A few years ago a developer had plans that came to naught to construct a new building in place of the shabby—or full of character, depending on how you look at it—property on 3rd Avenue and Atlantic that the dive bar Hank’s Saloon calls home. Now, instead, 46 3rd Avenue and a couple neighboring Boerum Hill properties are heading to auction next Thursday, according to Property Shark. Up for grabs are the two-story Hank’s building, the adjacent empty lot on 3rd Avenue and the three-story brick building at 514 Atlantic. The three properties have accumulated a massive lien of $4,155,677. Think this makes any sense as an investment buy? More details about the properties and auction after the jump.
46 3rd Avenue [PropertyShark]