There were a total of 1,602 residential properties scheduled for auction in the first three quarters of 2011, 65% down from the same period in 2010. Among the analyzed property types, the number of apartments (co-op and condo units) comprised 52% of the foreclosures, while two-family dwellings accounted for 26% and the single-family residences for 22%.
Since the number of apartments in foreclosures represented the biggest percentage, we took a look at the properties with the highest lien amount in all five boroughs and put together a top 10 list .
40 Bond Street #TH4
At the top of the list we find the 3-bedrooms unit located at 40 Bond Street that was scheduled for foreclosure auction on September 21, with a lien amount of $6,868,664. The property is currently on the market, with an asking price of $7,500,000. The last sale recorded in 2008, when the unit was bought for $7,425,000 by an LLC.
17 West 64 Street #PTH A & #PTH B
In second place is the penthouse (units A and B) located at 17 West 64th Street. The place was scheduled for auction with a lien amount of $2,500,000. This penthouse is also listed for sale, with an asking price of $3,600,000, according to Halstead Property.
528 La Guardia Place #4
In third position is this West Village 3-bedrooms unit. The property had a lien amount of $1,679,823 and our records show that it was recently sold (July 6th) for $3,611,000, after a first asking price of $3,750,000 in April 2010.
Below is the complete list of the top 10 apartments with the highest lien amounts so far in 2011.
|NYC top 10 apartments with the highest lien amount in 2011|
|Address||Auction Date||Lien Amount|
|40 Bond Street #TH4||21-Sep-11||$6,868,664|
|17 West 64th Street #PHA||14-Feb-11||$2,500,000|
|528 La Guardia Place #4||6-Apr-11||$1,679,823|
|608 West End Avenue #1D||29-Jun-11||$1,500,000|
|329 West 108th Street #1B||11-Aug-11||$1,230,843|
|875 5th Avenue #2D||7-Sep-11||$1,174,624|
|3 Great Jones Street #2NDF||24-Jan-11||$1,000,000|
|401 East 89th Street #8G||16-Mar-11||$1,000,000|
|136 East 63th Street #4C||7-Sep-11||$970,243|
|441 Central Park W #19F||3-Feb-11||$867,175|