Foreclosures of the Week

614LafayetteAve.jpg 819E35thst.jpg
It looks like the most recent owners stretched too far when they used 95% financing to purchase this charming 4-story brick townhouse at 614 Lafayette Avenue in Bedford Stuyvesant. Now there’s a lien of $701,233 against the property and it will be up for auction on Thursday. The house on the right, 819 East 35th Street in Flatbush, is remarkable because of the small lien; with only $136,158 owed to the bank and the house easily worth a half million bucks, you’d think that foreclosure could have been averted. Both houses go on the block tomorrow at 3 pm at 360 Adams Street, Room 261.
614 Lafayette Avenue [Property Shark] GMAP
819 East 35th Street [Property Shark] GMAP

By Brownstoner |