Foreclosure Auction Summary (Kings County)

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884 Herkimer Street — Investor Recommendations

This notice once again demonstrates several classic traps that can appear in judicial foreclosure auctions.

Extremely Old Case (Filed in 2007)

The case index number 29374/2007 shows that the original foreclosure action was filed nearly 20 years ago.

The Judgment of Foreclosure and Sale was entered only in March 2024, making this one of the longest-running cases on the entire list.

Over such an extended period, the property may have gone through multiple occupants, including tenants, unauthorized occupants, or squatters. For that reason, the physical condition should be evaluated very carefully from the exterior before bidding.

Hidden Debt Amount

As with several other properties in this auction list, the attorneys did not disclose the judgment amount in the published notice.

Considering roughly 17 years of accrued interest, penalties, legal fees, and possible lender advances, the total debt could be extremely high.

This figure should be requested from the court file before the auction. Bidding without confirming the real debt exposure would create significant investor risk.

Neighborhood: Ocean Hill / Bedford-Stuyvesant

Ocean Hill and Bedford-Stuyvesant remain active investor markets with strong gentrification trends.

Herkimer Street continues to attract flippers and long-term investors. Even distressed fixer-upper properties in this area can generate aggressive bidding because of the potential resale upside after renovation.

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872 East 95th Street — Investor Recommendations

This property has several details that make it worth a closer investor review.

Attractive Debt Amount

The judgment amount is relatively low at $483,186.37.

For Canarsie — similar to the East 77th Street property reviewed earlier — this is a modest debt figure compared with typical local values.

Comparable homes in this area are often valued in the $600K–$800K+ range, which may leave a strong equity cushion if the title, occupancy status, municipal liens, and exterior condition check out.

Age of the Case

The foreclosure action began in 2016 under index number 508531/2016.

The judgment was entered in July 2023, so the case has already been moving through the court system for several years.

Before bidding, investors should verify accrued interest, taxes, municipal charges, water bills, DOB/ECB violations, and any other liens that could affect the final economics.

Historical Artifacts in the Notice

An unusual but common detail: the notice for a spring 2026 auction still contains boilerplate language about COVID-19 policies, including masks and social distancing.

This often happens when law offices reuse older foreclosure notice templates without fully cleaning up outdated language.

Do not rely only on template language in the notice. Always confirm the current courthouse procedures and Terms of Sale before attending the auction.

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8807 Avenue A — Investor Recommendations

This notice immediately shows two classic warning signs of a complicated, long-running foreclosure case.

Zombie Foreclosure

The case was originally filed in 2014 under index number 8639/2014, and the court judgment was entered back in January 2017.

More than nine years passed between the judgment date and the scheduled auction date in April 2026. This suggests that the property may have remained vacant for a long time, or that the former owner may have delayed the sale for years through repeated appeals, bankruptcy filings, or other legal tactics.

Because of that long delay, investors should be especially careful when evaluating exterior condition, occupancy status, possible violations, and any signs of deferred maintenance.

Hidden Debt Amount

As with the Decatur Street property, the attorneys did not state the debt amount in the published notice.

After approximately 12 years of litigation, the file may include substantial accrued interest, penalties, legal fees, escrow advances, taxes, and other costs.

The exact payoff / judgment exposure should be requested from the court file or verified through a title professional before bidding.

Location: East Flatbush / Remsen Village

Avenue A is located in a residential section of East Flatbush / Remsen Village, an area that traditionally maintains steady buyer and rental demand.

The location may be attractive for long-term investors, but the age of the case and the missing debt figure make due diligence especially important before treating this as a clean opportunity.

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878 Euclid Avenue — Investor Recommendations

Here are the key points worth noting for this property.

High Debt for the Location

The judgment amount is nearly $1.1 million — specifically $1,090,158.20.

For the East New York / City Line area, this is a very substantial debt load. It may indicate that the property is a multi-family asset, or that the owner took out a large loan shortly before defaulting.

Before bidding, an investor should compare the judgment amount against current comparable sales, likely rental income, property taxes, DOB/ECB violations, municipal liens, and renovation costs.

Relatively Recent Case

The index number 531617/2022 shows that the foreclosure action was filed in 2022.

By New York foreclosure standards, this case appears to have moved through the court system fairly quickly, with the final judgment obtained by the spring of 2025.

This makes it different from several older “zombie foreclosure” files in the list, but it still requires a full title search before any bid.

Referee: Jonathan Engel

One interesting detail is that the auction is being handled by referee Jonathan Engel.

His name appears frequently throughout this auction list, suggesting that he is one of the more active foreclosure referees in Brooklyn.

If you plan to participate in Kings County foreclosure auctions regularly, you will likely encounter him often, so it is worth becoming familiar with his sale procedures, check-in process, and documentation requirements.

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711 Shepherd Avenue — Investor Recommendations

This notice contains several important points that investors should review carefully before bidding.

Legal Warning About Deposit Refunds

The notice states that if the sale is set aside for any reason, the purchaser is entitled only to the return of the deposit paid and has no further recourse.

This means that if you win the auction and the court or the bank later cancels the sale — for example, because the former owner files for bankruptcy at the last minute — you may receive only your deposit back, usually around 10%.

Other expenses, such as attorney fees, title searches, due diligence costs, or travel expenses, would not be reimbursed. This is a standard but very important risk in judicial foreclosure auctions.

Very Large Debt Amount

The judgment amount exceeds $1.3 million — specifically $1,326,256.56.

For East New York, this is a very large figure. The case dates back to 2014 under index number 15834/2014, so a significant portion of the debt likely consists of accumulated interest, penalties, legal fees, and other charges over roughly 12 years.

Before bidding, investors should compare the judgment amount against current comps, tax exposure, violations, renovation costs, occupancy status, and potential resale or rental value.

Lot Size

The document lists the land dimensions as 30 by 100 feet.

This is wider than a standard Brooklyn lot, which is often around 20 by 100 feet. The larger lot size is a positive feature and may provide additional value, depending on zoning, building condition, and permitted use.

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644 E 49th St — Investor Recommendations

Here are the most interesting points in this notice.

Very Old Case (Filed in 2008)

The index number shows that the foreclosure action began back in 2008, right after the financial crisis.

The court entered judgment in 2019, and the judgment was later amended in 2022. Only now, in 2026, has the property reached the auction stage.

This long timeline makes it important to verify the current payoff, accrued interest, municipal liens, taxes, violations, and occupancy status before bidding.

Moderate Debt Amount

Despite the long history of the case, the judgment amount is only $559,774.02.

In East Flatbush, the market value of similar homes often exceeds this amount, which means the property may offer an equity cushion for an investor if the title and physical condition are acceptable.

This could make the lot attractive to bidders, especially if the exterior condition appears manageable and there are no major hidden liens.

Neighborhood: East Flatbush

East Flatbush is known for solid brick one- and two-family houses, many of which are suitable for long-term rental, owner-occupant resale, or renovation strategies.

Investors should still compare nearby sales carefully and account for renovation costs, tenant issues, and any DOB or HPD violations.

Auction Platform

Like many other properties in this auction group, this lot is also listed on Auction.com.

Use the platform to monitor status changes, postponements, “cleared for sale” updates, and any available due diligence documents before going to the courthouse.

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615 E. 77th Street — Investor Recommendations

This notice has several unique details that investors should pay attention to before bidding.

New Online Monitoring Platform

This auction is tracked on a third platform: ServiceLinkAuction.com, unlike several other properties in this list that are monitored through Auction.com or Xome.

An investor who wants to monitor the sale status online should register on ServiceLinkAuction.com specifically, not just Auction.com.

Use the platform to check for postponements, cancellations, sale-status updates, and any available auction documents before going to court.

Relatively Recent Case

The case index number, 533813/2023, indicates that the foreclosure process moved relatively quickly by New York standards.

The case began in 2023, and the final judgment was entered by the end of 2024.

The judgment amount is $936,461.82, so investors should compare this figure carefully against current Canarsie comparable sales, renovation costs, taxes, and possible liens.

Neighborhood: Canarsie

The 11236 ZIP code and street location point to Canarsie in southeast Brooklyn.

This area is primarily made up of private one- and two-family homes. Many properties have private driveways and garages, which can be a meaningful advantage for resale value and rental appeal.

Because Canarsie includes areas with potential flood-zone exposure, investors should also verify flood insurance requirements and FEMA flood-map status before bidding.

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5103 Avenue H — Investor Recommendations

Another Estate Sale

Like the New York Avenue and Decatur Street properties, this appears to be an estate-related foreclosure sale. The defendant is the estate of the deceased owner, Estate of Dorothy U. Jordan.

For investors, this is an important warning sign. Estate properties may have been vacant, under-maintained, or managed informally for a long period, so exterior condition, occupancy status, and potential deferred maintenance should be checked carefully before bidding.

Judgment Amount Not Stated

The published notice does not list the judgment amount.

This sometimes happens in foreclosure notices, but it creates a serious due-diligence issue. The exact debt amount should be obtained from the court file under index number 511082/2016 or requested from the referee, Jonathan Engel, before the auction.

Older Case History

The foreclosure action began in 2016, which means the case has been pending for many years.

Long-running estate cases can involve accumulated interest, legal fees, municipal charges, title issues, heirs, or occupancy complications. A full title search is essential.

Neighborhood: Flatlands

This property is located in the southern part of Brooklyn, in Flatlands, ZIP code 11234.

The area is known for quiet residential blocks with one- and two-family homes. Many properties have private driveways and garages, which are valuable features for both resale and rental demand.

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580 Crown Street, Unit 003 — Investor Recommendations

This lot is different from most of the other properties in the list because it appears to be a condominium unit, not an entire house.

The key wording is: “together with an undivided 1.061 percent interest in the Common Elements.” That language is typical for condo ownership, where the buyer owns the unit plus a percentage interest in the building’s shared common areas.

Hidden Debt Risk: HOA / Common Charges

When buying a condominium at foreclosure auction, one of the biggest hidden risks is unpaid condo association charges, also known as common charges.

In many cases, the condominium association may have lien rights against the unit, and some unpaid charges may survive or create additional exposure for the new buyer.

Before bidding, investors should carefully verify HOA arrears, common charges, assessments, litigation with the condo board, building reserves, and whether any super-lien or priority lien issues may exist.

Unusually High Debt Amount

The judgment amount is extremely high: $1,516,900.53.

For a single condo unit in Crown Heights, this is an unusually large figure. It may indicate that the owner — MEIR BERNSTEIN LLC — used the unit as collateral for a large commercial loan, or that the unit is a luxury unit, penthouse, or possibly a ground-floor commercial-style condo space.

This property should not be evaluated like a simple residential condo. The debt amount, entity ownership, and common-element language make full title review and condo-document review essential before any bid.

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577 Franklin Avenue — Investor Recommendations

Very Low Judgment Amount

The judgment amount is only $242,575.01.

For Bedford-Stuyvesant — especially on active and highly desirable Franklin Avenue — this is an unusually low figure. It may indicate meaningful equity, meaning the gap between the debt and the potential market value could be attractive to investors.

Because of that possible equity spread, this property may attract competitive bidding.

Special Payment Condition

The notice specifically states: “Cash will not be accepted.”

This is generally consistent with foreclosure auction practice, where certified or bank checks are usually required, but the notice places special emphasis on it. Investors should verify the exact deposit and payment instructions in the Terms of Sale before attending the auction.

Neighborhood and Property Type

The property sits near the border of Bedford-Stuyvesant and Crown Heights.

Buildings along Franklin Avenue are often mixed-use, with commercial space on the ground floor and residential apartments above. That can create strong upside, but it also requires extra due diligence on zoning, certificates of occupancy, tenant status, and any commercial-use violations.

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254 Decatur Street — Investor Recommendations

Judgment Amount Not Disclosed

The notice does not state the judgment amount. This sometimes happens in foreclosure notices when the attorneys omit the figure from the publication or when the number appears on another page of the case documents.

Before bidding, investors should obtain the debt amount from the court file, using index number 510664/2015, or request it directly from the referee.

Estate-Related Sale

Like the New York Avenue property, this house appears to be connected to the debts of a deceased owner — the Estate of Rodney Dent.

Estate-related foreclosure sales can create additional due-diligence concerns, including possible heirs, occupancy issues, deferred maintenance, and questions about how long the property may have been unmanaged.

Older Case History

The foreclosure case was filed in 2015, and the final judgment was entered in 2022.

That long timeline means investors should carefully check accrued interest, taxes, liens, DOB violations, water charges, and any case updates before the auction date.

Neighborhood Appeal: Stuyvesant Heights / Bed-Stuy

The property is located on a street in the historic Bed-Stuy / Stuyvesant Heights area, known for classic Brooklyn townhouses.

That location makes the lot potentially attractive to investors, especially flippers and townhouse buyers, but the missing debt figure makes proper underwriting essential before any bid is placed.

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437 Amber Street — Investor Recommendations

Different Online Monitoring Platform

Unlike many of the other properties on this list that are also tracked through Auction.com, this lot is listed on XOME.com.

Xome is a major distressed-property and mortgage-servicing auction platform, and it may have its own registration rules, bidder requirements, document access process, and status updates.

Any investor interested in this property should create or verify a Xome account before the auction date and monitor the listing for postponements, cancellation notices, or updated sale terms.

Extremely High Debt for the Area

The judgment amount is nearly $1.39 million.

For the East New York / City Line area, this is unusually high for a single residential property. The likely reason is the age of the case: the foreclosure has been pending since 2014, allowing interest, penalties, legal fees, and other charges to accumulate for more than a decade.

There is a real possibility that the total debt is higher than the property’s current market value. This makes the property risky unless the investor confirms the payoff numbers, title condition, tax status, and comparable sales before bidding.

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2952 Gerritsen Avenue — Investor Recommendations

Location-Specific Risk: Flood Zone Exposure

This lot has an important geographic risk that every investor should evaluate carefully.

Gerritsen Beach is a coastal neighborhood on a peninsula. Properties in this area often fall within FEMA flood-risk zones, which can create significant additional ownership costs.

A future owner may be required to carry flood insurance, and premiums can be high depending on the property’s elevation, flood-zone designation, building condition, and lender requirements.

Before bidding, investors should check the FEMA flood map, verify the property’s elevation status, review any prior flood damage risk, and include flood-insurance costs in the underwriting model.

Relatively Recent Case

Unlike several of the older, long-running foreclosure cases in this auction list, this case is relatively recent.

The index number is from 2022 — 537328/2022 — and the judgment amount is $564,038.15.

That debt level may be workable for the area, but it still needs to be compared against current comparable sales, renovation costs, title issues, taxes, and flood-insurance exposure.

Auction.com Monitoring

This auction is also being tracked on Auction.com.

Investors interested in the property should save it on Auction.com and monitor the listing for postponements, cancellation notices, “cleared for sale” updates, and any uploaded due-diligence documents.

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193 Rogers Avenue — Investor Recommendations

FinCEN Reporting Rules

Like the Hancock Street property, this sale appears to fall under special oversight by the U.S. Department of the Treasury.

If an investor purchases the property in cash through a company, such as an LLC, the buyer may need to disclose the real beneficial owners of the business under anti-money-laundering reporting rules.

This is especially important for investors using entities, nominee structures, or private capital. The ownership structure should be reviewed before bidding, not after winning the auction.

Long-Running Foreclosure Case

The case index number is 510729/2014, which indicates that the foreclosure process began back in 2014.

The judgment was entered during the pandemic period, in October 2020, and the debt has now exceeded $1,000,940.47.

Because of the long timeline, investors should verify accrued interest, taxes, municipal liens, water charges, DOB or HPD violations, and any updates in the court file before relying on the published judgment amount alone.

Neighborhood and Property Type

The property is located in Crown Heights, along Rogers Avenue.

Buildings on this corridor are often multifamily or mixed-use, sometimes with retail or commercial space on the ground floor and apartments above.

That can create strong upside, but it also adds due-diligence requirements: investors should verify the certificate of occupancy, legal use, tenant status, rent regulation exposure, and any commercial-use issues before bidding.

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1788 Saint Johns Place — Investor Recommendations

Judgment Amount

The judgment amount is $782,769.99.

This is a meaningful debt amount, but it should still be compared against current comparable sales, renovation costs, title issues, taxes, and any accumulated municipal charges before deciding whether the property has enough equity for a safe bid.

Older Foreclosure Case

This is an older case, with an index number from 2015 and a judgment entered in 2019.

Long delays often suggest that the defendant may have contested the foreclosure, filed bankruptcy, negotiated loss-mitigation options, or otherwise delayed the sale process. In this case, the lender, FGMC, appears to have continued the case through to auction.

Because of the long timeline, investors should verify updated payoff figures, accrued interest, taxes, water charges, DOB or HPD violations, occupancy status, and any court-file updates before bidding.

Auction.com Monitoring

Like several other properties in this auction group, this sale is also being tracked on Auction.com.

Investors should save the property on Auction.com and monitor it for postponements, cancellation notices, “cleared for sale” status, and any uploaded due-diligence documents.

Auction Date and Location

The auction is scheduled for April 30, 2026 at 2:30 PM in Room 224.

As with other Kings County courthouse sales, investors should confirm the sale status shortly before traveling to court and bring the required certified funds according to the Terms of Sale.

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189 Hancock Street — Investor Recommendations

Extremely Old Foreclosure Case

The case index number, 26319/2007, shows that the foreclosure action began in 2007, right before the major mortgage crisis.

The judgment was entered only at the end of 2022. This means the debt may have been accumulating for nearly two decades, which helps explain the very large judgment amount of approximately $1.33 million for this property.

Before bidding, investors should verify the full payoff amount, accrued interest, taxes, municipal liens, DOB or HPD violations, water charges, and any later court-file updates.

FinCEN Reporting Rule

The notice includes a special warning related to buyer screening under the Financial Crimes Enforcement Network Real Estate Reporting Rule.

This means that if an investor buys the property for cash, without mortgage financing, through an entity such as an LLC, the buyer may be required to disclose the company’s real beneficial owners.

This is an anti-money-laundering compliance issue and should be reviewed before the auction, especially if the buyer plans to use an LLC, trust, nominee structure, or private capital.

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1295 New York Avenue — Investor Recommendations

Estate Sale / Public Administrator

The key detail for this property is the defendant status. The notice refers to the Public Administrator of Kings County to the Estate of Felix Kelly.

This means the owner has passed away and the property is being sold as part of an estate-related foreclosure sale.

For investors, this often signals that the house may have been vacant for an extended period, may have deferred maintenance, or may require significant renovation before resale or rental use.

Key Deal Data

Address: 1295 New York Avenue, Brooklyn, NY 11203.

Judgment Amount: $769,450.27.

Neighborhood: East Flatbush.

The auction is scheduled for April 30, 2026 at 2:30 PM in Room 224, 360 Adams Street.

Due Diligence Focus

Because this is an estate-related matter, investors should carefully verify the condition of the property, occupancy status, heirs or estate-related claims, title issues, taxes, water charges, DOB or HPD violations, and any updates in the court file before bidding.

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125 & 131 Arlington Avenue — Investor Recommendations

Unusual Asset Type: Church Property

This lot is a real surprise. Unlike the surrounding residential foreclosure properties, this sale involves a church / religious property.

The documents indicate that the defendant is St. Joseph's Anglican Church, while the plaintiff is the Trustees of the Estate Belonging to the Diocese of Long Island.

For investors, this is a highly non-standard asset. It may require special zoning review, religious-use restrictions analysis, and careful confirmation of permitted future uses before bidding.

Two Adjacent Lots

The sale covers not one, but two adjacent parcels: 125 Arlington Avenue and 131 Arlington Avenue.

This increases the strategic value of the property because the land footprint may be more important than the existing structure itself.

Investors should verify the exact lot dimensions, zoning district, FAR, potential assemblage value, and whether conversion, redevelopment, or adaptive reuse is legally feasible.

Low Judgment Amount

The judgment amount is only about $287,296.20, which appears very low for a two-lot Brooklyn property.

That low debt figure could create significant investor interest and competitive bidding, especially from developers, religious organizations, nonprofit buyers, and adaptive-reuse investors.

Key Due Diligence

Before bidding, verify title, zoning, landmark or community restrictions, building violations, DOB records, unpaid taxes, water charges, occupancy status, and any limitations tied to the property’s religious or institutional use.

The auction is scheduled for April 30, 2026 at the Kings County courthouse.

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108 Marion Street — Investor Recommendations

High Judgment Amount

The Notice of Sale shows a judgment amount of $1,398,231.84, plus interest and costs. The plaintiff is Bank of New York Mellon.

This debt level is relatively high and appears close to the market value range for comparable three-family homes in Bed-Stuy, which may make the property less attractive for a quick flip unless the final bidding stays disciplined.

Property and Tax Map Details

Address: 108 Marion Street, Brooklyn, NY 11233.

Tax Map: Block 1695, Lot 20.

Property Type: Three-family house.

Investor Angle

Because this is a three-family property, it may be more suitable as a long-term rental or buy-and-hold investment than as a fast flip. The rental income potential could help support the acquisition if the title, occupancy, and physical condition check out.

Before bidding, investors should verify title, taxes, DOB and HPD violations, tenant status, rent-regulation exposure, water charges, and the updated payoff / upset price.

Auction Details

The auction is scheduled for April 30, 2026 at 2:30 PM in Room 224, 360 Adams Street.

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420 Eastern Parkway — Investor Recommendations

1. Property Analysis

Address: 420 Eastern Parkway, Brooklyn, NY 11225.

Location: This property is located in Crown Heights, one of Brooklyn’s highly desirable neighborhoods. Eastern Parkway is a wide historic boulevard designed by Frederick Law Olmsted. Proximity to the Brooklyn Museum and the Brooklyn Botanic Garden makes the location especially attractive.

Tax Map: Block 1267, Lot 14.

Judgment Amount: approximately $3,194,519.74, plus interest and court costs. This gives investors a sense of the minimum level the plaintiff / bank may try to protect at the auction.

2. Financial Recommendations

Check the ARV: Compare the debt amount of approximately $3.2M against current market values for comparable buildings in the immediate area. If the market value is below the debt, the bank may take the property back as REO if no third-party bidder exceeds its protected bid.

Deposit readiness: Kings County foreclosure auctions typically require a certified check for about 10% of the winning bid immediately after the sale. The remaining 90% is usually due within 30 days, subject to the Terms of Sale.

Additional costs: Auction purchases may include responsibility for unpaid property taxes, water / sewer charges, municipal liens, and other encumbrances that were not wiped out by the foreclosure judgment.

3. Legal Due Diligence

Title search: This is critical. Verify whether there are junior mortgages, federal tax liens, DOB / ECB violations, open permits, water charges, or other claims. Not every debt automatically disappears after a foreclosure sale.

Occupancy status: The notice references individual defendants from the Drew family. Investors should confirm whether the property is single-family, multifamily, rent-regulated, occupied, or vacant. Post-auction eviction in New York can take six months to a year and may require significant legal expense.

Court file review: The case index is #533799/2022. Review the NYSCEF file to see whether there were bankruptcy filings, motions, settlement attempts, or challenges to the judgment.

4. Auction-Day Strategy

Date and time: April 30, 2026 at 2:30 PM.

Location: Kings County Supreme Court, 360 Adams Street, Room 224.

Arrive early to observe how other sales are conducted. Set a strict maximum bid before the auction and do not exceed it under pressure. Bring multiple certified checks in different amounts, such as $100K, $50K, and $25K, so you can assemble the required 10% deposit more precisely.

Important Warning

A judicial foreclosure auction is an AS IS purchase. You generally cannot inspect the interior before buying, and there are no guarantees regarding the condition of the building, tenants, mechanical systems, or utilities.

If you are not a professional investor, hire a New York real estate attorney to review the title, court file, and Terms of Sale before the auction date.

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401 Ridgewood Avenue — Investor Recommendations

1. Property Profile

Address: 401 Ridgewood Avenue, Brooklyn, NY 11208.

Neighborhood: Cypress Hills / East New York. This area has a different investment profile from Crown Heights: the entry price is lower, but property management, tenant risk, and block-by-block variation require closer review.

Tax Map: Block 4117, Lot 48.

Judgment Amount: approximately $378,597.54, plus interest and costs. By Brooklyn standards, this is a relatively budget-friendly foreclosure lot, which may attract smaller and mid-sized investors.

2. Legal History and Red Flags

Long-running case: The index number is #508625/2016, meaning the foreclosure case has been pending since 2016. A 10-year foreclosure timeline often suggests active defense, motions, settlement attempts, or bankruptcy-related delays.

Before bidding, review the NYSCEF docket carefully for any recent motions, appeals, bankruptcy filings, or requests to stay the sale that could delay the transfer of title even after the auction.

Plaintiff: UMB Bank as trustee for LVS Title Trust XIII. This type of plaintiff often represents a securitized or transferred debt structure. These funds are usually focused on recovering liquidity, but they may still bid aggressively up to the protected debt amount.

3. Market and Due Diligence

Market comparison: In this area, one- and two-family homes may trade roughly in the $550K–$850K range depending on size, condition, occupancy, and renovation quality. A debt amount around $378K may leave room for equity, but only if title, liens, and condition are manageable.

Property type: Verify whether this is a one-family, two-family, or multifamily property through public records, Zillow, PropStream, or NYC databases. If it is multifamily, check for HPD violations, rent-regulated tenants, open repairs, and possible rent arrears.

4. Financial Notes

Deposit: Prepare certified checks for approximately 10% of your expected winning bid. Given the judgment amount, investors may want checks that can cover bids in the $400K–$500K range.

Hidden costs: Check NYC property taxes, water / sewer charges, DOB / ECB violations, HPD complaints, and any municipal liens. In East Brooklyn, unpaid water bills and tax arrears can sometimes be significant.

Summary

This is a classic long-delayed foreclosure with a potentially attractive debt-to-value profile. The key is not just the low judgment amount, but whether the property has clean title, manageable occupants, and limited municipal debt.

Check NYSCEF under #508625/2016 for recent activity, especially any motion to stay the sale. Also monitor Auction.com, where the listing may include exterior photos, status updates, or limited property notes.