Foreclosure of the Week: 167 Prospect Place
Like so many foreclosures, this one at 167 Prospect Place looks a little funky. The Prospect Heights brownstone was purchased in 2006 for $1,650,000, and financed with first and second mortgages totaling $1,200,000. The house was then sold for a whopping $50,000 in 2007. It’s been bouncing around the foreclosure system since last summer with…
Like so many foreclosures, this one at 167 Prospect Place looks a little funky. The Prospect Heights brownstone was purchased in 2006 for $1,650,000, and financed with first and second mortgages totaling $1,200,000. The house was then sold for a whopping $50,000 in 2007. It’s been bouncing around the foreclosure system since last summer with a lien of $1,114,555. It’s on the schedule for tomorrow again. 3 p.m. at 360 Adams, Room 274. GMAP
beautiful block, definitely something odd going on with that mortgage history. i hope whoever gets it takes good care of it.
i used to live a door or two down from this place when i first moved to nyc. amazing block, my resident landlord was totally nuts. i remember this house selling and being shocked at the price at the time before houses got even more nuts. still great block.
if i recall correctly this townhouse is split into five units. still, as Amzi comments, this is a gorgeous block and a superb location.
This house is on a great block in Prospect Heights. The location is one of the best in the city close to the Q,B,2 an 3 train