$1,540,115 EMV NEW

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E 1st St Apt 4s
New York, NY 10003

Overview

This Preforeclosure is located at E 1st St Apt 4s, New York, NY 10003. This property is currently in auction with an estimated market value of $1,540,115.
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Status: Active
Listing ID: 63793146
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Learn about E 1st St Apt 4s in New York, NY

This property is available as a preforeclosure at E 1st St Apt 4s. Our team of real estate experts has conducted a thorough analysis of the current market conditions in New York, specifically for E 1st St Apt 4s and comparable listings. Based on this expert analysis, the estimated market value is $1,540,115. If purchased for rental purposes, the monthly rental rate could range between $2,780 and $4,160, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on E 1st St Apt 4s are updated daily along with others in New York, New York, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for E 1st St Apt 4s below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

E 1st St Apt 4s in New York New York Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on E 1st St Apt 4s
View Preforeclosure Status
07/08/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

This Property Has An Auction

Get up-to-date information and real-time property status updates:

Address: E 1st St Apt 4s New York NY 10003

Auction Time Left

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The countdown is usually accurate but not exact. To be safe, place bids 2 hours before the bidding ends.

What is the city of New York, NY like?

New York City is a bustling metropolis known for its vibrant culture, iconic landmarks, and diverse population. The city offers a unique blend of opportunities with a fast-paced lifestyle, attracting residents who enjoy art, fashion, and dining experiences from around the world. With world-renowned attractions such as Central Park, Times Square, and the Statue of Liberty, New York is a city that never sleeps and always has something new to offer.

Education is a top priority in New York, featuring prestigious institutions such as Columbia University and New York University, along with numerous public and private schools. The city is home to libraries and community centers that provide residents with access to educational resources and in-depth learning opportunities. Families in the city have access to various extracurricular activities, enhancing their children's experiences.

Outdoor enthusiasts can take advantage of the numerous parks and recreational areas throughout the five boroughs. Central Park is a beloved recreational getaway that offers walking trails, sports facilities, and picnic spots. Additionally, New York's waterfront parks provide breathtaking views and outdoor spaces for various activities, from jogging to community events.

Nearby Schools

There are 5 schools in the area. Nearby schools include P.S. 001 Alfred E. Smith and M.S. 324 Patria Mirabal.

P.S. 001 Alfred E. Smith
M.S. 324 Patria Mirabal
The Beacon School
Columbia University
New York University

Nearby Attractions

There are plenty of activities near this property like New York Public Library, YMCA, and more.

New York Public Library
YMCA
Mount Sinai Hospital
Emergency Services
Public Libraries

What kind of public transportation is there?


Public transportation options include: Extensive subway system connecting all five boroughs, Numerous bus routes providing easy access throughout the city, Commuter trains like the Long Island Rail Road (LIRR) and New Jersey Transit for access to surrounding areas, Bike-sharing programs available for commuting within the city. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Central Park, Prospect Park and more.

Central Park
Prospect Park
Brooklyn Bridge Park
Riverside Park
Fort Tryon Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon Wireless
AT&T
T-Mobile
Sprint
Cricket Wireless

Internet Providers

Verizon Fios
Spectrum
AT&T
Optimum
RCN
Rental Chart
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for E 1st St Apt 4s in New York New York
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Property Information

Public Records

Preforeclosure

The property located at E 1st St Apt 4s in New York, NY is listed as a Preforeclosure

This listing located at E 1st St Apt 4s in New York, NY could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in New York, New York is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in New York, NY, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in New York, New York doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for E 1st St Apt 4s located in New York, NY is $3,470/month. Comparable homes around E 1st St Apt 4s that are rentals have monthly ranges starting as low as $2,780 per month and as high as $4,160 per month. An owner looking to use this property as an investment could bring a return in the area of $2,780 - $4,160 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
07/08/25   Preforeclosure Morgan Stanley Private Bank NA
12/12/18 08/09/19 Preforeclosure MORGAN STANLEY PRIVATE BANK...

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E 1st St Apt 4s
New York, NY 10003

$1,540,115 EMV

Status: Active Listing ID: 63793146

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=E-1st-St-Apt-4s-New-York-NY-10003/63793146_lid

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