562A Lafayette Ave, Brooklyn, NY 11205

Deadline to apply for the invitation only auction has passed. The court ordered auctions will take place on Feb 1, 2016 the United States Eastern District Bankruptcy Courthouse- Courtroom 2529, 271 Cadman Plaza East, Brooklyn, NY 11201. Two auctions will take place on this same day. First auction, at 10am, will be subject to HPD restrictions. Second auction, at 2pm, will be without HPD restrictions. The price of this listing is the minimum bid for the property. The property will be sold AS IS without representation of Certificate of Occupancy. Property may have open permits or violations that will need to be cured by the buyer. 562A Lafayette Avenue is a 2-story apartment building containing 2 apartments that was built circa 1899 and was subsequently renovated in 2008. The unit mix is comprised of a 3-bedroom duplex apartment and a 2-bedroom simplex apartment. City records reflect three Class A units. 562A Lafayette Avenue is a 17 x 40 building on a 17 X 100 lot. Currently estimated to contain 1,980 square feet (FAR 1.2) it has a maximum usable area of 3,300 sq. ft. with a max FAR of 2. It is located on the southerly side of Lafayette Avenue between Bedford and Nostrand Avenues in the Bedford-Stuyvesant neighborhood of Brooklyn.