By Linda Collins
Brooklyn Daily Eagle

BROOKLYN — All four Brooklyn properties on a weekend foreclosure auction in Manhattan sold successfully, according to Auction.com, organizers of the event.

The four Brooklyn properties include:

• 738 Bergen St., a three-bedroom/three bath 1,914-square-foot duplex with a minimum bid of $99,000 and a reported value of $1.2 million, which sold for $315,000.

• 3515 Snyder Ave., a 1,456-square-foot three-bedroom/one bath attached house with a minimum bid of $89,000 and a reported value of $290,000, which sold at auction for $244,125.

• 54 E. 91st St., a 1,694-square-foot four-bedroom/two-bath duplex with a minimum bid of $89,000 and a reported value of $424,000, whcih sold for $252,000.

• 183 Miller Ave., a 1,176-square-foot three-bedroom/two-bath duplex with an opening bid of $39,999 and a recorded value of $309,220, which sold for $186,375.

Auction presenters say that $10.3 million was spent at the Sheraton Hotel event on Sunday with 84 of the 103 (or 82 percent) foreclosed properties in the NYC-New Jersey area were sold.

Said Auction.com CEO Jeff Frieden, “We’re pleased with the results from the auction. First-time homeowners and investors walked away with some incredible bargains. What’s also great about the auction process is that it is a big boost to the economy.

“When a house sits vacant, everyone loses. When Auction.com puts a family into a home, they’re paying a mortgage, property taxes, gas, electric and water bills, and they’re hiring landscapers, painters and electricians — all of which fuels the economy.

“We’re proud to be one of the few companies in the country today that is actually fueling the economy. We’re part of the solution to the economic problems in our country, which is quite satisfying.� Auction.com is a subsidary of the Calif.-based Real Estate Disposition Corp. (REDC), a real estate foreclosure auction firm working for banks and lenders.

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