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.

To help real estate professionals find foreclosed homes in a timely and efficient manner, this guide breaks down every step of the research process — from understanding foreclosure status all the way to finding contact information for owners and looking past LLCs.

In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.