Real Estate Auctions

DCAS holds public real estate auctions to sell, lease, or license surplus City-owned real estate.

Public Sales Auction Information: There is no public sales auction scheduled at this time for the purchase of City-owned surplus properties. Please check back periodically for updates.

Public Lease Auction Information: An online public lease auction is scheduled for September 29-30, 2025 for two ground-floor retail spaces located at 2 Lafayette Street in downtown Manhattan. More information, including complete offering details, public inspection schedules and bidding requirements will be available on this website after August 13. These properties are:

• Directly adjacent to the Brooklyn Bridge-City Hall subway station (4/5/6/J/Z lines)
• Across Foley Square from multiple courthouses; within walking distance of numerous government and private office buildings and residential buildings
• Within walking distance of the Brooklyn Bridge pedestrian walkway and City Hall

2 Lafayette Street (south side at Reade Street)

• Approximately 4,625 square feet on the first floor and approximately 1,534 square feet in the cellar
• Retail use
• $28,135 minimum bid (monthly rent)

2 Lafayette Street (north side at Duane Street)

• Approximately 3,314 square feet on the first floor
• Retail use
• $17,055 minimum bid (monthly rent)