NYC Foreclosure Auction Radar — May 19, 2026

Five properties entered NYC's public foreclosure pipeline between May 18–19, 2026, concentrated in Brooklyn (2), Queens (2), and the Bronx (1). Manhattan and Staten Island had zero new listings in the 24-hour window — confirmed across seven independent search passes against Auction.com, NoticeRegistry, and borough court records. The lead deal is a live Auction.com online auction in East Flatbush that closes tomorrow, May 20 — roughly 24 hours from the time of this issue.

All five cases are mortgage or co-op lien foreclosures. NYC's tax lien sale program has been paused since April 24, 2026, and the pause runs through approximately October 24, 2026 — so any unpaid property taxes on these listings exist as passive debt obligations on the property but will not be separately auctioned during this window. (This was covered in the May 18 issue; the underlying City Council action remains in effect.)

Quick-scan table

Rank	Address	Borough	Type	Auction date	Opening bid	Est. market value	Implied discount
1	625 Lenox Rd, Brooklyn	Brooklyn	Mortgage foreclosure	May 20, 2026 ⚡	$275,000	~$620K–$764K	55–64% off
2	3122 Neptune Ave, Brooklyn	Brooklyn	Bank REO (not foreclosure)	~May 20–21, 2026	$300,000	~$653K–$670K	55% off
3	50-26 46th St, Woodside, Queens	Queens	Mortgage foreclosure	Jun 12, 2026	TBD (judgment ~$526K)	~$905K–$1,005K	TBD
4	35-44 100th St, Corona, Queens	Queens	Mortgage foreclosure	Jun 26, 2026	TBD	~$879K–$1,037K	TBD
5	8 Fordham Hill Oval 2A, Bronx	Bronx	Co-op lien foreclosure	TBD (~late May / Jun)	TBD (judgment ~$445K)	~$220K–$255K	⚠️ Judgment > market

Brooklyn — two entries leading the week

625 Lenox Road, East Flatbush, Brooklyn NY 11203

⚡ Auction closes May 20, 2026 — approximately 24 hours remaining.

This is an active online foreclosure auction on Auction.com (listing 2060173), with bidding open since May 18 at 5:00 a.m. PDT.1 The opening bid is $275,000.

The property is a 2-bedroom, 1-bathroom single-family Ranch-style home built in 1940, at 1,505 sqft on an approximately 2,450 sqft lot in East Flatbush.2 The property has carried an active MLS listing (MLS #817474) at $620,000 ($411/sqft via StreetEasy) for over 471 days.3 The tax-assessed value on the same block runs approximately $764,000 (based on neighboring property 680 Lenox Rd).4

Discount at opening bid:

Benchmark	Value	Discount to $275K opening bid
MLS asking price (MLS #817474)	$620,000	55.6%
East Flatbush single-family median	~$750,000	63.3%
Tax-assessed value (block proxy)	~$764,000	64.0%

Expect competitive bidding to push the final price well above $275K — opening bids on Auction.com online auctions routinely clear 30–40% above the opening figure in active Brooklyn markets.

Foreclosure background: The plaintiff appears to be U.S. Bank Trust National Association, based on a Trellis Law / NYSCEF filing referencing a residential foreclosure at 625 Lenox Rd in Kings County.[cite:5|Trellis Law / NYSCEF — U.S. Bank Trust National v. [Defendant], Kings County|[https://trellis.law/doc/144655521/exhibit-s-f-motion-1-default-notices-1304-notices-1306-proof-filing-statement]] The plaintiff name is not fully confirmed — the case index number was not captured. Mortgage foreclosure, conducted entirely as an online auction on Auction.com (not an in-person courthouse sale).

Risk flags:

Urgency: The auction closes May 20. Due diligence time is extremely compressed — there is no realistic window to complete a title search before bidding closes.
Title / lien status unconfirmed: Junior liens beyond the first mortgage have not been verified. Pull the ACRIS (NYC's Automated City Register Information System, the public deed/mortgage database at acris.nyc.gov) history for this block/lot before placing any bid.
Plaintiff identity uncertain: The U.S. Bank Trust National Association citation is from a search snippet, not a confirmed court filing. Verify through NYSCEF / Kings County Supreme Court before relying on it.
Occupancy unknown: Could be owner-occupied or tenant-occupied. If occupied, buyer will need to initiate holdover proceedings after closing, adding months and legal cost.
Auction.com buyer's premium: Typically 5% of the winning bid, payable in addition to the purchase price. On a $450K final bid, that adds $22,500.

3122 Neptune Avenue, Coney Island, Brooklyn NY 11224

⚠️ This is not a foreclosure auction. It is a bank-owned REO (Real Estate Owned) property.

The lender already completed foreclosure, took title, and is now selling the asset directly. Bidding appears to end approximately May 20–21, 2026 on Auction.com (listing 2069158), with an opening bid of $300,000.5

The property is a 3-bedroom, 2-bathroom single-family colonial home, 2 stories, built 1985. Square footage is disputed: Auction.com shows 1,520 sqft; Zillow shows 1,827 sqft — the difference likely reflects a measurement methodology discrepancy.6 The Zillow market estimate is $670,000; DistressedRealEstate.net shows $653,000.7 The PropertyShark NYC DOF-assessed value (tax purposes only) is $40,920 — not the market value figure.8

Discount at $300K opening bid:

Benchmark	Value	Discount to $300K opening bid
Zillow estimate	$670,000	55.2%
DistressedRealEstate.net estimate	$653,000	54.1%

The prior foreclosure was handled through Kings County Supreme Court. A legal notice published August 28, 2025 in the Brooklyn Daily Eagle referenced the plaintiff as "[Name] MORTGAGE COMPANY, INC." — the full plaintiff name was not captured.9

REO vs. foreclosure — why the distinction matters for buyers:

In an active mortgage foreclosure auction, a buyer wins at a courthouse sale or Auction.com event and takes title subject to whatever the referee's deed conveys. In an REO sale, the bank holds clean title (the foreclosure already closed) and is selling directly. Most mechanic's liens, second mortgages, and HOA arrears from the prior foreclosure were extinguished when the bank took the property. That simplifies the title picture considerably compared to a live foreclosure sale.

However, certain liens survive REO: federal tax liens, municipal violations, and open environmental liens can attach to the new owner regardless of the REO sale. A title search is still mandatory. For any NYC property, start with ACRIS (acris.nyc.gov) for the deed and mortgage chain, then cross-reference NYC Department of Buildings (DOB) for open violations.

Risk flags:

Opening bid is a floor, not a price: REO opening bids are often set low to attract competitive interest. The final sale price on a Coney Island 3-bedroom with a $670K Zestimate is unlikely to close at $300K.
Occupancy unknown: REO properties are typically vacant, but there is no confirmed vacancy here. An occupied REO requires post-closing eviction proceedings.
Square footage dispute (1,520 vs. 1,827 sqft): The gap affects price-per-square-foot calculations. At $300K and 1,827 sqft, PPSF is $164 — well below the Coney Island single-family median. At 1,520 sqft it is $197/sqft. Both are materially below market, but buyers should verify the actual square footage through a site visit before bidding.
Prior case details thin: Full foreclosure case number and plaintiff name not confirmed. Verify chain of title through ACRIS before closing.

Queens — two courthouse auctions, no opening bids yet

50-26 46th Street, Woodside, Queens NY 11377

Auction: June 12, 2026 at 11:00 a.m., Queens County Courthouse. This is an in-person public referee's sale, not an Auction.com online auction. Bidders must attend in person and bring certified funds — 10% deposit due at the sale.10 11

Plaintiff: BOKF, N.A. (Bank of Oklahoma, National Association — an Oklahoma-based national bank that services residential mortgage portfolios across the country). Defendant: Nurettin Firik et al. Case: Index No. 727371/2023, Queens County Supreme Court. Judgment of Foreclosure and Sale entered March 27–28, 2024.12

The judgment amount is approximately $525,943 plus interest and costs. The opening bid — set by the court-appointed referee — was not published at the time of research.

Property: Single-family home, 4 bedrooms, 2 bathrooms, 2,010 sqft, built 1950, with a 2-car garage. Last sold for $680,000 in 2015 ($338/sqft at the time).13

Estimated current value: Woodside single-family home averages ran approximately $959,706 in 2024–2025 (up ~7% year-over-year), with PPSF in the $450–$563 range.10 At $500/sqft on 2,010 sqft, the conservative estimate is approximately $1,005,000. The $525,943 judgment represents roughly 48% below that conservative estimate — though the actual opening bid and final hammer price will determine the real discount.

Timing anomaly: The judgment was entered in March 2024; the auction is scheduled for June 2026 — a 26-month gap. That duration is notably long and may reflect borrower legal challenges, a prior bankruptcy stay, or multiple adjournments. A case with a prolonged gap between judgment and sale has a higher-than-normal probability of last-minute adjournment. Confirm the June 12 date is live on the morning of the auction before traveling to Queens County Courthouse.

Risk flags:

No opening bid published: The discount calculation is against the judgment amount, not a confirmed opening bid. Referee-set opening bids can come in at or above the judgment, which would compress or eliminate the apparent discount.
Occupancy unknown: No eviction records found, but occupancy status is unconfirmed. A 4-bedroom, 2-car garage single-family is plausibly owner-occupied.
26-month judgment-to-auction gap: Probability of further adjournment is elevated. Monitor the Queens County Supreme Court calendar through the auction date.
Junior liens unverified: No second mortgage, HELOC, tax lien, or mechanic's lien data was found. Pull ACRIS record for this block/lot before the auction.
10% deposit in certified funds required: No electronic or personal check accepted at courthouse referee sales.

35-44 100th Street, Corona, Queens NY 11368

Auction: June 26, 2026, Queens County Courthouse. Auction.com event E-31441 — listed as a hybrid (Auction.com listing, in-person courthouse execution).14 15 This auction was originally scheduled for April 24, 2026 and was adjourned to June 26.

Plaintiff: HSBC Bank USA, N.A., as Trustee for NAAC 2007-[series]. Defendant: Figueroa, Alberto et al. Case: Index No. 705395/2022, Queens County Supreme Court. Case filed approximately March 2022; latest docket document dated October 15, 2025.16 17

Opening bid: Not yet published on Auction.com (listed as TBD).

Property: 2-family brick house, 3,620 sqft on a 3,125 sqft lot, built as a 2-unit income-producing dwelling. Last sold November 10, 2004 for $670,000.18 The same property is currently listed on MLS #971534 at $1,500,000 (active since March 20, 2026).19

Value context:

Estimate source	Value
MLS asking price (MLS #971534, active since Mar 20, 2026)	$1,500,000
Auction.com internal AVM	$878,962
NYC DOF tax assessor market value (adjacent property proxy)	~$1,037,000

The three estimates span a wide range ($879K to $1.5M), reflecting the challenge of valuing an income-producing multi-family in Corona without confirmed rent rolls or interior access. The MLS asking price of $1.5M is an aspirational asking price, not a confirmed market value. Without a published opening bid, no discount calculation is possible.

Note that the prior April 24 auction date was adjourned — the June 26 date may also move. Corona, Queens is an active multi-family investment market (proximity to LaGuardia Airport and the 7 train line), and a 2-family in this submarket at a below-AVM opening bid would attract competitive bidding.

Risk flags:

No opening bid published: All value estimates remain indicative until the opening bid appears on Auction.com.
Prior adjournment from April 24: One adjournment already on record. Verify the June 26 date is active before committing research resources.
Occupancy flagged "Occupied": Older Auction.com data tagged this property as occupied. Buyer must account for eviction proceedings for one or both units post-closing.
Lien detail beyond first mortgage unconfirmed: HSBC's first mortgage is the foreclosing lien. Any junior HELOC, second mortgage, tax arrears, or mechanic's lien is unverified. Pull the ACRIS mortgage and deed history for this block/lot.
Multi-family complexity: Two units means potentially two occupants with separate tenancy rights. NY tenant protections are substantial, and a post-foreclosure buyer cannot convert to owner-occupied without going through proper legal channels.

Bronx — co-op lien foreclosure (high complexity)

8 Fordham Hill Oval, Unit 2A, University Heights, Bronx NY 10468

Auction date: unconfirmed. A legal notice was published May 8, 2026 in Bronx Supreme Court (Courtroom 711), placing the likely auction in late May or June 2026. No specific date has been published.20

This is a co-op lien foreclosure — structurally different from all other listings in this issue.

The plaintiff is Fordham Hill Owners Corporation — the co-op corporation itself — foreclosing against Unit 2A for unpaid maintenance, common charges, and assessments. This is not a mortgage foreclosure. The mechanism is a UCC Article 9 sale of the shares and proprietary lease appurtenant to the unit. Judgment amount: approximately $445,386.18.20

Unit specifications: Approximately 950–975 sqft, 2 bedrooms, 1 bathroom, on the second floor of the Fordham Hill complex. Fordham Hill Cooperative is a gated community of 9 high-rise buildings with 1,130 apartments in University Heights, Bronx, built 1950.

Comparable unit sales in the same complex:

Unit	Status	Price / Est.
Unit 2B (same tier, same building)	Sold Mar 5, 2026	~$237,00021
Unit 2F (935 sqft)	Listed $244,000, delisted Apr 2026	~$244,00022
Unit 1B (975 sqft, 2bd/1ba)	Active since Apr 2024	$255,50023
Unit 6B (863 sqft)	Active	$170,000
Unit 10B (975 sqft)	Active, May 2026	$266,000

Estimated market value for Unit 2A: $220,000–$255,000 based on the comparable range.

The arithmetic does not work in a straightforward way: The judgment of ~$445,386 substantially exceeds the unit's estimated market value of $220,000–$255,000. A third-party buyer at auction would bid against this judgment. If no third-party bids above the judgment amount, the co-op corporation takes the unit back. For a third-party buyer to realize any equity, they would need to win at a price below market value — but bidding below the judgment amount typically fails to satisfy the foreclosure conditions. This is structurally difficult for outside bidders.

The co-op board has demonstrated its willingness to pursue arrears litigation: the NY First Department confirmed Fordham Hill Owners Corporation's standing to foreclose in Matter of Fordham Hill Owners Corp. v. Soliman (2025 NY Slip Op 01889).24

Risk flags:

Judgment (~$445K) exceeds estimated market value (~$220K–$255K): A third-party buyer bidding above market to win the auction is instantly underwater. A bid at market value likely does not satisfy the lien.
Co-op board right of first refusal and purchaser approval: The Fordham Hill board likely has the right to reject a prospective buyer who does not meet its financial and background standards. A winning bidder who is not approved by the board cannot close.
Monthly maintenance obligation (~$1,200–$1,400/month): The buyer steps into the maintenance obligation from the closing date. At $1,316/month (confirmed for comparable Unit 4D25), the annual carrying cost is approximately $15,800 before any financing.
Sublet restrictions: NY co-ops typically impose strict subletting rules. An investor buyer cannot immediately rent the unit without board approval.
Occupancy unknown: If the unit is owner-occupied, post-foreclosure possession requires a holdover proceeding.
Auction date unconfirmed: No specific sale date has been published. Monitor the Bronx Supreme Court calendar.
Any underlying first mortgage: Whether a first mortgage exists on Unit 2A senior to the co-op lien has not been confirmed. If one exists, a co-op lien sale does not extinguish it — the buyer acquires the shares subject to any surviving mortgage.

Coverage gaps and data limitations

Several key data points were unavailable at research time due to systemic page-fetch timeouts across Auction.com, Zillow, and court record databases. Affected items:

Opening bids for 50-26 46th St (Woodside) and 35-44 100th St (Corona): Both are court auctions where the referee typically sets the opening bid shortly before the sale. Check Auction.com and the Queens County Courthouse calendar approximately 2–3 weeks prior to the respective auction dates.
Auction date for 8 Fordham Hill Oval 2A: Published only in the Bronx Supreme Court courtroom calendar. Check the court's public docket for the case ID associated with the May 8, 2026 legal notice.
Current live bid for 625 Lenox Rd: The real-time bid is behind Auction.com's login/anti-bot wall and was not accessible at research time. Check the live listing directly before the May 20 close.
Lien details (all properties): Junior liens, HELOCs, mechanic's liens, and HOA arrears for all five properties are unverified. An ACRIS title search and, where applicable, a full title insurance commitment are mandatory for any property where a bid is contemplated.
PropertyShark citywide count: The PropertyShark NYC foreclosures page was inaccessible during this research window, so a cross-check against the total active NYC foreclosure inventory (~387 as of May 18 baseline) was not possible for this issue.

Buyer guidance

For the May 20 auction (625 Lenox Rd): The window for pre-bid due diligence is effectively closed. If you are an experienced auction buyer with a standing title search relationship and have already reviewed the ACRIS record for this property, the East Flatbush discount depth warrants bidding at market-tested levels. If you are conducting due diligence for the first time, skip this one — do not bid on a property you have not vetted.

For the June 12 and June 26 court auctions (Woodside and Corona): The next 3–4 weeks allow sufficient time for ACRIS searches, an independent appraisal, and a title commitment. Both properties are in active Queens single-family and multi-family markets. The key unknowns — opening bid and occupancy — will narrow as the auction dates approach.

For 3122 Neptune Ave (REO): The cleaner title picture (lender already foreclosed) reduces one category of title risk, but it does not eliminate all risks. Verify municipal violations through the NYC Department of Buildings records and confirm occupancy status before the auction closes.

For 8 Fordham Hill Oval 2A (co-op lien): This listing is not suitable for most homebuyers or standard investors. The judgment-to-value ratio, co-op board approval hurdle, and uncertain opening bid structure make it a specialized workout opportunity at best. Buyers with experience in NY co-op distressed sales are the relevant audience.

NYC Foreclosure Auction Radar — May 19, 2026

Quick-scan table

Brooklyn — two entries leading the week

625 Lenox Road, East Flatbush, Brooklyn NY 11203

3122 Neptune Avenue, Coney Island, Brooklyn NY 11224

Queens — two courthouse auctions, no opening bids yet

50-26 46th Street, Woodside, Queens NY 11377

35-44 100th Street, Corona, Queens NY 11368

Bronx — co-op lien foreclosure (high complexity)

8 Fordham Hill Oval, Unit 2A, University Heights, Bronx NY 10468

Coverage gaps and data limitations

Buyer guidance

References