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On Thursday at 3 p.m., the financial institution that loaned the current owner of 416 Pacific Street $810,392 against the four-story brownstone will seek to recoup its money at the weekly public foreclosure auction held in Room 261 at the Kings County Courthouse in Downtown Brooklyn. Also of interest to bottom feeders bargain hunters may be the sale of Apartment 1D at 325 Clinton Avenue in Clinton Hill. There’s outstanding debt of $159,022 against the co-op apartment.
416 Pacific Street [Property Shark] GMAP
325 Clinton Avenue, #1D [Property Shark] GMAP


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  1. not getting into all this…

    but for the person wondering why these aren’t publicized more for a greater return for the bank:

    this is a specialized field and while there are people from time to time buy a home for their family this way, it is mostly investors. there is a lot of risk involved. but if you go to an auction sometime, you’ll see there are lots of people there, bidding on multiple properties and prices get pretty high.

  2. You are a true idiot, the What.

    Of the highest order.

    You use the same tactics as Bush. False, scare tactics based on nothing but your own agenda.

    Saying someone is the only one paying their mortgage? Come on. Do you HOPE people are going under? Because with all the nonsense you write, that has been my impression. You hope the worst for people (your neighbors, in fact) and that is MORE scary than any credit troubles we’ve had.

  3. “I have witnessed the greatest asset bubble in history”

    You were there for the Tulip Bubble?

    Wow, you old!”

    And smart, Asshole. The 70’s inflation bullshit. The 87 blow up that brought Clinton to power. 2000 the NASDAQ Implosion. The Mutant Real Estate Bubble Now.

    “BTW Nobody is paying their Mortgages now.”

    That’s not true. I’m paying MINE!”

    You are the only one. Go to foreclosures.com and put you zipcode in.

    The What

    Someday this war will end……

  4. Now people see what a fucktard Mr. B is. This site is Open class warfare. hostile to the people who have lived in these neighborhoods for years. I meam black and white (yes white). Soon the will be foreclosures everywhere and the fucktards won’t be able to stop it.

    The What

    Someday this war is gonna end……

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