forcs-01-22-2008.jpg
There are two interesting co-op foreclosure auction scheduled for tomorrow morning. First off, unit 8F at the 13-story, prewar 40 Boerum Place is going on the block. There’s currently a lien of $327,669 on the property, which sold for $420,000 in 2005. There’s also an auction scheduled for unit 6A at 381 Argyle Road in Flatbush (a block away from Ditmas Park West). The unit has a lien of $78,586 on it, and it last sold for $89,610 in 2005. The Argyle Road auction is scheduled for 11 a.m. tomorrow on the steps of 360 Adams Street; the Boerum Place auction will follow at 11:30.
40 Boerum Place, Unit 8F [Property Shark] GMAP
381 Argyle Road, Unit 6A [Property Shark] GMAP


What's Your Take? Leave a Comment

Leave a Reply

  1. THERE IS NO ADDRESS 40 BOERUM. How can there be any activity at an address that does not exist? There is no entrance to 96 Schermerhorn on the Boerum side… I don’t see how that could accurately be the “alternate address.”

  2. Hi. My name is Frank Lovece, and I’m a Contributing Editor of HABITAT, the 25-year-old NYC magazine for co-op/condo boards. (See http://www.habitatmag.com)

    I’m writing a service article about how smart, effective boards can minimize the impact that an apartment foreclosure might have on the building as a whole.

    I’m on a deadline today and tomorrow (Jan. 22-23), and need to speak to board-members and mostly a couple of managing agents. Anyone who can speak with me for 15 minutes or so, please call Frank Lovece, HABITAT, 212-678-5192. Thanks.