As Clinton Hill Blog noted last week, the shell of a house at 437 Waverly Avenue is coming up for auction on Thursday. The house has become part of local lore, as it’s sat vacant for the last decade. The same family lived there for 80 years before that but they never recorded the deed which is why it’s been unable to be sold for so long; the ownership issues are now sorted out and the elderly daughter of the original owners will receive the proceeds. From what we gather, a recent engineer’s report says that the building is structurally stable and that the front wall is in good shape as are most of the beams; however the roof and back wall need repairs. Bidding is expected to start around $450,000 but anything is possible. The auction takes place this Thursday at 2:30 pm in State Supreme Court, Part 76G, Room 575. It is an “as is” sale with no contingencies; the closing will be within 30 days.
437 Waverly Avenue [Brooklyn Properties] GMAP P*Shark