New York Foreclosures

Two-Family Row House Up for Auction in Middle Village

1,720-square foot two-family home in Middle Village, Queens goes up for auction on December 14, 2018 with a $430,000 lien. The auction will take place at 10:00 AM at 88-11 Sutphin Boulevard, Jamaica, New York. 66-11 74th Street in Middle Village, Queens is a two-family home built around 1930. It was inherited by its current…

Two-Story Row House Up for Auction in Queens

1,120-square-foot single-family home with full basement goes to auction December 14, 2018 with a lien of $285,464. The auction will take place at 10:00 AM at 88-11 Sutphin Boulevard, Jamaica, New York. The two-story row house home at 80-20 Park Lane South in Woodhaven was purchased in 2000, with a $167,200 mortgage taken from Crossland…

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…

Battery Park Condo Heads to Auction for Less than $550,000

695-square foot condo in Battery Park goes to auction November 28, 2018 with a lien of $545,728. The auction will take place at 2:00 PM at 60 Centre Street, New York City. 300 Albany Street Unit 9M was purchased in 2006 for $455,000 with a mortgage taken for $409,000. That mortgage was secured through MERS….

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…

Lower East Side Condo Hits the Block with Lien $400K Below Market Value

911-square-foot Nolita Place condo goes to auction on November 11, 2018, with a lien of more than $1.1 million. The auction will take place at 2:00 PM at 60 Center Street, New York City. 199 Bowery #4A, a 911-square foot condo in hip Nolita Place, was purchased in 2006 for $712,775. The owner took out…

26th Floor Luxury Condo in Central Midtown Headed for Halloween Auction

704 square-foot luxury condo in Midtown high-rise goes to auction October 31, 2018 with a lien of $878,217. The auction will take place at 2:00 PM at 60 Center Street, New York City. With Manhattan foreclosures at a record low, Central Midtown’s 117 East 57th Street #26G is a rare sight. Located in 57-story The…

One-Bed NoMad Condo Heads to Auction Again

688-square foot condo located one block from the Empire State Building goes to auction October 31, 2018 with a lien of $952,978. The auction will take place at 2:00 PM at 60 Center Street, New York City.   325 5th Avenue #11F was originally purchased for $809,508 back in 2006, with an acquisition mortgage of…

NYC Foreclosures Continue to Decline in Q3

Key takeaways: With only 716 unique cases, NYC foreclosures decreased 17% Y-o-Y; Queens had the most properties headed to the auction block in Q3: 303; First time foreclosures in Brooklyn stagnated Y-o-Y, the borough seeing only a -1% change; Year-over-year, the Bronx saw a 43% drop in foreclosure activity; With only 22 homes headed to…

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…

Foreclosure of the Week: Financial District Penthouse Up for Grabs at Auction

368-square-foot penthouse condo unit located in the Financial District goes to auction on October 10, with a lien of $451,098. The auction will take place at 2:15 PM at 60 Center Street, New York City. One of only a handful of Manhattan foreclosures, 20 West St #PH-F was purchased in May 2007 for $465,000. The…

Foreclosure of the Week: Philip Starck Condo Goes to Auction with $241K Lien

A 430-square-foot condo located in East Midtown’s Gramercy Park is scheduled for auction on October 3, 2018 with a lien of $241,024. The auction is scheduled for 2:00 PM at 60 Center Street, New York City. With a 13% drop in NYC lis pendens, and a 28% decrease in Manhattan foreclosures, a rare property is…

Foreclosure of the Week: LEED Gold Condo Unit Heads to Auction Again

1,190-square-foot condo in LEED Gold-certified high-rise goes to auction on September 26, with a lien in excess of $1 million. The auction will take place at 2:15 PM at 60 Center Street, New York City. With only 26 properties up for auction in Q2 2018, Manhattan foreclosures are a rare sight, especially with numbers trending…

Brooklyn Foreclosures Up 64% Y-o-Y, While Queens Sees 13% Decrease

Here are the key findings from our NYC Foreclosure Report for Q1 2018: 920 homes were scheduled for auction for the first time in Q1 2018, up 31% compared to Q1 2017 Brooklyn saw a 64% year-over-year increase in new foreclosure auctions New foreclosures in the Bronx went up 33% year-over-year, as 117 homes were…

NYC Foreclosures up 58% Y-o-Y in 2017, Reach Highest Level in 8 Years

Key findings 3,306 NYC homes were scheduled for auction in 2017, representing a 58% year-over-year increase Staten Island, up 134%, sees the most dramatic year-over-year increase In Brooklyn, first-time auctions doubled compared to 2016 Queens and the Bronx see increases of 40% and 44%, respectively 12,072 homeowners received a lis pendens filing in 2017, down…

New Foreclosures in NYC Up a Striking 79% in Q3 2017

Key highlights – Q3 2017 NYC Foreclosure Report NYC foreclosures up 79% year-over-year and down 6% compared to Q2 2017 All 5 boroughs saw new cases going up year-over-year New foreclosure cases in the Bronx increased a staggering 145% year-over-year After a peak in new cases in Q2 2017, new foreclosures in Brooklyn were down…

Foreclosed Homes in NYC Soar to 2009 Levels; Brooklyn Sees Dramatic 105% Y-o-Y Increase

Key takeaways NYC residential foreclosures up 42% Y-o-Y, soaring to levels not seen since Q3 2009 Foreclosed homes in Brooklyn climbed 105% Y-o-Y; 264 properties were scheduled for auction in Q2 2017 Staten Island sees number of foreclosure cases double compared to the same quarter of 2016; 105 homes were foreclosed in Q2 2017, while…

Updated: NYC Foreclosures Up 43% Year-over-Year in Q1

Note: This article was updated on July 7. The initial stats under-reported Q1 2017 foreclosure numbers due to an error in exporting data. Please check at the end of the article the corrections that were made to the original stats. Key takeaways New foreclosure cases in NYC were up 43% Y-o-Y in Q1 2017 Brooklyn…

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