Kings County Auction Set For December 7th
20 Brooklyn properties will be auctioned off 2pm on December 7th at the Kings County Supreme Court. You can check out all the property details here [PDF], but we’ve still picked out a few interesting ones for you. 490 MacDonough Street, a three-story brownstone (pictured right) will have an opening bid of $295,000, 482 7th…
20 Brooklyn properties will be auctioned off 2pm on December 7th at the Kings County Supreme Court. You can check out all the property details here [PDF], but we’ve still picked out a few interesting ones for you. 490 MacDonough Street, a three-story brownstone (pictured right) will have an opening bid of $295,000, 482 7th Street, a three-story Park Slope brownstone has an opening bid of $950,000, and 348 Hancock Street, in Bed Stuy, begins at $290,000 (pictured left). Two empty lots at 436-8 Albee Square are also listed with a hefty opening bid of $4,000,000. Anything look interesting?
Upcoming Real Estate Auction [NYC.gov]
“Good” thing Case-Shiller excludes auctions like MacDonough and Hancock if they close near opening bid.
“What sort of side deals are you referring to, Ben Gazi?”
Between Hasidics, yarmulkes, court officials and banks. Insider’s game. Like hedge funds.
***Bid half off peak comps***
tybur6, there are a bunch of small 1 bdrm coops for sale in sunset park for 120k
EXACTLY… the starting bid is $950. It will sell for a lot more. Effing’ ridiculous.
that sterling house looks nice from outside.
All estate auctions so would not expect recent renovations.
What sort of side deals are you referring to, Ben Gazi?
“The opening is below market, but what if the winning bid is north of 1 mil?”
It depends on the condition of the property.
How about what appears to be a co-op in Kingsview Homes?
for regular joes, it’s better to buy REOs than thru auctions.
The opening is below market, but what if the winning bid is north of 1 mil?
these are good deals if the openning bid is the winning bid.
tybur6, 950k for that house (despite it facing the ambulance area of hospital) is below mkt