Buy Latrell Sprewell’s Bank Owned New York Mansion — $1.5 Million

This is what happens when you make over 100 million dollars in your career and blow it all before you’re even 50 years old. The bank takes over your giant house in the New York suburbs and some idiot blogger is writing about how dumb you are. Save your money, stupid.

This was Latrell Sprewell’s house that he bought in 2000 when he played for the Knicks. He dropped $2.3 million on it. Now the bank owns it and they’ve put it on the market for $1.5 million.

Details from the realtor:

This is a bank owned AS IS SALE. A rare opportunity to own a distinguished Georgian Center Hall Colonial set on 3.32 acres of flat usable land. 2450 additional finished lower level not included in SF. Great potential awaits your needed attention. Property requires extensive interior and exterior repair. This property is assessed currently for a much greater value than the list price.

Yes, it needs A LOT of work. The bank isn’t fixing this bad boy up for you. But you’re getting a bargain and you can use that extra money to bring this house back from the dead.

More Features From Spree’s Former House

  • 6 beds / 8 full, 2 half baths / 9,278 sq. ft.
  •  A bunch of space to pretty much do whatever you want with
  • Not much else

Mortgage: about $9,000 / month

[Realtor.com]

Dan CrawfordBUSTEDCOVERAGE Writer
Weekend editor based in Atlanta. Contact me: dan.crawford@teamcoed.com
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