Northgate Real Estate Group

Closed: Short Sale of 179 Ludlow Street on the Lower East Side. Vacant retail condo located at the base of a multi-million dollar luxury condominium. Featuring 1,651 SF on the ground floor and 568 SF in the basement. Congratulations to all parties involved!

Auction In 3 Weeks: Thursday, March 27th at 2:30 PM 651 W 169th Street, Manhattan, NY Mixed-Use Corner Elevator Building 21 Residential Units and 2 Retail Units? 6-Stories | 19,380 SF? Reach out for more information: [email protected] Greg Corbin - Northgate Real Estate Group Chaya Milworn Felix Ades Mickey Salzman Jonathan Janashvili

Closed: Bankruptcy Sale of 1739 2nd Avenue. Prime Upper East Side 5-story mixed-use corner property. Perfect for substantial rehab. Congratulations to all parties involved!

Auction Sale: 976 Bergen Street, Newark, NJ Corner Retail Building / Redevelopment Opportunity Bidding opens: Feb. 10th, 2025 at 12 PM Opening Bid: $650,000 For more information reach out to: [email protected]

Closed: Bankruptcy Sale of 4-6 Bleecker Street, Manhattan, NY. Sold for $2,430,000. Congrats to all involved!

Closed: Note / Loan sale of 399 Sacket Street, Brooklyn NY. Price: $3,000,000 Congratulations Felix!

2024 was an AMAZING YEAR! 34 CLOSINGS and deals put IN CONTRACT for an aggregate of $408,000,000. We were again the #1 Bankruptcy & Foreclosure firm in New York. Thank you and congrats to Northgate's incredible team who worked around the clock to make it happen and to our friends and business partners in the legal and lending world for entrusting us with their business.

UCC Foreclosure Sale: 225 Bowery, New York, NY Membership interest in a 200-room boutique hotel on the Lower East Side. Property Snapshot ? 14-story, 200-key hotel in the Lower East Side on the border of Nolita ? The 63,599 SF building features a large restaurant space on the ground floor, a lobby garden, a lobby bar, a tattoo parlor, a fitness center, and a rooftop bar ? The dual terrace rooftop bar offering 360 degree views of the city for guests and private events ? The hotel has two entrances: Freeman Alley (off Rivington Street) and Bowery ? The hotel is fully compliant with NYC zoning rules and regulations and with its certificate of occupancy ? 10 year ICAP tax abatement in place, that started in 2019 ? Exceptionally located, 50 feet from the New Museum and surrounded by the best of the Lower East Side and Nolita: Whole Foods, Camper, Supreme, CitizenM Hotel, The Bowery Ballroom, The Butcher’s Daughter, Credo and many more ? Short walk to Broadway-Lafayette St subway station (B, D, F, M) and the Bowery Station (J, Z) Auction Date: Monday, January 27, 2025 at 11:00 a.m. EST

Closed: Bankruptcy Sale of 4112 4th Avenue, Brooklyn NY. Sold for $6,250,400. Seven qualified bidders competed for the 43,280 SF mixed-use walkup building. Congrats to all involved and a happy, healthy, and successful new year to all!?

For Sale: 830 Barry Street, Bronx, NY ? 2-story, corner industrial warehouse building with a secured area for truck loading ? Can be delivered vacant ? 27,500 SF building on a 19,048 SF lot ? Building equipped with 2 exterior docks, 1 drive-in door, 1 freight elevator, and sprinkler system ? 9’-11’ ceiling height on the lower level and 13’-15’ on the 2nd floor. ? Ideal for manufacturing, distribution, and storage ? Near the Bruckner Expressway providing access to Manhattan, Queens, and the Bronx ? Short walk to the Longwood Avenue Subway Station (6 train) For more information, reach out to [email protected]