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In one of the first auctions of its kind in Manhattan, 5 condo units (2-bedroom) will be auctioned off on Sunday apparently without a reserve price at the new development ‘M127’ (127 Madison avenue at 30th street just north of Madison Square Park).

The original list price of these units apparently ranged from $1.6mm-$1.9mm, and on Sunday they will have a suggested starting price of $599,000.

Auction is Sunday, June 27 at The Roosevelt Hotel, 45 East 45th Street. Registration Begins at 11am Auction Commences at 12pm.

To learn more visit http://www.prusa.com/real-estate/view-property/m127

(Note: MadParkNews.com has no stake or involvement with these auctions. Do your own due diligence.)

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