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Queens remained most active foreclosure market in NYC during second quarter of 2026: Report – QNS


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Queens had the most active foreclosure market out of all the New York City boroughs during the second quarter of 2026.

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Queens had the most active foreclosure market among all New York City boroughs during the second quarter of 2026, according to a report by PropertyShark.

There was a 9% increase year-over-year in first-time filings in Queens, from 128 in the second quarter of 2025 to 140 in the second quarter of 2026. While Queens had the most first-time filings among the boroughs, it had the smallest boost out of the three boroughs that experienced increases, with the Bronx having a 91% jump and Staten Island a 13% boost.

Pre-foreclosures rose in the borough 17% over this same period of time, from 527 lis pendens filings last year to 617 this year. Only Brooklyn had more pre-foreclosures this quarter, with 644. While every borough other than Staten Island experienced increases in this area, Queens had the smallest percentage increase. Manhattan had a 115% rise, Brooklyn a 44% climb and the Bronx a 29% boost.

Southeastern Queens experienced the most foreclosure activity during the second quarter of 2026. The 11412 zip code in St. Albans had the most first-time filings, with 15. St. Albans and Jamaica tied for the most foreclosures among Queens neighborhoods, with 18 each.

Two of the five most expensive residential foreclosures during the quarter occurred in Queens. A 1,750-square-foot two-family home at 182-16 144th Ave. in Rochdale had the priciest foreclosure in the borough and the third-highest in the city, going to auction at $976,275 on April 10. The other residential foreclosure in the borough and the fourth-highest overall was a 1,593-square-foot two-family home at 150-15 123rd Ave. in Jamaica. This house had a lien amount of $962,522 on May 22. Both these homes reverted to the lender after auction.

New York City as a whole had 388 first-time foreclosures in the second quarter of 2026, representing a 5% decline from the 408 in the same quarter in 2025. Pre-foreclosures rose 27%, from 1,446 in the second quarter of 2025 to 1,831 in the second quarter of 2026.

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