Brooklyn Foreclosures

How to find pre-foreclosures in NYC feature

How to Find Pre-Foreclosures in NYC & Nationwide

Learn how to find pre-foreclosures efficiently and discover new opportunities.

Illustrative image how to find foreclosures NYC

How to Find Foreclosures in NYC & Nationwide

Learn how to find foreclosures, REOs and auction results efficiently to discover new opportunities.

3-Bedroom Home on 4,000 Square Foot Lot up for Auction in Midwood, Brooklyn

A 1,916 square-foot single-family home with full basement and two-car garage in south-central Brooklyn goes to auction on January 3, 2019, with a lien of $1,287,425. The auction is set for 2:30 PM at 360 Adams Street, Brooklyn, New York. The three-bedroom, 1,916-square-foot single-family home at 790 Argyle Road was purchased in November 2005 for…

3-Story Bushwick Home Heads to Auction with $1M Lien

3,900-square-foot three-families home in North Brooklyn goes to auction on December 6th, 2018 with a lien of just over $1 million. The auction will take place at 2:30 PM at 360 Adams Street, Brooklyn, New York. 1309 Gates Avenue in Brooklyn was purchased in 2007 for $815,000. First and second mortgages were taken on the…

2,600-Square-Foot Bed-Stuy Walk-up Heads To Auction

2,675-square-foot three-family walk-up set for auction on November 29, 2018 with a lien of $821,576. The auction is scheduled to take place at 2:30 PM at 224 Brooklyn, New York. The three-family walk-up at 554 Putnam Avenue was purchased in March 1985, but the first mortgage was secured in July 2000 through New Jersey Mortgage…

Headed to Auction: A 1930s Brick-Style Brooklyn Home in Dyker Heights

1,170-square-foot single-family home in Dyker Heights goes to auction on November 15, 2018 with a lien of $827,412. The auction will take place at 2:30 PM at 360 Adams Street, Brooklyn, New York. This single-family home in Brooklyn’s Dyker Heights, located at 7601 10th Avenue, was purchased in 1997. The owner took out a $380,000…

Bed-Stuy Brownstone On Its Way To The Auction Block

2,001-square-foot single-family home in Bedford-Stuyvesant goes to auction on November 8, 2018 with a lien of more than $750,000. The auction will take place at 2:30 PM at 360 Adams Street, Brooklyn, New York. The 2,001 square-foot single-family home at 757 Monroe Street in Brooklyn was purchased in 2007 for $600,000. The buyer took out…

Two-Bed Condo Set to Hit the Auction Block in Bed-Stuy

920-square foot condo in Bedford-Stuyvesant goes to auction October 4, 2018 with a lien of $486,023. The auction is scheduled for 2:30 at the Kings County Supreme Court, 360 Adams Street, Brooklyn, New York City. Unit G07, a 920-square foot unit in The Kent Building located at 970 Kent Avenue, was purchased in June 2006 for…

Brooklyn: Foreclosures Climb in the East and Home Price Gaps Deepen

Among headlines that crown Brooklyn as one of the most expensive real estate markets in the US and that announce record-breaking sales of luxury properties, PropertyShark’s 2016 foreclosure report revealed quite an intriguing trend: the number of new foreclosures in the borough has been steadily climbing for the past 5 years. We decided to investigate further and…

NYC Foreclosure Auction Postponed 23 Times

Settling a foreclosure case in the NYC courts can take a surprisingly long time, sometimes even more than 6 years.  A PropertyShark in-house analysis based on our foreclosure data indicates that certain NYC homes in distress have had their auction postponed more than 20 times. A postponed foreclosure auction can give homeowners more time to…

836 Prospect Place Brooklyn | Source: Architizer

Bidding War for Brooklyn’s 836 Prospect Place?

Well, we’re just speculating, but Brownstoner reports that 836 Prospect Place was auctioned two days ago for $810,000. That’s a whole lot more than the minimum bid of $500,000 at which the auction was supposed to start.

836 Prospect Place Brooklyn | Source: Architizer

NY State Is Selling at Auction a Landmark Brooklyn Townhouse

New York State Office of General Services will sell at public auction 836 Prospect Place, a landmark Crown Heights single-family home.

Chart: Foreclosure Process Length NYC

Foreclosure Process Length Doubles in NYC; Brooklyn Sees Lowest Rate of Properties in Lis Pendens Ending Up at Auction

The length of the foreclosure process has doubled in New York City over the past three or four years, an in-house study made by our data analysts showed. The average number of months it took for a delinquent mortgage to reach the final stage of the foreclosure process, that is to be scheduled for auction,…

Number of Brooklyn Properties bought at auction hit 3-year lows

According to PropertyShark.com records, only 55 properties were bought at auction in 2009 by investors or independent buyers in Brooklyn. That is 16.8% of the 326 properties successfully auctioned properties* at the Brooklyn courthouse. By comparison in 2008, 96 properties (19.7% of total) were bought by independent buyers, while in 2007 independent buyers bought 114…

Brooklyn foreclosures increased 27% from June 2009 but down 25% from July 2008

In the July Foreclosure Report, scheduled Brooklyn foreclosure listings increased 27% from June 2009 but were down 25% from July 2008. The only Brooklyn zip code in the top 15 for foreclosures in New York City was 11233 (Ocean Hill, Brownsville). See below for an interactive map of July Brooklyn foreclosure listings.

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