SoHo Loft with City Views Heads to Auction for Less Than Half Its Market Value
1,213-square-foot condo loft in elevator building goes to auction August 28, with a lien of less than $950,000. The auction is scheduled for 2:00 PM at 60 Centre Street, New York City. Unit 8A at 90 Prince Street was purchased by the defendant in 1999 along with Unit 7A. The latter was  separately sold in…
Three-Family Bed-Stuy Home Valued at $1.3+ Million Hits the Block with $470K Lien
3,000-square-foot three-family building goes to auction August 8, 2019 with a lien of $466,437. The auction is scheduled to take place at 360 Adams Street, Brooklyn, New York. Located within Brooklyn’s Bedford-Stuyvesant neighborhood, 537 A Quincy Street was purchased December 20, 2004 for $476,484. On the same day, the defendant took out a mortgage from…
Borough Park Home Hits Auction Block $645K Below Market Value
1,204-square-foot Borough Park home heads for auction in Brooklyn on August 15th, 2019 with a lien of $554,292. The auction is scheduled for 2:30 PM at 360 Adams Street in Brooklyn. 1940 52nd Street was purchased by the defendant in 2006 for $775,000. They have taken out three mortgages against the property including $417,000 from…
Three-Family Walk-Up Apartment Building in Corona is Headed for Auction
A three-family, two-story walk-up apartment goes to auction August 9, 2019 with a lien just over $750,000. The auction is scheduled to take place at 10:00 AM at 88-11 Sutphin Blvd, Jamaica, New York. 35-12 109th Street, in Corona, New York, was purchased in September 2003 for $478,000. On the same day, a mortgage was…
Prospect Heights 1-Bedroom Condo Goes to Auction for Less than $500,000
A 962-square-foot one-bedroom condo in Prospect Heights goes to auction August 1, 2019 with a lien of $479,834. The auction is scheduled at 2:30 PM at 360 Adams Street, Brooklyn, New York. Unit 5K is a one-bedroom, one bath condo located in the Richard Meier on Prospect Park building at 1 Grand Army Plaza. It…
One-Bed Rushmore Condo Up for Auction for Half Its Market Value
745-square-foot, one-bedroom condo in Lincoln Square goes to auction July 24, 2019 with a lien of $537,430. The auction is scheduled to take place at 2:00 PM at 60 Centre Street, New York City. Unit 9K in The Rushmore building located at 80 Riverside Blvd was purchased in 2012 for $950,000. In 2013 a mortgage…
NYC Foreclosures Drop 4% Y-o-Y, Pre-Foreclosures See a 13% Uptick – Q2 2019 Report
Key takeaways: NYC foreclosures decrease 4% year-over-year The Bronx sees the steepest drop in foreclosure activity, a 24% drop Y-o-Y Foreclosures only increased in Brooklyn (7%) and Staten Island (9%) In Queens, foreclosure cases dipped 9% year-over-year Lis pendens increased 13% Y-o-Y, and 31% Q-o-Q First-time foreclosures in New York City decreased 4% year-over-year, with a…
Three-Story Gowanus Property Heads to the Block with $1.8M Lien
3,600-square-foot, three-family Gowanus building goes to auction on July 25, 2019 with a lien of $1,158,750. The auction is scheduled to take place at 2:30 PM at 360 Adams Street, Room 224, Brooklyn, New York. 14 Saint Mark’s Place is a three-family that was last purchased in 2006 for $1,287,500. The buy was financed with…
One-Bed Luxury Condo Up for Auction in Financial District
662-square-foot condo in Financial District elevator building goes to auction June 26, 2019 with a lien of $575,758. The auction will take place at 60 Centre Street, New York City at 2:00 PM. Unit 809 in 20 Pine The Collection at 18-20 Pine Street, New York, NY, was bought in 2006 for $620,000. On the…
Queens Condo Goes to Auction $500K Below Market Value
1,003-square-foot Rego Park condo heads to auction June 28th with a $208,644 lien. The auction will take place at the Queens County Supreme Court, 88-11 Sutphin Boulevard, Room 25 at 10 AM. 97-12 63rd Drive #2B was initially purchased for $215,000 in 2004, with a same-day mortgage of $172,000 secured through MERS. There was another…
Setai Wall Street Condo with $300K Lien Heads to Auction
591-square-foot condo in Manhattan’s Financial District set for auction with a lien of $331,679. The auction will take place at 2 PM June 26, 2019 at 60 Centre Street, Room 130. Located in the prestigious Setai Wall Street luxury condominium tower, 40 Broad Street #24C was originally purchased in 2011 for $474,102. No mortgage was taken…
Midtown Penthouse Heads to the Block with $1.2M Lien
1,069-square-foot condo in Central Midtown elevator building is scheduled for auction with a lien of just over $1.2 million. The auction will take place June 19, 2019 at 2pm at 60 Centre Street, Room 130, New York City. Located in a condominium building designed by Rosario Candela, 40 West 55th Street #PHS was originally purchased in…
Foreclosure of the Week: 1,000-Square-Foot Chelsea Condo Heads to Early June Auction
1,001-square-foot condo in Chelsea elevator building is scheduled for auction on June 5, 2019 with a lien of just under $1 million. The auction will take place June 5th, 2019 at 2pm at 60 Centre Street, New York City. The one-bed, one-bath condo at 555 W. 23rd Street #N12D was purchased in 2006 for $1,211,717. The buyer…
Brooklyn Foreclosures Drop 22% in Q1 2019, Bronx Foreclosures Up 28%
Key takeaways: NYC first-time foreclosure cases decreased 5% in Q1 2019 In Q1 2019, Queens had the highest number of unique cases: 315 foreclosures The Bronx had the largest increase in foreclosure activity, with a 28% surge With a 22% drop, Brooklyn foreclosures decreased the most among the five boroughs NYC lis pendens decreased 13%…
How to Find Pre-Foreclosures in NYC & Nationwide
Learn how to find pre-foreclosures efficiently and discover new opportunities.
How to Find Foreclosures in NYC & Nationwide
Learn how to find foreclosures, REOs and auction results efficiently to discover new opportunities.
How to Conduct Due Diligence on NYC Foreclosures
Buying a foreclosure is by nature a risky business, and it’s easy for any buyer to end up over-paying for a property that is nothing like what they expected. The lack of information regarding the state of the property at the time of the auction can turn what seemed like a bargain into a money…
Hell’s Kitchen One-Bed, One-Bath Condo Headed for the Block
678-square-foot one-bedroom, one-bathroom, three-room condo is scheduled for auction February 23, 2019 with a lien of just over $790,000. The auction will take place at 2:00 PM at 60 Centre Street, New York City. 635 West 42nd Street Unit 7D is a 678-square-foot-condo that was purchased in December 2007 for $720,000. On the date of…
3-Bedroom Upper West Side Condo Set for $1M Auction
5 ½-room, 3-bedroom, 3-bathroom 1,351-square foot condo in Upper West Side elevator building is scheduled for auction on January 23, 2019 for a lien in excess of $1 million. The auction will take place at 2:00 PM at 60 Centre Street, New York City. Unit #10F at 100 West 93rd Street on Manhattan’s Upper West…
NYC Residential Foreclosures Are Stabilizing (Q4 2018)
Key takeaways Queens, with an 8% increase Y-o-Y, was the only borough to see an uptick in foreclosures: Closing Q4 with 178 cases, Brooklyn saw a 6% Y-o-Y drop The Bronx foreclosures plummeted 54%, with only 90 properties heading to auction in Q4 Staten Island first-time cases increased a whopping 269% quarter-over-quarter Lis pendens cases…
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