HAUPPAUGE, N.Y. (CBSNewYork) — Dozens of Hurricane Sandy-damaged homes in Nassau County will soon have new owners.
First-time home buyers, investors and others looking for a bargain attended the auction at the Hyatt Regency Hotel in Hauppauge on Tuesday.
Families joined realtors, speculators and builders, some with cashiers’ checks in hand for damaged waterfront “McMansions,” inland bungalows and everything in between.
“These are not homes that are turn-key ready to move into,” Misha Haghani of Paramount Realty told CBS2’s Jennifer McLogan. “Anyone who buys these properties is going to have to do a lot of work to bring them up to code before they can live in them.”
Rebecca Sinclair of the governor’s Office of Storm Recovery said the highest bid was $525,000 for a property in Bellmore on the bay.
“It’s a four-bedroom, three-bathroom, raised ranch,” Sinclair said.
Bill Romeo of Massapequa paid $485,000 and got the house he wanted.
“There’s a beautiful piece of property next door. I said, ‘What the heck? We’ll take it and we’ll adjoin it to our house,'” Romeo told 1010 WINS’ Mona Rivera. “We’re going to make it a family compound and maybe down the road, who knows, we’ll build something on it.”