227 Lenox Ave.
Change of plans: Out and About will be posted next week
The bankruptcy auction of a 6,398-sf building configured as a church and including four apartments on Lenox Avenue in Harlem is scheduled for Feb. 2
Among five other properties to be auctioned are a one-bedroom co-op in Castle Village (where I once lived for 10 years) overlooking the Hudson River in Manhattan’s Washington Heights, a four-bedroom single-family home in St. Albans, Queens, and a one-bedroom co-op in Briarwood, Queens.
Springfield Missionary Baptist Church has been the owner of the central Harlem building, which is in need of renovation and lacks a proper certificate of occupancy.
At Continue reading
Two-bedroom, 2.5-bath Cape on 6.48 acress valued at $370,800 in Pawling.
A total of 122 lots, acreage, camps, homes and commercial properties in Dutchess County head to the auction block on Oct. 5 at 11 a.m.
The properties, a few of which may appeal to second-home hopefuls, are in foreclosure because of owed taxes. In Tivoli, Red Hook, Rhinebeck, Hyde Park and elsewhere throughout the county, many of those properties are undeveloped land or unlikely homes for weekenders.
The auction is to take place Continue reading
Luxury markets pulls up Q2 average price, though volume declines
Overall sales volume of condominiums and cooperative apartments in Manhattan has been off about 11 percent so far in the second quarter compared with same period last year, according to a Wall Street Journal analysis of the city’s data.
A year ago, the market was bouncing back strongly from the after-effects of the financial crisis.
Prices have remained flat. Data on closings show that median prices in the second quarter were 1.2 percent below prices during the year-earlier period, while average prices rose by 1.5 percent.
The average price for a Manhattan apartment was about $1.39 million in the latest period. The figures are based on closings filed with the city as of 15 days before the end of each quarter.
Russians are invading Continue reading
High Line is proving to be an increasingly strong magnet for developers
With the next section of the elevated Chelsea park known as the High Line poised to open next month, New York developers are gearing up numerous projects along the route in hopes of capitalizing on rising interest in the area.
The High Line has helped transform an area that remains a long walk from public transportation, offers less retail than other downtown neighborhoods, and until recently was associated with crime and industrial blight.
The second section, which is slated to open sometime in June and will run from 20th Street to 30th Street, is a less-developed area but has already attracted new construction.
Even with $60 million for adjoining apartments, not just anyone can assume board approval in famed building
Two adjoining duplex apartments at a legendary Park Avenue address are about to be put on the market for $60 million.
The grand apartments on the 12th and 13th floors of Continue reading
The estate auction of ultimately 19 properties in various Queens neighborhoods attracted $2.969 million in winning bids last week.
Withdrawn from the sale was a two-story detached frame house in East Elmhurst, and six of the properties failed to achieve their minimum bids.
The highest bid went for the Elmhurst house shown here; It sold for $500,000, well above the upset price of $319,000. In all, nine properties were hammered down at prices higher than the minimum set by Queens Public Administrator Lois M. Rosenblatt.
Below are the all the results of the auction, which was held March 15. Continue reading
Minimum bid: $551,000 for this College Point house with two-car garage. Snow shovel not included.
Queens Public Administrator Lois Rosenblatt has announced that an estate auction of seven co-ops and 13 houses will be held on March 15 starting at 11 a.m.
Prices range from $55,000 for an apartment in Jamaica and $551,000 for the College Point two-story detached brick houses shown at left.
The estate of Franz Vormittag, the house sits on a 5,000-sf lot and is subject to tenancy. Taxes are $6,677 annually.
Other properties to be auctioned are listed below along with Continue reading