Three Boerum Hill properties up for auction next week

New York /
Jul.July 22, 2011 12:20 PM
alternate
text
From left: 48 3rd Avenue, 46 3rd Avenue and 514 Atlantic Avenue (building credits: PropertyShark)

Three Boerum Hill properties are heading to auction next Thursday, Brownstoner reported. The three properties, at 46 Third Avenue, 48 Third Avenue and 514 Atlantic Avenue are all located near the corner of Atlantic and Third avenues and are owned by a company called Do-Ray 46, Inc.

Public records show the company purchased 46 Third Avenue, a two-story, 2,200-square-foot building with a bar called Hank’s Saloon at the base for $1.1 million in 2006, 48 3rd Avenue, a 1,100-square-foot vacant lot for $660,000 in 2006 and 514 Atlantic Avenue, a three-story 2,280 square food residential building with ground floor retail in 2006 with no price listed. The three properties have a lien of $4.16 million, PropertyShark.com shows.

Brownstoner said the developer behind the name is R&E Brooklyn, which also built the Green House at 93 Nevins Street, and had intended to build a six-story, 12-unit apartment building at the site in 2008. But the community board was opposed to the plan, which exceeded local zoning laws.

The Auction Is Taking Place next Thursday in the Kings County Courthouse at 360 Adams Street. [Brownstoner]


Related Articles

arrow_forward_ios
City subsidizing rent at deed fraudster’s properties: report
City subsidizing rent at deed fraudster’s properties: report
City subsidizing rent at deed fraudster’s properties: report
Foreclosures in an uptick
Foreclosures and mortgage delinquencies tick up in June
Foreclosures and mortgage delinquencies tick up in June
Extell's Gary Barnett, Robert Gans and an aerial of 616 11th Avenue (Robert’s Steakhouse, Google Maps)
Investor Robert Gans files for bankruptcy to thwart Barnett, Eli Tabak
Investor Robert Gans files for bankruptcy to thwart Barnett, Eli Tabak
15 West 43rd Street (Google Maps)
Lender files to foreclose on Princeton Club of New York
Lender files to foreclose on Princeton Club of New York
Parkview’s Paul Rahimian with 1800 Avenue at Port Imperial (LinkedIn, Handel Architects)
Lender plans unusual loan sale on Chinese developer’s troubled NJ project
Lender plans unusual loan sale on Chinese developer’s troubled NJ project
Parkview’s Paul Rahimian and 1800 Avenue at Port Imperial (Parkview Financial, Handel Architects, Illustration by Kevin Cifuentes for The Real Deal)
Chinese developer Hongkun faces foreclosure on luxury NJ condo
Chinese developer Hongkun faces foreclosure on luxury NJ condo
Joseph Chetrit and 98 Montague Street in Downtown Brooklyn (Credit: Getty Images and Google Maps)
Brooklyn’s iconic Bossert Hotel facing foreclosure
Brooklyn’s iconic Bossert Hotel facing foreclosure
Related's Stephen Ross, the Gregory Hotel at 42 West 35th Street and Meadow Partners’ Jeffrey Kaplan (Getty, Google Maps, Meadow Partners)
Related sues Meadow after foreclosure on Garment District hotel
Related sues Meadow after foreclosure on Garment District hotel
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...