new report<\/a> by PropertyShark analyzed first-time residential foreclosures across New York City in 2025 to identify trends in the city\u2019s real estate market.<\/p>\nThere were 1,588 first-time residential foreclosures across New York City during 2025, which was 8% higher than the 1,475 in 2024.<\/p>\n
\u201cThe NYC foreclosure market heated up in 2025,\u201d said Eliza Theiss of PropertyShark. \u201cStill, the market remained slightly below 2023 levels, the most active post-pandemic year yet for the NYC distressed property sector with 1,619 first-time filings.\u201d<\/p>\n
The number of first-time residential foreclosures varied greatly by borough, with Queens leading the way with 587, representing roughly 37% of all citywide cases.<\/p>\n
Brooklyn had the second-most foreclosures with 460, which was just nine more than the 451 the borough saw in 2024.<\/p>\n
Manhattan saw 208 first-time residential foreclosures, a 28% increase from the 163 recorded the previous year.<\/p>\n
The 208 first-time residential foreclosures in Manhattan represent the most the borough has seen since PropertyShark began tracking data in 2010.<\/p>\n
The Bronx recorded 194 foreclosures in 2025, up from 144 in 2024. The 35% increase was the largest of any borough and the primary driver of the citywide increase.<\/p>\n
For the second straight year, Staten Island had the fewest foreclosures of any borough with 139 in 2025, just three more than the 136 in 2024.<\/p>\n
\u201cClosing 2025 with 139 first-time filings after a negligible 2% Y-o-Y uptick, Staten Island was yet again the least-active foreclosure market in NYC and considerably down compared to its 196-foreclosure peak in 2023,\u201d said Theiss.<\/p>\n","protected":false},"excerpt":{"rendered":"STATEN ISLAND, N.Y. \u2014 The number of residential foreclosures across New York City increased over the past year,…\n","protected":false},"author":2,"featured_media":13337,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[10139,10140,5462,10141,10142,288,659,10143,10144,10145,9433,10146,10147,10148,10149,10150,10151,10152,10153,10154,10155,10156,10157,5682,10158,10159,10160,10161,10162,10163,660,5349,10164,10165,10166,10167,9,24,10168,10169,63,2577,3419,10170,7744,10171,10172,10173,10174,134,136,135,2407,10175,5661,10176,10177],"class_list":["post-108473","post","type-post","status-publish","format-standard","has-post-thumbnail","category-staten-island","tag-american-culture","tag-anxiety","tag-architecture","tag-building-exterior","tag-built-structure","tag-business","tag-color-image","tag-concepts","tag-crisis","tag-cultures","tag-day","tag-despair","tag-disappointment","tag-distraught","tag-embarrassment","tag-emotion","tag-emotional-stress","tag-empty","tag-entrance","tag-facade","tag-failure","tag-fear","tag-for-sale","tag-foreclosure","tag-front-door","tag-front-or-back-yard","tag-front-view","tag-frustration","tag-guilt","tag-home-ownership","tag-horizontal","tag-house","tag-lifestyles","tag-loss","tag-low-angle-view","tag-middle-class","tag-new-york","tag-new-york-city","tag-no-people","tag-non-urban-scene","tag-nyc","tag-outdoors","tag-photography","tag-plant","tag-price","tag-real-estate-sign","tag-red","tag-residential-building","tag-sign","tag-staten-island","tag-staten-island-headlines","tag-staten-island-news","tag-style","tag-uncertainty","tag-white","tag-window","tag-woodland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/108473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=108473"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/108473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/13337"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=108473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=108473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=108473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}