{"id":47843,"date":"2026-01-20T11:55:00","date_gmt":"2026-01-20T09:55:00","guid":{"rendered":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=47843"},"modified":"2026-04-15T12:01:40","modified_gmt":"2026-04-15T09:01:40","slug":"nyc-foreclosure-report-2025","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2026\/01\/20\/nyc-foreclosure-report-2025\/","title":{"rendered":"2025 Foreclosure Report: Manhattan Hits 15-Year Record as NYC Foreclosure Activity Accelerates"},"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 rise 8% Y-o-Y to 1,588 first-time filings.<\/li>\n\n\n\n<li>Manhattan closes record year with 208 residential foreclosures, the highest figure in at least 15 years.<\/li>\n\n\n\n<li>Foreclosure incidence jumps 35% Y-o-Y in the Bronx.<\/li>\n\n\n\n<li>Queens claims NYC\u2019s foreclosure hotspot as zip 11434 concentrated 50 unique filings.<\/li>\n\n\n\n<li>Staten Island marks second consecutive year as NYC\u2019s slowest foreclosure market.<\/li>\n\n\n\n<li>Brooklyn and Manhattan supply NYC\u2019s priciest residential foreclosures.<\/li>\n\n\n\n<li>Manhattan claims four of the five priciest commercial filings.<\/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\"><span class=\"ez-toc-section\" id=\"NYC_Overview\"><\/span>NYC Overview<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-brooklyn-amp-queens-steady-as-manhattan-amp-bronx-heat-up\"><span class=\"ez-toc-section\" id=\"Brooklyn_Queens_Steady_as_Manhattan_Bronx_Heat_Up\"><\/span>Brooklyn &amp; Queens Steady as Manhattan &amp; Bronx Heat Up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.propertyshark.com\/mason\/NY\/New-York-City\/Foreclosures\" target=\"_blank\" rel=\"noreferrer noopener\">NYC foreclosure market<\/a> heated up in 2025, totaling 1,588 first-time filings, 8% more than the previous year. Still, the market remained slightly below 2023 levels, the most active post-pandemic year yet for the NYC distressed property sector with 1,619 first-time filings.<\/p>\n\n\n\n<p>As is usually the case, the bulk of NYC foreclosure filings in 2025 was supplied by Queens (587) and Brooklyn (460). However, the sharpest increases in filings were logged in Manhattan and the Bronx, where activity rose 28% and 35% Y-o-Y, respectively. For Manhattan, that meant that 2025 closed with record foreclosure activity levels totaling 208 first-time filings \u2014 the highest annual figure since at least 2010 (the year PropertyShark started tracking NYC foreclosures regularly).<\/p>\n\n\n\n<p>By comparison, despite heating up in 2025, Bronx foreclosures remained well below pre-pandemic levels after totaling 194 first-time filings, which was lower than even some of the borough\u2019s quarterly figures in the past. Meanwhile, Staten Island inched out 2024\u2019s record-low activity, but only by three additional cases to total 139 new foreclosures in 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<div style=\"min-height:450px\" id=\"datawrapper-vis-Ifw4n\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/Ifw4n\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-Ifw4n\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/Ifw4n\/full.png\" alt=\"NYC Foreclosures Rise Across the 4 Boroughs, Staten Island Continues to Cool (Grouped column chart)\" \/><\/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\"><span class=\"ez-toc-section\" id=\"NYC_Asset_Types\"><\/span>NYC Asset Types<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2-family-homes-drive-nyc-foreclosures-condo-filings-contract\"><span class=\"ez-toc-section\" id=\"2-Family_Homes_Drive_NYC_Foreclosures_Condo_Filings_Contract\"><\/span>2-Family Homes Drive NYC Foreclosures, Condo Filings Contract<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Two-family homes remained the leading residential property type for NYC foreclosures for the third consecutive year. Specifically, there were 540 new two-family foreclosures, 12% more than in 2024, followed by 507 single family foreclosures, 8% more than the year prior. Co-op foreclosure also heated up, rising 29% Y-o-Y to 345 first-time filings after dipping in 2024.<\/p>\n\n\n\n<p>Conversely, condos went against the grain with 24% fewer new filings logged in 2025. It\u2019s worth mentioning here that this was the fourth consecutive year that condos were the least foreclosed on residential asset type in the city.<\/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:392px\" id=\"datawrapper-vis-bDMLm\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/bDMLm\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-bDMLm\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/bDMLm\/full.png\" alt=\"Two-Family Foreclosures Lead Even as Co-op Filings Jump 29% Y-o-Y (Stacked column chart)\" \/><\/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-54efb35613311fbaf32a7457a46898bf\" id=\"h-manhattan\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\"><span class=\"ez-toc-section\" id=\"Manhattan\"><\/span>Manhattan <span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-15-year-foreclosure-peak-with-208-annual-cases-in-manhattan\"><span class=\"ez-toc-section\" id=\"15-Year_Foreclosure_Peak_With_208_Annual_Cases_in_Manhattan\"><\/span>15-Year Foreclosure Peak With 208 Annual Cases in Manhattan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Manhattan\u2019s foreclosure sector closed 2025 at unprecedented levels of activity, reaching 208 first-time filings \u2014 the highest annual figure in at least a decade. Not only that, but Manhattan foreclosures were also up 28% compared to 2024 with zip 10022 the most active for new filings. Here, zip 10022 supplied 15 of the borough\u2019s first-time filings in parts of neighborhoods like Sutton Place, Central Midtown and Turtle Bay.<\/p>\n\n\n\n<p>For comparison, Manhattan totaled 15 new filings in the entirety of Q3 2022, further highlighting the recently accelerated pace of foreclosures in the borough. In fact, the last three years have been the most active for Manhattan\u2019s foreclosure sector since at least 2010.<\/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-Cbo8L\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/Cbo8L\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-Cbo8L\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/Cbo8L\/full.png\" alt=\"Manhattan Foreclosures Reach New Annual Record with 208 Filings (Column Chart)\" \/><\/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>Manhattan also stood out with the city\u2019s most expensive residential foreclosure in 2025: A <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/687760\/146-W-57-St-New-York-NY-10019\/\" target=\"_blank\" rel=\"noreferrer noopener\">3,726-square-foot penthouse<\/a> at the Metropolitan Tower that hit the auction block with a $9.74 million lien back in March. Also among the five priciest residential liens called in last year was <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/45418914\/140-E-63-St-New-York-NY-10065\/\" target=\"_blank\" rel=\"noreferrer noopener\">a 2,300-square-foot unit<\/a> at The Barbizon 63, which went at the same time with a $3.38 million lien.<\/p>\n\n\n\n<p>Notably, Manhattan also dominated the city\u2019s priciest commercial foreclosures. Specifically, four of the five highest liens attached to foreclosed NYC commercial properties were located in Manhattan. They included the 558,735-square-foot, LEED Gold office building at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/675632\/340-Madison-Ave-New-York-NY-10173\/\" target=\"_blank\" rel=\"noreferrer noopener\">340 Madison Ave.<\/a> \u2014 which came up in March 2025 with a $366 million lien \u2014 as well as the 52,727-square-foot <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/20792\/597-5-Ave-New-York-NY-10017\/\" target=\"_blank\" rel=\"noreferrer noopener\">Scribner Building<\/a> that went to auction in late April with a $140 million lien.<\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-32b738b1ad3ffd46f6596b568d388d68\" id=\"h-top-5-nyc-commercial-auctions-by-lien-amount-in-2025\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\"><span class=\"ez-toc-section\" id=\"Top_5_NYC_Commercial_Auctions_by_Lien_Amount_in_2025\"><\/span>Top 5 NYC Commercial Auctions by Lien Amount in 2025<span class=\"ez-toc-section-end\"><\/span><\/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-357\" class=\"tablepress tablepress-id-357 tbody-has-connected-cells\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><strong>Rank<\/strong><\/th><th class=\"column-2\"><strong>Borough<\/strong><\/th><th class=\"column-3\"><strong>Address<\/strong><\/th><th class=\"column-4\"><strong>Lien Amount<\/strong><\/th><th class=\"column-5\"><strong>Auction Date<\/strong><\/th><th class=\"column-6\"><strong>REO<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\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\/675632\/340-Madison-Ave-New-York-NY-10173\/\">340 Madison Ave. <\/a><\/td><td class=\"column-4\">$366,217,883 <\/td><td class=\"column-5\">3\/13\/2025<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td rowspan=\"2\" class=\"column-1\">2<\/td><td class=\"column-2\">Manhattan<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/20792\/597-5-Ave-New-York-NY-10017\/\">597 5th Ave.<\/a><\/td><td rowspan=\"2\" class=\"column-4\">$140,382,151 <\/td><td rowspan=\"2\" class=\"column-5\">4\/30\/2025<\/td><td rowspan=\"2\" class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-2\">Manhattan<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/20794\/3-E-48-St-New-York-NY-10017\/\">3 E 48th St.<\/a><\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\">Manhattan<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/7315\/57-E-11-St-New-York-NY-10003\/\">57 E 11th St.<\/a><\/td><td class=\"column-4\">$61,766,450 <\/td><td class=\"column-5\">9\/17\/2025<\/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\">Brooklyn<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/120733\/180-Nassau-St-Brooklyn-NY-11201\/\">180 Nassau St.<\/a><\/td><td class=\"column-4\">$58,063,773 <\/td><td class=\"column-5\">3\/13\/2025<\/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\">Manhattan<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/12195\/1369-Broadway-New-York-NY-10018\/\">1369 Broadway<\/a><\/td><td class=\"column-4\">$41,881,624 <\/td><td class=\"column-5\">5\/14\/2025<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-357 from cache -->\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-eb2dfb540361555aca7ba2b848bf951b\" id=\"h-queens\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\"><span class=\"ez-toc-section\" id=\"Queens\"><\/span>Queens <span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-queens-leads-with-37-of-nyc-foreclosure-filings\"><span class=\"ez-toc-section\" id=\"Queens_Leads_with_37_of_NYC_Foreclosure_Filings\"><\/span>Queens Leads with 37% of  NYC Foreclosure Filings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 2025, Queens foreclosures remained on par with 2024 levels, edging up a negligible 1% Y-o-Y to 587 first-time filings, still significantly below pre-pandemic figures. Perpetually NYC\u2019s most active foreclosure market, Queens yet again also supplied the city\u2019s foreclosure epicenter: Zip 11434 in the Springfield Gardens, Rochdale, Jamaica and Saint Albans area logged 50 first-time filings throughout 2025 to concentrate 3% of NYC\u2019s annual caseload.<\/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-Q1hn2\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/Q1hn2\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-Q1hn2\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/Q1hn2\/full.png\" alt=\"Table shows the number of annual foreclosures in Queens between 2010 and 2025.\" \/><\/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>As the city\u2019s most active residential foreclosure market, Queens was bound to stand out in terms of 2025\u2019s most expensive foreclosures, as well. In particular, the borough was home to the third-priciest residential lien to hit the block last year \u2014 a <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/751011\/511-11-Manilla-St-Elmhurst-NY-11373\/\" target=\"_blank\" rel=\"noreferrer noopener\">five-parcel property package<\/a> on the corner of Kneeland Avenue and Manilla Street that went to auction with a $4.79 million lien. The package deal consisted of five two-family brick homes ranging between 1,880 and 2,080 square feet.<\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-a92fdcb432cb5cc0c2a0c3b295780284\" id=\"h-top-5-nyc-residential-auctions-by-lien-amount-in-2025\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\"><span class=\"ez-toc-section\" id=\"Top_5_NYC_Residential_Auctions_by_Lien_Amount_in_2025\"><\/span>Top 5 NYC Residential Auctions by Lien Amount in 2025<span class=\"ez-toc-section-end\"><\/span><\/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-358\" class=\"tablepress tablepress-id-358 tbody-has-connected-cells\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><strong>Rank<\/strong><\/th><th class=\"column-2\"><strong>Borough<\/strong><\/th><th class=\"column-3\"><strong>Address<\/strong><\/th><th class=\"column-4\"><strong>Lien Amount<\/strong><\/th><th class=\"column-5\"><strong>Auction Date<\/strong><\/th><th class=\"column-6\"><strong>REO<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\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\/687760\/146-W-57-St-New-York-NY-10019\/\"> 146 West 57th St. #PH A<\/a><\/td><td class=\"column-4\">$9,741,430 <\/td><td class=\"column-5\">3\/26\/2025<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-3\">\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\/172776\/348-Quincy-St-Brooklyn-NY-11216\/\">348 Quincy Street<\/a><\/td><td class=\"column-4\">$4,805,466 <\/td><td class=\"column-5\">8\/14\/2025<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td rowspan=\"5\" class=\"column-1\">3<\/td><td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/138476844\/51-99-Manilla-St-Elmhurst-NY-11373\/\">51-99 Manilla St.<\/a><\/td><td rowspan=\"5\" class=\"column-4\">$4,793,648 <\/td><td rowspan=\"5\" class=\"column-5\">8\/15\/2025<\/td><td rowspan=\"5\" class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/751008\/511-01-Manilla-St-Elmhurst-NY-11373\/\">51-101 Manilla St.<\/a><\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/751009\/511-05-Manilla-St-Elmhurst-NY-11373\/\">51-105 Manilla St.<\/a><\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/751010\/511-07-Manilla-St-Elmhurst-NY-11373\/\">51-107 Manilla St.<\/a><\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-2\">Queens<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/751011\/511-11-Manilla-St-Elmhurst-NY-11373\/\">51-111 Manilla St.<\/a><\/td>\n<\/tr>\n<tr class=\"row-9\">\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\/244711\/14-E-21-St-Brooklyn-NY-11226\/\">14 East 21st St.<\/a><\/td><td class=\"column-4\">$3,512,710 <\/td><td class=\"column-5\">2\/13\/2025<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\">Manhattan<\/td><td class=\"column-3\"><a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/45418914\/140-E-63-St-New-York-NY-10065\/\">140 East 63rd St. #6C<\/a><\/td><td class=\"column-4\">$3,383,960 <\/td><td class=\"column-5\">3\/26\/2025<\/td><td class=\"column-6\">Yes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-358 from cache -->\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-e8fc7e5dfab26d31845dee428d9a7b3b\" id=\"h-brooklyn\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\"><span class=\"ez-toc-section\" id=\"Brooklyn\"><\/span>Brooklyn <span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2025-foreclosure-activity-nearly-flat-in-brooklyn\"><span class=\"ez-toc-section\" id=\"2025_Foreclosure_Activity_Nearly_Flat_in_Brooklyn\"><\/span>2025 Foreclosure Activity Nearly Flat in Brooklyn<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Similarly to Queens, Brooklyn\u2019s foreclosure market remained essentially flat, rising just 2% Y-o-Y to 460 first-time filings. Of these, 48 unique cases were filed in zip 11236 \u2014 Brooklyn\u2019s recurring foreclosure hotspot in the Canarsie and East Flatbush area.<\/p>\n\n\n\n<p>That said, Brooklyn\u2019s 2025 foreclosure total also represented a 15% contraction compared to 2023, the borough\u2019s most active post-pandemic year to date. Overall, Brooklyn foreclosures continue to remain well below pre-pandemic levels.&nbsp;<\/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-eAzUC\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/eAzUC\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-eAzUC\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/eAzUC\/full.png\" alt=\"Table shows the number of annual foreclosures in Brooklyn between 2010 and 2025.\" \/><\/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>Notably, Brooklyn did claim two of the top five priciest foreclosures of the year, including the second-most expensive \u2014 a <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/172776\/348-Quincy-St-Brooklyn-NY-11216\/\" target=\"_blank\" rel=\"noreferrer noopener\">2,856-square-foot, two-family, brick<\/a> home in Bedford-Stuyvesant sporting a $4.85 million lien. Built in 1899, the property was last upgraded in 2018, but ran into financial difficulties in 2019 and then again in 2023, with the latter leading to its 2025 auction. It was joined by a 2,955-square-foot, two-family conversion in Flatbush that came up in February 2025 with a $3.38 million lien.<\/p>\n\n\n\n<h5 class=\"wp-block-heading toch has-fl-accent-color has-text-color has-link-color wp-elements-3e62e6717d2c4a1e115b073b1dd3cb84\" id=\"h-the-bronx\" style=\"font-size:16px;font-style:normal;font-weight:700;text-transform:uppercase\"><span class=\"ez-toc-section\" id=\"The_Bronx\"><\/span>The Bronx <span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-35-y-o-y-increase-in-bronx-residential-foreclosures\"><span class=\"ez-toc-section\" id=\"35_Y-o-Y_Increase_in_Bronx_Residential_Foreclosures\"><\/span>35% Y-o-Y Increase in Bronx Residential Foreclosures<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Bronx marked the second consecutive year of outpacing Staten Island\u2019s foreclosure numbers, closing 2025 with 194 first-time filings compared to the fifth borough\u2019s 139. And, not only did the Bronx surpass Staten Island, but it also did so after a 35% surge in filings, thereby contributing to the city\u2019s overall rise in cases.<\/p>\n\n\n\n<p>Even more noticeably, Bronx foreclosures have more than doubled in the last two years. The borough\u2019s rising foreclosure incidence was also reflected by its most active area: Zip 10473 in the Clason Point, Castle Hill, Soundview and Unionport area concentrated 29 first-time filings alone.<\/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-NvBTA\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/NvBTA\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-NvBTA\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/NvBTA\/full.png\" alt=\"Bronx Foreclosure Sector Jumps by More Than One Third (Column Chart)\" \/><\/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<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\"><span class=\"ez-toc-section\" id=\"Staten_Island\"><\/span>Staten Island<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2nd-year-as-nyc-s-slowest-foreclosure-market-for-staten-island\"><span class=\"ez-toc-section\" id=\"2nd_Year_as_NYCs_Slowest_Foreclosure_Market_for_Staten_Island\"><\/span>2nd Year as NYC\u2019s Slowest Foreclosure Market for Staten Island<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Finally, closing 2025 with 139 first-time filings after a negligible 2% Y-o-Y uptick, Staten Island was yet again the least-active foreclosure market in NYC and considerably down compared to its 196-foreclosure peak in 2023. However, Staten Island\u2019s near-perpetual foreclosure hotspot remained unchanged with zip 10314 in Mid Island supplying 22 of the borough\u2019s caseload.<\/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-erJkm\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/erJkm\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-erJkm\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/erJkm\/full.png\" alt=\"Table shows the number of annual foreclosures in Staten Island between 2010 and 2025.\" \/><\/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<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\"><span class=\"ez-toc-section\" id=\"Data_Snapshot_All_Boroughs\"><\/span>Data Snapshot: All Boroughs<span class=\"ez-toc-section-end\"><\/span><\/h5>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2025-nyc-foreclosures-by-borough\"><span class=\"ez-toc-section\" id=\"2025_NYC_Foreclosures_by_Borough\"><\/span>2025 NYC Foreclosures by Borough<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"min-height:1072px\" id=\"datawrapper-vis-JVX6x\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/JVX6x\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-JVX6x\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/JVX6x\/full.png\" alt=\"Table\" \/><\/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\"><span class=\"ez-toc-section\" id=\"Methodology\"><\/span><strong>Methodology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/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 2025, 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 Q3 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<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>1. Are foreclosure filings increasing in NYC?<\/strong>&nbsp;<\/p>\n\n\n\n<p>Yes. In 2025, NYC saw 1,588 first-time foreclosure filings, up 8% year-over-year, indicating a rise in distressed property activity.<\/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 587 first-time filings in 2025, marking a 1% increase compared to 2024.<\/p>\n\n\n\n<p><strong>3. Which borough had the fewest foreclosures?<\/strong><\/p>\n\n\n\n<p>Staten Island remained the slowest foreclosure market with 139 first-time filings for a 2% increase compared to 2024.<\/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\"><span class=\"ez-toc-section\" id=\"Fair_Use_Redistribution\"><\/span>Fair Use &amp; Redistribution&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>We encourage and freely grant permission to reuse and repost information, analysis, charts, tables,&nbsp;and 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.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-about-propertyshark\"><span class=\"ez-toc-section\" id=\"About_PropertyShark\"><\/span>About PropertyShark<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><a href=\"https:\/\/www.propertyshark.com\/mason\/\" target=\"_blank\" rel=\"noreferrer noopener\">PropertyShark<\/a>&nbsp;is 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>NYC\u2019s caseload rose 8% year-over-year , sustained by steady filing volumes in Queens and Brooklyn, in addition to accelerating activity in Manhattan and the Bronx. Notably, Staten Island\u2019s cooling did not influence citywide trends.<\/p>\n","protected":false},"author":49,"featured_media":47372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[283,328],"tags":[11183,7],"class_list":["post-47843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york-foreclosures","category-new-york-real-estate","tag-market-study","tag-residential-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2025 NYC Foreclosure Report | PropertyShark<\/title>\n<meta name=\"description\" content=\"2025 ended with 1,588 first-time foreclosures across NYC for an 8% Y-o-Y uptick, with Manhattan hitting a 15-year high with 200+ annual cases.\" \/>\n<meta name=\"robots\" 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