PropertyShark alerts to the curious case of 33 Vanderbilt Avenue, a Navy Yard-area house that sold for $700,000 at auction last week (click through to see a record of the auction result). Until recently, the house was on the market for $2.2 million, with the listing calling it “truly grandiose: 3 Family used as a huge 1 family” and saying it had been fully renovated. The lien going into the foreclosure auction was $536,492, and though there was a second mortgage of $425,000 taken in 2007 that a lis pendens was filed on the same year, it’s unclear whether that lis pendens is still active. Is it possible someone just got a really great deal on this one?
33 Vanderbilt Ave [PropertyShark] GMAP


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