RELEASED ON October 28, 2011
NYC Top Foreclosed Apartments by Lien Amount in 2011
Roxana Baiceanu | 2 minute read
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…
NYC All Foreclosures by Building Type
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 .
From left to right: 40 Bond Street #TH4, 17 West 64th Street #PHA (source: Halstead Property) and 528 La Guardia Place #4
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 | |
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POSTED IN: New York Foreclosures
Roxana is an associate editor with Multi-Housing News and Commercial Property Executive. In the past, she also created content for PropertyShark and Point2Homes’ blog pages. She also has 5 years of experience as a marketing copywriter.
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