849 Park Place, Brooklyn, NY 11216

Bankruptcy Auction of Crown Heights 5-Family

This property is being sold by a bankruptcy trustee via auction pursuant to a Court Order. 849 Park Place is a 25' X 105.58' lot improved by a semi-detached, 3-story, 5-family, walk-up residence. Bring your contractor as the improvement to the property is in need of an extensive renovation. Zoned R6, this property also presents a redevelopment opportunity of +/-5,808 total square feet. This property sells on April 29, 2026 at 11:00 a.m. (EST) via Zoom with an opening bid of no less than $2,300,000. Only those who qualify to bid in accordance with the Biding Procedures will receive a link to the participate at the Auction Sale. To be permitted to bid on the real property, by 5:00 p.m. (EST) on April 27, 2026, each prospective bidder must: (i) register with MYC by completing and returning the Registration Form; (ii) deliver to the Trustee the original signed Bidding Procedures; and (iii) tender the Required Deposit which is a bank check in the amount of $230,000 made payable to "David J. Doyaga, Sr. as Trustee". This property will be delivered in "as-is, where-is" condition. Any sale of this property is "all-cash" and will not be contingent upon financing. This property will be sold free and clear of all tenancies, occupancies, leasehold interests, liens, claims, and encumbrances. Disclaimer ... All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.