STATEN ISLAND, N.Y. — The number of residential foreclosures across New York City has risen from last year, with only one borough, Staten Island, seeing a decrease.<\/p>\n
A new report<\/a> by PropertyShark analyzed first-time residential foreclosures across New York City during the third quarter of 2025 to identify trends in the city\u2019s real estate market.<\/p>\n There were 412 first-time residential foreclosures across New York City during the third quarter (Q3) of 2025, which was 16% higher than the 354 in Q3 of 2024.<\/p>\n The number of first-time residential foreclosures varied greatly by borough, with Queens leading the way with 165, representing roughly 40% of all citywide cases.<\/p>\n The 165 foreclosures in Queens represents a 33% increase from the 124 in the third quarter of 2024.<\/p>\n Brooklyn had the second-most foreclosures with 113, which was just four more than the 109 the borough saw in Q3 2024.<\/p>\n Manhattan saw 59 first-time residential foreclosures, a 40% increase from the 42 during the same period last year.<\/p>\n The 59 foreclosures represent the most in a single quarter for Manhattan since the first quarter of 2016, nearly a decade ago.<\/p>\n The Bronx also saw a slight increase from last year, with Q3 first-time residential foreclosures increasing from 40 in 2024 to 43 in 2025.<\/p>\n Meanwhile, Staten Island was the only borough to see its residential foreclosures decrease year-over-year, from 39 in Q3 2024 to 32 in Q3 2025.<\/p>\n \u201cStaten Island continued to go against the grain and was the only borough where first-time foreclosures actually decreased, declining 18% Y-o-Y to 32 new foreclosures. This further entrenched the fifth borough as the slowest foreclosure market in NYC,\u201d wrote Eliza Theiss of PropertyShark.<\/p>\n If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement<\/a> and agree that your clicks, interactions, and personal information may be collected, recorded, and\/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"STATEN ISLAND, N.Y. — The number of residential foreclosures across New York City has risen from last year,…\n","protected":false},"author":2,"featured_media":13337,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[10139,10140,5462,10141,10142,288,659,10143,10144,10145,9433,10146,10147,10148,10149,10150,10151,10152,10153,10154,10155,10156,10157,5682,10158,10159,10160,10161,10162,10163,660,5349,10164,10165,10166,10167,9,10168,10169,56,63,65,64,2577,3419,10170,7744,10171,10172,10173,10174,2407,10175,5661,10176,10177],"class_list":["post-13336","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","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-no-people","tag-non-urban-scene","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-outdoors","tag-photography","tag-plant","tag-price","tag-real-estate-sign","tag-red","tag-residential-building","tag-sign","tag-style","tag-uncertainty","tag-white","tag-window","tag-woodland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/13336","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=13336"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/13336\/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=13336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=13336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=13336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}