Nine (9) Unit Bed-Stuy Multi-Family

AUCTION SALE DETAILS

**THIS PROPERTY IS BEING SOLD AS A PACKAGE WITH 709 Lafayette Ave., 335 Franklin Ave., and 327 Franklin Ave.**

Sells:  April 23, 2026 @ 11:00 a.m. (EST)
Online Auction:  via Zoom (only those who qualify to bid will receive a link to the Auction Sale)
Bid Deadline:  April 21, 2026 @ 5:00 p.m. (EST)
Opening Bid:  $2,100,000
Required Deposit:  Bank/Cashier's Check in the amount of $210,000 made payable to “David J. Doyaga, Sr., as Chapter 7 Trustee”.
Bid Qualifications:  To participate in the Auction Sale, by the Bid Deadline, each prospective bidder must: (i) register with MYC; (ii) deliver to MYC the original signed Terms and Conditions of Sale; (iii) represent to MYC that such person or entity either (a) is included on the Qualified Preservation Buyers List maintained by the New York City Department of Housing Preservation and Development and is an “eligible applicant” under Article 18 of the New York Private Housing Finance Law or (b) will negotiate in good faith with the Trustee, and cooperate in good faith with the Trustee in obtaining any and all required Agency Approvals

PROPERTY DETAILS

✓ Neighborhood:  Bedford-Stuyvesant
✓ Block & Lot:  01772 - 0051
✓ Corner Lot:  27′ x 84.75' or 2,204 SF
✓ Nine (9) Residential Units
✓ Non-Profit Designation
✓ Total Living Space: 8,000 SF 
✓ One (1) Vacancy
✓ Completely Renovated in 1998
✓ Zoning: R6A
✓ Gross Monthly Income:  $9,225.07

DISCLAIMER