{"id":966,"date":"2010-01-12T11:23:54","date_gmt":"2010-01-12T15:23:54","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=966"},"modified":"2025-07-10T09:09:20","modified_gmt":"2025-07-10T06:09:20","slug":"top-5-manhattan-distressed-properties-with-highest-mortgage-amount-in-2009","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2010\/01\/12\/top-5-manhattan-distressed-properties-with-highest-mortgage-amount-in-2009\/","title":{"rendered":"Top 5 Manhattan Distressed Properties with Highest Mortgage Amount in 2009"},"content":{"rendered":"

Here are what we found to be the top 5 Manhattan properties (by mortgage amount) with a lis pendens filed against them. The rental apartment buildings at 2225 5 Avenue and 2171 Madison Avenue shared the highest mortgage amount among the distressed properties in Manhattan for 2009. The mortgage was for $225,000,000.<\/p>\n

Properties reportedly owned by the London-based investment bank, Dawnay Day, came up in second place with a mortgage amount of $215,000,000. The bank made a big acquisition campaign in East Harlem back in 2007, as the Times Online<\/a> reports in an article.<\/p>\n

(Note: We defined distressed properties as properties which have a lis pendens filed against in 2009.)<\/p>\n\n\n\n\n\n\n\n
\"2225-5-Avenue\"<\/td>\n2225 Fifth Avenue, New York<\/strong><\/a>Mortgage Amount: $225,000,000
\nLis Pendens Date: 2\/3\/2009
\nMortgage Date: 12\/21\/2006
\nNote: Shares lien with 2171 Madison Avenue<\/td>\n<\/tr>\n
\"411-E-118-Street\"<\/td>\n411 E 118 Street, New York<\/strong><\/a>Mortgage Amount: $215,000,000
\nLis Pendens Date: 9\/10\/2009
\nMortgage Date: 3\/19\/2007
\nNote: Shares lien with over 20 other properties.<\/td>\n<\/tr>\n
\"720-5-Avenue\"<\/td>\n720 Fifth Avenue, New York<\/strong><\/a>Mortgage Amount: $165,000,000
\nLis Pendens Date: 1\/30\/2009
\nMortgage Date: 10\/20\/2006<\/td>\n<\/tr>\n
\"115-W-40-Street\"<\/td>\n115 W 40 Street, New York<\/strong><\/a>Mortgage Amount: $160,000,000
\nLis Pendens Date: 12\/14\/2009
\nMortgage Date: 4\/2\/2007<\/td>\n<\/tr>\n
\"614-Lexington-Avenue\"<\/td>\n614 Lexington Avenue, New York<\/strong><\/a>Mortgage Amount: $145,000,000
\nLis Pendens Date: 7\/14\/2009
\nMortgage Date: 8\/1\/2007<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

View current properties in distress in our Manhattan foreclosure<\/a> section.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Here are what we found to be the top 5 Manhattan properties (by mortgage amount) with a lis pendens filed against them. The rental apartment buildings at 2225 5 Avenue and 2171 Madison Avenue shared the highest mortgage amount among the distressed properties in Manhattan for 2009. The mortgage was for $225,000,000. Properties reportedly owned…<\/p>\n","protected":false},"author":67,"featured_media":987,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[381],"tags":[24,180,179],"class_list":["post-966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manhattan-foreclosures","tag-commercial-property","tag-manhattan-apartments","tag-manhattan-lis-pendens"],"yoast_head":"\nTop 5 Manhattan Distressed Properties with Highest Mortgage Amount in 2009 - PropertyShark Real Estate Blog<\/title>\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\/2010\/01\/12\/top-5-manhattan-distressed-properties-with-highest-mortgage-amount-in-2009\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 Manhattan Distressed Properties with Highest Mortgage Amount in 2009\" \/>\n<meta property=\"og:description\" content=\"Here are what we found to be the top 5 Manhattan properties (by mortgage amount) with a lis pendens filed against them. 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