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April 15, 2008

Foreclosure of the Week: 644 Flatbush Avenue

644-Flatbush-0408.jpg
One thing's for sure, the winner of the foreclosure auction for 644 Flatbush Avenue won't go hungry! The outstanding tab on the three-story building between Fenimore and Hawthorne is $540,474, safely below its market value (even in this market). The 4,320-square-foot building is currently configured as two apartments over a restaurant. Interested bidders should bring their checkbooks to 360 Adams Street, Room 261, at 3 p.m. on Thursday.
644 Flatbush Avenue [Property Shark] GMAP




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Comments

This seems very strange. It appears the mortgage has been satisfied and only the taxes are not paid. The building doesnt seem like your typical "in trouble" foreclosure type building. I would doubt it makes it to the auction block will probably get postponed. The mortgage was 450K and seems to have been satisfied....hmmmm

Posted by: guest at April 15, 2008 1:01 PM

What's up with all the chinese/mexican combo restaurants that have popped up in the last few years?

Posted by: guest at April 15, 2008 1:33 PM

That's a really old photo. This place is now Sushi Tatsu III.

Posted by: guest at April 15, 2008 3:05 PM

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