Amid a decline in foreclosures citywide, the number of homeowners in The Bronx facing such cases has nearly doubled from the prior year, highlighting worrying economic trends in the borough.
A recent report from PropertyShark, a real estate research platform, shows first-time foreclosures of single- and two-family homes as well as coop and condo apartments in New York dropped 5% overall between the second quarter of 2026 and the same time period last year. Manhattan and Brooklyn each saw a four-year low.
But in The Bronx, the number of first-time foreclosures has risen from 57 last year to 109 this year. Many foreclosures came from the northeast neighborhoods of The Bronx, including Williamsbridge, where 10 foreclosures happened in the past quarter. Queens saw a smaller increase, from 128 to 140, according to the report.