{"id":25069,"date":"2026-07-08T14:55:40","date_gmt":"2026-07-08T11:55:40","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=25069"},"modified":"2026-07-09T11:32:11","modified_gmt":"2026-07-09T08:32:11","slug":"nyc-foreclosure-report","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/nyc-foreclosure-report\/","title":{"rendered":"2026 Q2 Foreclosure Report: Bronx Caseload Hits 7-Year High, Brooklyn &amp; Manhattan Slow to 4-Year Low"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\">Key Takeaways:<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NYC foreclosures decline 5% year-over-year (Y-o-Y), totaling 388 first-time cases in Q2 2026<\/li>\n\n\n\n<li>Citywide lis pendens rise 27% Y-o-Y to 1,831 filings, fueled by Brooklyn\u2019s increase<\/li>\n\n\n\n<li>Bronx foreclosure sector heats up to seven-year high to become second-most-active market in city\u00a0<\/li>\n\n\n\n<li>Brooklyn foreclosures drop to four-year low, but pre-foreclosures jump 44% Y-o-Y<\/li>\n\n\n\n<li>Yet again, Manhattan is slowest foreclosure market in NYC with filings down to post-moratorium lows<\/li>\n\n\n\n<li>Queens maintains lead with 140 first-time filings, Jamaica and Saint Albans concentrate highest number of foreclosures by neighborhood with 18 cases each<\/li>\n\n\n\n<li>Staten Island stands as the only borough with decreasing pre-foreclosures, contracting 19% Y-o-Y<\/li>\n\n\n\n<li>Single family homes drive city\u2019s foreclosure sector with 36% of cases<\/li>\n\n\n\n<li>NYC\u2019s foreclosure hotspot moves to zip 10469 in northeastern Bronx with 16 cases<\/li>\n<\/ul>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-a5cab021fb4c8cd16b2b98532829d2ac\" id=\"h-nyc-overview\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">NYC Overview<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-behind-5-citywide-decrease-the-five-boroughs-chart-disparate-paths\">Behind 5% Citywide Decrease, the Five Boroughs Chart Disparate Paths<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/New-York-City\/Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">New York City foreclosure market<\/a> closed the second quarter of the year with 388 first-time filings for a 5% Y-o-Y downtick. However, the mild changes observed at the city level hide more complex and often opposing trends at the borough level. In fact, the city\u2019s foreclosure sector is once again behaving less like one homogenous industry and more like five separate markets shaped by differing forces and trends.<\/p>\n\n\n\n<p>This time, the Bronx was the standout foreclosure market after closing Q2 with 109 first-time filings to mark the borough\u2019s most active quarter in seven years. This came as cases nearly doubled year-over-year, fueled by the rapid acceleration of mortgage foreclosures throughout the last year.<\/p>\n\n\n\n<p>What\u2019s more, this sharp increase made the Bronx the city\u2019s second-most-active foreclosure market. It was surpassed only by Queens, which logged 140 first-time cases after a 9% Y-o-Y increase. Cases also rose on Staten Island, but its 54 first-time filings remained just under its record-setting <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2026\/04\/15\/nyc-foreclosure-report-q1-2026\/\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2026\/04\/15\/nyc-foreclosure-report-q1-2026\/\">Q1 figures<\/a>.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:450px\" id=\"datawrapper-vis-etVJc\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/etVJc\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-etVJc\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/etVJc\/full.png\" alt=\"Chart showing Q2 2026 and Q2 2025 NYC foreclosures by borough and citywide.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>By contrast, foreclosures decreased in Manhattan and Brooklyn. Specifically, Manhattan cases fell by more than one-third to just 29 first-time filings to make Manhattan the slowest foreclosure market in the city <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2025\/07\/09\/ny-metro-foreclosure-report\/#NYC_Foreclosures_1\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2025\/07\/09\/ny-metro-foreclosure-report\/#NYC_Foreclosures_1\">yet<\/a><a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2025\/07\/09\/ny-metro-foreclosure-report\/#NYC_Foreclosures_1\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2025\/07\/09\/ny-metro-foreclosure-report\/#NYC_Foreclosures_1\" target=\"_blank\" rel=\"noreferrer noopener\"> <\/a><a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2025\/07\/09\/ny-metro-foreclosure-report\/#NYC_Foreclosures_1\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2025\/07\/09\/ny-metro-foreclosure-report\/#NYC_Foreclosures_1\">again<\/a>. Meanwhile, Brooklyn\u2019s caseload was more than halved to 56 unique filings, marking the slowest quarter for the borough <a href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2022\/07\/07\/nyc-foreclosure-report-q2-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">in four years<\/a>.<\/p>\n\n\n\n<p>That said, Brooklyn\u2019s slowdown may be temporary as lis pendens rose sharply to 644 filings to make it the city\u2019s pre-foreclosure leader, surpassing even Queens\u2019 617 cases. At the same time, pre-foreclosure activity was far lower in the other three boroughs with Staten Island filings even decreasing by nearly one-fifth.<\/p>\n\n\n\n<p>Notably, pre-foreclosures were on the rise in the Bronx, hinting at potential further increases in new foreclosures in the borough, while Manhattan remained the slowest pre-foreclosure market in the city, despite cases more than doubling. Overall, the city totaled 1,831 lis pendens for a 27% Y-o-Y increase in <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/New-York-City\/Pre-Foreclosures\">NYC pre-foreclosures<\/a>.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:450px\" id=\"datawrapper-vis-MwqyZ\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/MwqyZ\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-MwqyZ\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/MwqyZ\/full.png\" alt=\"Chart showing Q2 2026 and Q2 2025 NYC pre-foreclosures by borough and citywide.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-eb1ff73e6cb6f3202e0ae6c93f8636b9\" id=\"h-nyc-asset-types\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">NYC Asset Types<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-single-family-leads-but-co-op-filings-rise-to-25-of-nyc-s-total\">Single Family Leads, but Co-op Filings Rise to 25% of NYC\u2019s Total<\/h2>\n\n\n\n<p>Single family homes remained the dominant asset type for citywide foreclosures between April and June, continuing the property mix trend of the first three months of the year. However, the mix was more balanced in the second quarter with single family foreclosures accounting for 36% of new filings and two-family homes for 30%.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:526px\" id=\"datawrapper-vis-dMoxy\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/dMoxy\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-dMoxy\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/dMoxy\/full.png\" alt=\"Line chart showing the evolution of NYC foreclosures by asset type (single and two family homes, condos and co-ops) since Q2 2023.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Yet, even as the combination of single and two-family house foreclosures grew more balanced, co-op and condo foreclosures drifted further apart. More precisely, the number of condo foreclosures dropped by one-third compared to the same period last year to account for less than one in 10 new cases.<\/p>\n\n\n\n<p>For comparison, co-op foreclosures rose 10% to represent one-quarter of all NYC foreclosures in Q2, totaling 97 first-time filings. That increase originated from the uptick in co-op foreclosures in the Bronx.<\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-452410bee6a9d86d4d27ad5066b92760\" id=\"h-manhattan\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">Manhattan<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-manhattan-back-to-city-s-slowest-foreclosure-market\">Manhattan Back to City\u2019s Slowest Foreclosure Market<\/h2>\n\n\n\n<p>Following a 37% Y-o-Y drop, Manhattan closed the second quarter of the year with 29 first-time filings, accounting for just 7% of NYC\u2019s caseload. This returned Manhattan to the title of the city\u2019s least-active foreclosure market \u2014 a position it held for two years after the lifting of the pandemic foreclosure moratorium.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:462px\" id=\"datawrapper-vis-fmlcp\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/fmlcp\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-fmlcp\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/fmlcp\/full.png\" alt=\"Chart showing the quarterly evolution of Manhattan foreclosures since Q2 2022.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Seemingly by contrast, <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Manhattan\/Pre-Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">Manhattan pre-foreclosures<\/a> more than doubled after surging 115% Y-o-Y. Even so, its 142 lis pendens were still the lowest figure boroughwide, suggesting that Manhattan foreclosures may remain scarce, at least in the near future.<\/p>\n\n\n\n<p>The borough\u2019s muted foreclosure activity was also evidenced by its clusters: Lenox Hill overall totaled just seven first-time filings, but was nevertheless the borough\u2019s leading neighborhood for foreclosures. Of these, five were concentrated in zip 10065.<\/p>\n\n\n\n<p>Manhattan\u2019s muted foreclosure activity was also demonstrated by the fact that none of the city\u2019s priciest foreclosure sales in Q2 were Manhattan assets. Looking ahead, though, that may change. In Q3, the two most expensive foreclosures by lien amount headed to auction are Manhattan properties. One is a 2,633-square-foot condo at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/141260111\/432-Park-Ave-New-York-NY-10022\/\" target=\"_blank\" rel=\"noreferrer noopener\">432 Park Ave.<\/a> originally purchased for $21.16 million back in 2016. It\u2019s set to hit the block with a $12.19 million lien. The other is set to hit the block the same day with a $4.89 million lien tied to two merged co-op units at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/151456469\/40-E-80-St-New-York-NY\/\" target=\"_blank\" rel=\"noreferrer noopener\">40 E. 80<sup>th<\/sup> St.<\/a><\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-f514a432f453f9e65b1ab90351715cab\" id=\"h-top-5-upcoming-nyc-residential-auctions-by-lien-amount-q3-2026\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">Top 5 Upcoming NYC Residential Auctions By Lien Amount: Q3 2026<\/h5>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<table id=\"tablepress-375\" class=\"tablepress tablepress-id-375\">\n<thead>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><\/td><td class=\"column-2\"><\/td><th class=\"column-3\"><strong>Top 5 Upcoming Residential Foreclosures by Lien: Q3 2026<\/strong><\/th><td class=\"column-4\"><\/td><td class=\"column-5\"><\/td><td class=\"column-6\"><\/td>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><strong>Rank<\/strong><\/td><td class=\"column-2\"><strong>Borough<\/strong><\/td><td class=\"column-3\"><strong>Address<\/strong><\/td><td class=\"column-4\"><strong>Lien Amount<\/strong><\/td><td class=\"column-5\"><strong>Auction Date<\/strong><\/td><td class=\"column-6\"><strong>Occurrence<\/strong><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\">Manhattan<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/141260111\/432-Park-Ave-New-York-NY-10022\/\">432 Park Avenue #81A<\/a><\/td><td class=\"column-4\">$12,187,850<\/td><td class=\"column-5\">7\/21\/2026<\/td><td class=\"column-6\">rescheduled<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\">Manhattan<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/151456469\/40-E-80-St-New-York-NY\/\">40 East 80th Street #17B-18B<\/a><\/td><td class=\"column-4\">$4,893,895<\/td><td class=\"column-5\">7\/21\/2026<\/td><td class=\"column-6\">rescheduled<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/419475\/67-31-47-Ave-Queens-NY-11377\/\">67-31 47th Avenue<\/a><\/td><td class=\"column-4\">$1,703,413<\/td><td class=\"column-5\">7\/24\/2026<\/td><td class=\"column-6\">first-time<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\">Brooklyn<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/337542\/3402-Avenue-K-Brooklyn-NY-11210\/\">3402 Avenue K<\/a><\/td><td class=\"column-4\">$1,531,800<\/td><td class=\"column-5\">7\/23\/2026<\/td><td class=\"column-6\">rescheduled<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\">Brooklyn<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/435437\/85-30-67-Rd-Queens-NY-11374\/\">85-30 67th Road<\/a><\/td><td class=\"column-4\">$1,401,209<\/td><td class=\"column-5\">7\/24\/2026<\/td><td class=\"column-6\">first-time<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-4a26df603ec5589a39e961f3311c378c\" id=\"h-brooklyn\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">Brooklyn<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-brooklyn-hits-4-year-low-after-caseload-gets-halved\">Brooklyn Hits 4-Year Low After Caseload Gets Halved<\/h2>\n\n\n\n<p>Following an unusually slow first quarter, the <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Brooklyn\/Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">Brooklyn foreclosure market<\/a> decreased an additional 10% quarter-over-quarter, totaling a mere 56 first-time filings between April and June. That also represented a 57% Y-o-Y decrease, which brought the borough down to the depressed activity last seen four years ago in the immediate aftermath of the end of the foreclosure moratorium.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:462px\" id=\"datawrapper-vis-C1S2I\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/C1S2I\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-C1S2I\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/C1S2I\/full.png\" alt=\"Chart showing the quarterly evolution of Brooklyn foreclosures since Q2 2022.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>The Bronx had nearly twice as many first-time filings in Q2, and even Staten Island totaled only two fewer cases than Brooklyn. However, the borough\u2019s slowdown may be merely temporary glitch: <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Brooklyn\/Pre-Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">Brooklyn pre-foreclosures<\/a> rose 44% Y-o-Y to total 644 filings and surpass Queens\u2019 lis pendens volume.<\/p>\n\n\n\n<p>It\u2019s worth noting here that Brooklyn\u2019s uncharacteristic foreclosure performance was further reinforced by its foreclosure hotspot, zip 11201, which supplied nine first-time cases from the area covering parts od Vinegar Hill, DUMBO, Brooklyn Heights, Downtown Brooklyn, Boerum Hill and Cobble Hill. Of these nine cases, eight originated in just one <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/121359\/251-Pacific-St-Brooklyn-NY-11201\/\" target=\"_blank\" rel=\"noreferrer noopener\">Boerum Hill building<\/a>, all of which are tied to common charge liens.<\/p>\n\n\n\n<p>By comparison, in the last two years, Brooklyn foreclosures tended to cluster in zip 11236 in the Canarsie and East Flatbush area, whereas zip 11220 in the Sunset Park and Bay Ridge area led in 2023.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-eb2dfb540361555aca7ba2b848bf951b\" id=\"h-queens\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">Queens <\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-queens-remains-city-s-lead-foreclosure-market\">Queens Remains City\u2019s Lead Foreclosure Market<\/h2>\n\n\n\n<p>Like almost always, the <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Queens\/Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">Queens foreclosure market<\/a> was the city\u2019s most active with 140 first-time filings, 9% more than during the same period last year. At the same time, <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Queens\/Pre-Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">pre-foreclosures in Queens<\/a> rose 17% Y-o-Y to total 617 lis pendens filings.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:462px\" id=\"datawrapper-vis-SvjPj\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/SvjPj\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-SvjPj\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/SvjPj\/full.png\" alt=\"Chart showing the quarterly evolution of Queens foreclosures since Q2 2022.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>In terms of foreclosure clusters, the borough\u2019s southeastern area near JFK saw the most activity, as has often been the case in recent years. Specifically, zip 11412 in Saint Albans had the borough\u2019s highest concentration of first-time filings with 15 unique cases. Meanwhile, the entirety of Saint Albans logged 18 foreclosures, tied with Jamaica\u2019s 18 cases. These two areas claimed the city\u2019s highest neighborhood-level concentration of foreclosures, although the Bronx led in terms of zip code clusters.<\/p>\n\n\n\n<p>Jamaica was also the setting for one of the most expensive foreclosures of the previous quarter: <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/654351\/150-15-123-Ave-Queens-NY-11434\/\" target=\"_blank\" rel=\"noreferrer noopener\">150-15 123<sup>rd<\/sup> Ave.<\/a> hit the auction block in early June with a $963,000 lien before the 1,593-square-foot, two-family frame home reverted to the lender. But this wasn\u2019t the borough\u2019s priciest foreclosure to hit the block in Q2. Rather, it was a 1,750-square-foot <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/779770\/182-16-144-Ave-Queens-NY-11413\/\" target=\"_blank\" rel=\"noreferrer noopener\">two-family home<\/a> in Rochdale, which went to auction with a $976,000 lien. It, too, reverted to the lender.<\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-41c9f7c7cdaa5bab133468f417ede7f1\" id=\"h-top-5-nyc-residential-auctions-by-lien-amount-q2-2026\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">Top 5 NYC Residential Auctions by Lien Amount: Q2 2026<\/h5>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<table id=\"tablepress-376\" class=\"tablepress tablepress-id-376\">\n<thead>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><\/td><td class=\"column-2\"><\/td><th class=\"column-3\"><strong>Top 5 Residential Foreclosures by Lien: Q2 2026<\/strong><\/th><td class=\"column-4\"><\/td><td class=\"column-5\"><\/td><td class=\"column-6\"><\/td>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><strong>Rank<\/strong><\/td><td class=\"column-2\"><strong>Borough<\/strong><\/td><td class=\"column-3\"><strong>Address<\/strong><\/td><td class=\"column-4\"><strong>Lien Amount<\/strong><\/td><td class=\"column-5\"><strong>Auction Date<\/strong><\/td><td class=\"column-6\"><strong>REO<\/strong><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\">Brooklyn<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/198508\/91-Stanhope-St-Brooklyn-NY-11221\/\">91 Stanhope Street<\/a><\/td><td class=\"column-4\">$1,223,925<\/td><td class=\"column-5\">7-May-26<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\">Brooklyn<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/349706\/1719-E-51-St-Brooklyn-NY-11234\/\">1719 East 51st Street<\/a><\/td><td class=\"column-4\">$1,139,863<\/td><td class=\"column-5\">2-Apr-26<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/779770\/182-16-144-Ave-Queens-NY-11413\/\">182-16 144th Avenue<\/a><\/td><td class=\"column-4\">$976,275<\/td><td class=\"column-5\">10-Apr-26<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/654351\/150-15-123-Ave-Queens-NY-11434\/\">150-15 123rd Avenue<\/a><\/td><td class=\"column-4\">$962,522<\/td><td class=\"column-5\">22-May-26<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\">The Bronx<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/83729\/2331-Yates-Ave-Bronx-NY-10469\/\">2331 Yates Avenue<\/a><\/td><td class=\"column-4\">$880,954<\/td><td class=\"column-5\">11-May-26<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-17ee3aa77d2adda7a01142654c236c76\" id=\"h-the-bronx\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">The Bronx<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bronx-foreclosures-nearly-double-hit-7-year-high\">Bronx Foreclosures Nearly Double, Hit 7-Year High<\/h2>\n\n\n\n<p>Coming hot on the heels of the borough\u2019s most active post-pandemic quarter, the second quarter of this year was another record-setting one for the Bronx, which totaled 109 first-time foreclosures \u2014 the highest number in more than seven years. Not only that, but it also made the <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Bronx\/Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">Bronx foreclosure market<\/a> the second-most active in the city, surpassed by Queens alone.<\/p>\n\n\n\n<p>Additionally, this dynamic of Queens leading and the Bronx following as the runner-up has not been seen in nearly 10 years, when it was more typical during the city\u2019s 2016 and 2017 foreclosure markets.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:533px\" id=\"datawrapper-vis-CWbOT\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/CWbOT\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-CWbOT\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/CWbOT\/full.png\" alt=\"Line chart showing the quarterly evolution of Bronx foreclosures since Q1 2016.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>This positioning is even more notable considering the size and ownership gap between the two boroughs: the Bronx has around 583,000 housing units and a 20% homeownership rate, whereas Queens has some 935,000 housing units and a 45% ownership rate, per the <a href=\"https:\/\/www.osc.ny.gov\/reports\/homeownership-rates-new-york\" data-type=\"link\" data-id=\"https:\/\/www.osc.ny.gov\/reports\/homeownership-rates-new-york\" target=\"_blank\" rel=\"noreferrer noopener\">New York State Comptroller<\/a>.<\/p>\n\n\n\n<p>The Bronx\u2019s latest foreclosure performance was the result of a 91% Y-o-Y increase in first-time filings that were overwhelmingly driven by single family mortgage foreclosures in the borough. Namely, foreclosures of Bronx single family homes rose sharply during the last year, going from just 32 cases in Q3 2025 to 57 in the first three months of this year and 79 first-time filings in the second quarter.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:475px\" id=\"datawrapper-vis-cEUxs\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/cEUxs\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-cEUxs\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/cEUxs\/full.png\" alt=\"Pie chart showing foreclosure types in the Bronx in Q2 2026.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Co-ops made up an additional 18 cases in Q2, contributing to NYC\u2019s 10% Y-o-Y increase in co-op foreclosures. Granted, seven of these were common charge foreclosures clustered at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/44107\/800-Grand-Concourse-Bronx-NY-10451\/\" target=\"_blank\" rel=\"noreferrer noopener\">800 Grand Concourse<\/a> \u2014 the only building in the borough to supply more than two foreclosures in the second quarter.<\/p>\n\n\n\n<p>Otherwise, cases were peppered throughout the borough with a dense, 16-foreclosure concentration in zip 10469, which covers parts of Allerton, Baychester, Laconia, Pelham Gardens and Williamsbridge. Zip 10469 also supplied the borough\u2019s priciest foreclosure auction in Q2: <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/83729\/2331-Yates-Ave-Bronx-NY-10469\/\" target=\"_blank\" rel=\"noreferrer noopener\">2331 Yates Ave.<\/a> in the zip\u2019s Allerton area hit the block in late May with an $881,000 lien. Many of the zip\u2019s cases were supplied by Williamsbridge, which tied with Throggs Neck as the borough\u2019s most active neighborhoods for foreclosures, each originating 10 first-time filings. \u00a0<\/p>\n\n\n\n<p>Likewise, <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Bronx\/Pre-Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">Bronx pre-foreclosures<\/a> were also on the rise, although nowhere near the scale of foreclosure increases. Specifically, pre-foreclosure filings in the borough rose 29% Y-o-Y to total 266 lis pendens.<\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-966855e1fd2489888c1030ee847f3b55\" id=\"h-staten-island\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">Staten Island<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-staten-island-foreclosure-market-heats-up-to-14-quarter-high\">Staten Island Foreclosure Market Heats Up to 14-Quarter High<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Staten-Island\/Foreclosures\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/mason\/NY\/Staten-Island\/Foreclosures\">Staten Island <\/a><a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Staten-Island\/Foreclosures\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/mason\/NY\/Staten-Island\/Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">foreclosure <\/a><a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Staten-Island\/Foreclosures\" data-type=\"link\" data-id=\"https:\/\/www.propertyshark.com\/mason\/NY\/Staten-Island\/Foreclosures\">market<\/a> finished the second quarter with 54 first-time filings. While that represented a 13% Y-o-Y increase, it was still below the borough\u2019s 14-quarter high from the start of the year. Still, the first two quarters of 2026 had almost as many foreclosures as the entirety of the previous year: 112 filings versus 139.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div style=\"min-height:462px\" id=\"datawrapper-vis-rATqJ\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/rATqJ\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-rATqJ\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/rATqJ\/full.png\" alt=\"Chart showing the quarterly evolution of Staten Island foreclosures since Q2 2022.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Although the start of the year saw Staten Island\u2019s 11314 Mid-Island zip tie with two Queens locations as the city\u2019s foreclosure hotspots with 12 cases each, Q2 was more muted. Specifically, zip 11312 led the borough, clustering nine new foreclosures in the Arden Heights, Annadale, Woodrow, Huguenot and Eltingville areas. However, Great Kills was the borough\u2019s most active neighborhood for foreclosures with five first-time filings.<\/p>\n\n\n\n<p>Finally, in terms of lis pendens,\u00a0<a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/Staten-Island\/Pre-Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">Staten Island pre-foreclosures<\/a>\u00a0went against the grain after contracting 19% Y-o-Y to 162 filings. Only Manhattan logged fewer pre-foreclosure filings. Notably, Staten Island was the only NYC borough to see lis pendens trend down in Q2.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-97ec6e38b93bbadd895988572d36ae1a\" id=\"h-data-snapshot-all-boroughs\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\">Data Snapshot: All Boroughs<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-q2-2026-nyc-foreclosures-amp-pre-foreclosures-by-borough\">Q2 2026 NYC Foreclosures & Pre-Foreclosures by Borough<\/h2>\n\n\n\n<div style=\"min-height:281px\" id=\"datawrapper-vis-Ty2mc\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/Ty2mc\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-Ty2mc\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/Ty2mc\/full.png\" alt=\"Table showing Q2 2026 and Q2 2025 NYC foreclosures, pre-foreclosures and their year-over-year change by borough and citywide.\" \/><\/noscript><\/div>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-methodology\"><strong>Methodology<\/strong><\/h4>\n\n\n\n<p>Having tracked foreclosure listings for more than a decade, PropertyShark is the only service in New York that guarantees 100% coverage of the local foreclosure market. Because auctions are frequently postponed and\/or rescheduled, the statistics referenced in this report include only first-time foreclosures in order to avoid over-reporting the number of distressed properties in the city.<\/p>\n\n\n\n<p>Separately, we also report on lis pendens (pre-foreclosure) filings \u2014 legal notices that mark the beginning of the foreclosure process.<\/p>\n\n\n\n<p>Pre-foreclosure data refers to unique properties that had at least one lis pendens filing in Q2 2026, which may be a first-time filing or a refiling. The same building class restrictions apply, excluding co-ops. If more than three units were referenced on the same lis pendens filing, they were excluded in order to avoid accounting for entire buildings.<\/p>\n\n\n\n<p>This report focuses exclusively on residential properties (single and two-family homes; condos; and co-op units) that were scheduled for auction for the first time in Q2 2026.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\">FAQs<\/h2>\n\n\n\n<p><strong>1. Are foreclosure filings increasing in NYC?<\/strong>\u00a0<\/p>\n\n\n\n<p>No, in Q2 2026, NYC totaled 388 first-time foreclosure filings, down 5% year-over-year.<\/p>\n\n\n\n<p><strong>2. Which borough had the most foreclosures?<\/strong><\/p>\n\n\n\n<p>Queens was the most active foreclosure market with 140 first-time filings in Q2 2026, marking a 9% increase compared to Q2 2025.<\/p>\n\n\n\n<p><strong>3. Which borough had the fewest foreclosures?<\/strong><\/p>\n\n\n\n<p>Manhattan the slowest foreclosure market with 29 first-time filings for a 37% decrease compared to Q2 2025.<\/p>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:6px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-fair-use-amp-redistribution-nbsp-nbsp\">Fair Use & Redistribution\u00a0\u00a0<\/h4>\n\n\n\n<p>We encourage and freely grant permission to reuse and repost information, analysis, charts, tables,\u00a0and images included on this page. When doing so, we only ask that you link back to this page or PropertyShark.com as the official source.\u00a0<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-about-propertyshark\">About PropertyShark<\/h4>\n\n\n\n<p><a href=\"https:\/\/www.propertyshark.com\/mason\/\" target=\"_blank\" rel=\"noreferrer noopener\">PropertyShark<\/a>\u00a0is an online real estate database and property research tool that provides building details, ownership information, comparable sales, and foreclosure data. Founded in 2003, PropertyShark serves real estate professionals and consumers in New York and other major U.S. markets.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manhattan yet again slowed to become the city&#8217;s least active foreclosure market, Brooklyn&#8217;s caseload dropped so low it barely edged out Staten Island, while the Bronx heated up enough to surpass all boroughs except Queens. <\/p>\n","protected":false},"author":49,"featured_media":48246,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8245,283,328,390],"tags":[11183,7],"class_list":["post-25069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-studies","category-new-york-foreclosures","category-new-york-real-estate","category-staten-island-real-estate","tag-market-study","tag-residential-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>2026 Q2 NYC Foreclosure Report | PropertyShark<\/title>\n<meta name=\"description\" content=\"Manhattan yet again slowed to become the city&#039;s least active foreclosure market, Brooklyn&#039;s caseload dropped so low it barely edged out Staten Island, while the Bronx heated up enough to surpass all boroughs except Queens.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/nyc-foreclosure-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2026 Q2 Foreclosure Report: Bronx Caseload Hits 7-Year High, Brooklyn &amp; Manhattan Slow to 4-Year Low\" \/>\n<meta property=\"og:description\" content=\"Manhattan yet again slowed to become the city&#039;s least active foreclosure market, Brooklyn&#039;s caseload dropped so low it barely edged out Staten Island, while the Bronx heated up enough to surpass all boroughs except Queens.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/nyc-foreclosure-report\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-08T11:55:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-09T08:32:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2026\/07\/NYC-Foreclosure-Report-Q2-2026.png\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eliza Theiss\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"2026 Q2 NYC Foreclosure Report | PropertyShark","description":"Manhattan yet again slowed to become the city's least active foreclosure market, Brooklyn's caseload dropped so low it barely edged out Staten Island, while the Bronx heated up enough to surpass all boroughs except Queens.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/nyc-foreclosure-report\/","og_locale":"en_US","og_type":"article","og_title":"2026 Q2 Foreclosure Report: Bronx Caseload Hits 7-Year High, Brooklyn &amp; 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