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Follow Up: No Buyers for Grand Street Co-ops at Auction

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This apartment at 570 Grand St. in the East River Co-op, along with another in Seward Park, remained unsold at last week's auction.

Last week, we previewed two properties that were up for bid at an auction held by the Public Administrator of New York County. Neither of the one-bedroom co-ops, one in East River at 570 Grand St. and one in Seward Park at 210 E. Broadway, sold at the Dec. 8 auction.

The East River apartment, #H1004, a balcony unit with Williamsburg Bridge views with a minimum bid of $400,000, went unclaimed for the second time, after failing to draw bidders at a September auction, when it was priced at $450,000. Under the public administrator’s procedures, it will now be handed over to a private real estate firm to market.

The Seward Park apartment, #H604, which overlooks the city park of the same name and carried a minimum bid of $370,000, may come back for listing at a subsequent public auction.

Real estate agent Malcolm Carter follows the public administrator’s auctions closely, and has more details on his blog.

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