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40 Bond Townhouse Cited in Musician's Lawsuit, Faces Foreclosure

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Remember TH4 at 40 Bond? The unit, a triplex 3BR, hit the market last month with a surprising ask of $7.5 million. Surprising because the place last sold in 2008 for $7,560,506. But now we have another piece of the puzzle: according to PropertyShark, the property is scheduled for foreclosure auction on September 21, with a lien of $6,868,664. Not only that?the townhouse is also cited in musician Sly Stone's lawsuit against his ex-manager, accusing him of misappropriating Stone's assets to buy real estate. Hey, 40 Bond is just that irresistible!

· Listing: 40 Bond Street - TH4 [Corcoran]
· 40 Bond TH4 [PropertyShark]
· 40 Bond coverage [Curbed]

40 Bond Street

40 Bond Street, New York, NY 10012 Visit Website