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+18 Other Bankruptcy and Foreclosure Sales
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BANKRUPTCY AUCTION: 2 WEEKS AWAY
7 BUILDING PORTFOLIO | 85% FREE MARKET
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OPENING BIDS: $1.2m - $3.5m
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47 Residential Units & 3 Retail
Williamsburg, Greenpoint, Bushwick and Crown Heights
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PROPERTIES CAN BE PURCHASED INDIVIDUALLY OR AS A PACKAGE
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Opening Bids:
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729 Meeker Avenue, Greenpoint: $2,000,000
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346 Grand Street, Williamsburg: $3,500,000
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83 Stockholm Street, Bushwick: $1,500,000
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81 Stockholm Street, Bushwick: $1,500,000
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169 Troutman Street, Bushwick: $1,200,000
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467 Central Avenue, Bushwick: $1,200,000
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80 New York Avenue, Bushwick: $1,200,000
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Package Price (OB): $12,100,000
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Auction: Thursday, November 20th at 11:00 AM
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(212) 369-4000 | [email protected] | www.northgatereg.com
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Northgate Real Estate Group
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$4.2B in Special Situation Transactions
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#1 Bankruptcy, Foreclosure, and Workout Firm in New York with
unparalleled expertise in complex transactions.
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PROPERTY SALES | BANKRUPTCY | FORECLOSURES | UCC AUCTIONS
RESTRUCTURING | LOAN SALES | WORKOUTS
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The information contained in these listings ("Listings") is confidential, furnished solely for the purpose of review by a prospective purchaser of properties and membership interests that Northgate Real Estate Group is selling, and is not to be used for any other purpose or made available to any other person without the express written consent of Northgate Real Estate Group or Owners. The material is based in part upon information supplied by the Owners and in part upon information obtained by Northgate Real Estate Group from sources it deems reliable. Summaries of documents are not intended to be comprehensive or all-inclusive, but rather only an outline of some of the provisions contained therein. No warranty or representation, expressed or implied, is made by Owners, Northgate Real Estate Group or any of their respective affiliates, brokers, agents, or employees, as to the accuracy or completeness of the information contained herein or as to engineering or environmental matters. Prospective purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, including inspections. These Listings contain selected information pertaining to the Properties and does not purport to be all-inclusive or to contain all of the information a prospective purchaser may desire. Graphics are only a representation of property features, are not to scale and are subject to change. All financial projections are provided for general reference purposes only and are based on assumptions relating to the general economy, competition and other factors beyond control and are, therefore, subject to material change or variation. When possible, an opportunity to inspect the Properties will be made available to qualified prospective purchasers. In these listings, certain documents, including leases and other materials, are provided by Ownership and Northgate Real Estate Group does not warrant or represent the accuracy of such leases or other financial information provided. Many leases are described in summary form. The summaries do not purport to be complete or necessarily accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to independently review all documents. This Listing is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by Northgate Real Estate Group or Owners. Each prospective purchaser is to rely upon its own evaluation as to the advisability of purchasing the Property described herein. Owners and Northgate Real Estate Group expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Properties and/or to terminate discussions with any party at any time with or without notice. Owners shall have no legal commitment or obligation to any purchaser reviewing this Listing or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by Owners and any conditions to Owners' obligations there under have been satisfied or waived. Northgate Real Estate Group is not authorized to make any representations or agreements on behalf of Owners. This Listing is the property of Northgate Real Estate Group and may be used only by parties approved by Northgate Real Estate Group and Owners. The Property is privately offered and, by accepting this Listing, the party in possession hereof agrees (i) to return it to Northgate Real Estate Group immediately upon request of Northgate Real Estate Group or Owners and (ii) that this Listing and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Listing may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of Northgate Real Estate Group and Owners. The terms set forth above apply to this Listing in its entirety.
The information contained in these listings ("Listings") is confidential, furnished solely for the purpose of review by a prospective purchaser of properties and membership interests that Northgate Real Estate Group is selling, and is not to be used for any other purpose or made available to any other person without the express written consent of Northgate Real Estate Group or Owners. The material is based in part upon information supplied by the Owners and in part upon information obtained by Northgate Real Estate Group from sources it deems reliable. Summaries of documents are not intended to be comprehensive or all-inclusive, but rather only an outline of some of the provisions contained therein. No warranty or representation, expressed or implied, is made by Owners, Northgate Real Estate Group or any of their respective affiliates, brokers, agents, or employees, as to the accuracy or completeness of the information contained herein or as to engineering or environmental matters. Prospective purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, including inspections. These Listings contain selected information pertaining to the Properties and does not purport to be all-inclusive or to contain all of the information a prospective purchaser may desire. Graphics are only a representation of property features, are not to scale and are subject to change. All financial projections are provided for general reference purposes only and are based on assumptions relating to the general economy, competition and other factors beyond control and are, therefore, subject to material change or variation. When possible, an opportunity to inspect the Properties will be made available to qualified prospective purchasers. In these listings, certain documents, including leases and other materials, are provided by Ownership and Northgate Real Estate Group does not warrant or represent the accuracy of such leases or other financial information provided. Many leases are described in summary form. The summaries do not purport to be complete or necessarily accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to independently review all documents. This Listing is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by Northgate Real Estate Group or Owners. Each prospective purchaser is to rely upon its own evaluation as to the advisability of purchasing the Property described herein. Owners and Northgate Real Estate Group expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Properties and/or to terminate discussions with any party at any time with or without notice. Owners shall have no legal commitment or obligation to any purchaser reviewing this Listing or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by Owners and any conditions to Owners' obligations there under have been satisfied or waived. Northgate Real Estate Group is not authorized to make any representations or agreements on behalf of Owners. This Listing is the property of Northgate Real Estate Group and may be used only by parties approved by Northgate Real Estate Group and Owners. The Property is privately offered and, by accepting this Listing, the party in possession hereof agrees (i) to return it to Northgate Real Estate Group immediately upon request of Northgate Real Estate Group or Owners and (ii) that this Listing and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Listing may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of Northgate Real Estate Group and Owners. The terms set forth above apply to this Listing in its entirety.
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Northgate Real Estate Group
1633 Broadway, 46th Floor, New York, NY 10019
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