. Antiques, Toy Trains & more to be Auctioned after the Real Estate.
Parcel 1:
Real Estate Features: 16,000 Sq. Ft., four story Brick Hotel on 50’ x 120’ +/- Corner Lot! Now is your time to own the 16,000 Sq. Ft. Landmark Four Story Brick building in the Village of Solvay known as the “Pozzi Hotel” on 50’ x 120’ +/- Lot & revive it into its former glory! Complete with store, Bar/Restaurant and a walk-in Bank safe labeled “Geddes Savings & Loan Assoc.”! To be Auctioned with Parcel 2, an adjacent 50’ x 120’ +/- Parking Lot!
1st floor: Front entrance to old Restaurant and 2nd Entrance to Store area. Restaurant area w/Kitchen w/two counters, two under the counter SS sinks and SS units. Large wood Back Bar w/Mirror, Toastmaster* SS unit, marble top bar and front counter.
Ceramic tiled floors and Tin ceilings throughout. Elevator shaft but no elevator installed. Store area w/ceramic tiled floors was set up as an Auto parts store.
2nd floor: Three rooms rented. Wood floors and radiators in hallways.
Hallway w/Bathroom w/sink, shower and toilet.
3rd floor: Rooms 12-18 currently occupied w/no Kitchens and shared Hall Bathroom.
Room 22 has a Kitchen area w/sink, refrigerator, stove, lg. built-in antique cupboard w/11 doors and 8 drawers and a lg. room used as a bedroom. Damage to ceiling.
4th floor: Used as storage. Rooms 23-34 ceiling falling.
Outside front corner entry and rear inside stairs lead to Basement. Full Basement w/a storage room, an exercise room, Steam heat, Separate meters and a 50 gal. Nat. gas water heater.
Detached 20’ x 50’ brick garage w/Asphalt shingled roof. Flat Roof, Brick exterior and Small paved parking area. Public Water & Sewer. Built approx. 1916.

Parcel 2:
Real Estate Features: 50’ x 120’ +/- Parking Lot!
*Parcels to be Sold Together!!

Terms on Real Estate:
Bidding online via Proxibid: A $1.00 reversible authorization fee is required in order to obtain a bid number.
1. A 10% Buyer’s Premium (Aka Internet Premium) will be added to the final bid to obtain the Total Purchase price.
2. Upon being announced “sold” by the Auctioneer on Saturday, October 7, 2023, 10% of the Total Purchase price (Bid plus the 10% Buyer’s Premium) is due from the Purchaser and up to $10,000.00 of this will be immediately charged to a valid credit card (Visa, MasterCard, Discover or AMEX). The balance of said 1st payment is to be received in three Business days of Auction date with Cash, Check or Certified Funds at the address below.
3. An Additional 10% of the Total Purchase price is to be received at the address below, no later than five business days of Auction date, with Cash, Check or Certified Funds.
4. Brzostek’s Real Estate Auction Co., Inc. will send the Purchase Contract, Bidder’s Certification and all required Addendums and Disclosures via Docusign for the Purchasers electronic signature and should executed upon receipt. Upon completion, a copy will automatically be returned to the sender. Brzostek’s will forward copies to the Seller and Buyer Attorney. Balance is due upon Closing in or about 30-60 days. Transfer of Title by Executor’s Deed.
5. I acknowledge that I have read and agree to the items listed on the Bidder Certification Form which I will sign and will be returned with the Purchase Contract, Disclosures and Addendums which will be sent via Docusign.

Bidding at the Live Onsite Auction:
1. A 10% Buyer’s Premium will be added to the final bid to obtain the Total Purchase price.
2. Upon being announced “sold” by the Auctioneer on Saturday, October 7, 2023, 10% of the Total Purchase price (Bid plus the 10% Buyer’s Premium) is due from the Purchaser by Cash, Check or Certified funds.
3. An Additional 10% of the Total Purchase price is due in three business days with Cash, Check or Certified funds. These payments shall be mailed or delivered to the Address listed below.
4. The Purchase Contract will be executed immediately following the Auction along with required Addendums and Disclosures. Brzostek’s will forward copies to the Seller and Buyer Attorney. Balance is due upon Closing in or about 30-60 days. Transfer of Title by Executor’s Deed.
5. I acknowledge that I have read and agree to the items listed on the Bidder Certification Form which I will sign onsite at the live Auction.
6. 25% of Brzostek’s Commission to be paid to the NYS Lic. Real Estate Broker whose prospect successfully closes on the property. To qualify for a commission, the Real Estate Salesperson or Broker must register with Brzostek’s 48 hrs. prior to the Auction and attend the live onsite auction with their client. Brokers and Salespersons acting as principals are excluded from broker participation.

*Remit contract and payment to:
Brzostek’s Real Estate Auction Co., Inc.
80 Smokey Hollow Rd.
Baldwinsville, NY 13027

**All the information contained on our literature and website was obtained from sources believed to be correct but is not guaranteed. All announcements from the Auction block take precedence over any printed or advertised material. This property will be sold subject to any applicable Federal, State, and/or Local Government Regulations. All acreages, measurements, & other figures described in this flyer are approximate and, therefore, not necessarily to scale.
**Issuance of a bad check is a Class B misdemeanor under the Penal Law.
**Any stopped payment checks will be treated as a Breach of Contract and will be forwarded to our Attorney for Collection! Auction: #8395/23

Terms on Personal Property: Full payment due day of auction by Cash, Visa, MasterCard, Discover & Debit Cards. Checks w/Bank Letter of Guarantee. 15% Buyer’s premium. All items sold in "AS IS" condition. Subject to errors and omissions. Bring your own lunch.. Driver’s license required for bidding number. All statements made day of auction take precedence over printed material. Auction: #8395/23