I looked to see what had been offered in these parts. And what went on the block in June? 137 Avenue C, which, among other things, is home to stand-in-line-for brunch hotspot the Sunburnt Cow.

Original Price:$3,200,000
Starting Bid:$1,450,000
Closing Bid:$1,605,000
I have no idea how any of Bid stuff works. But, at first glimpse, this seems like a pretty good deal. It's a four-story building with six apartments and the Cow, in which patrons are dared to drink as much as possible in two hours for $20.

According to the property taxes, the building is worth $2.6 million.
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