$6,999,999


Commercial

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Arthur Kill Rd
Staten Island, NY 10309

Potential Profit

$950,601

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Status: Active
Listing ID: 56438914

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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06/10/21
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $6,999,999. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Property Information

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Staten Island, NY
Home Inspectors

Summit Property Inspectors
Emmanuel Stratakis
718-720-5512
Stephen Byrne
347-452-3796
Sevens Inspection Services
Salvatore C Settepani
3475599468
ADV Inspections Inc.
Sergey Belov
917-459-8827
foreclosure.com

Arthur Kill Rd
Staten Island, NY 10309

Commercial

$6,999,999

Status: Active Listing ID: 56438914

Property Information

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Property Description

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Listing URL

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