East 8th Street, Gravesend Neck Road And Other Private Residences On City’s Auction Block

Seems like the city is selling off all of their unused properties. After the city auctioned off several vacant lots, they plan on selling private homes next.

On May 22, The Kings County Public Administrator will hold the auction of 16 Brooklyn properties. These properties were owned by people who died without writing a will. The auction will be held at the Brooklyn Supreme Court at 380 Adams Street at 1 p.m.

The home at 2247 East 8th Street is going for $450K.

The properties have minimum bids ranging from $275,000 to $1.6 million, according to Malcolm Carter, Senior Vice President of Charles Rutenberg Realty.

The last time a real estate auction for private homes was held was in June of last year.