NORTHGATE

REAL ESTATE GROUP

NEW YORK'S #1

Bankruptcy, Foreclosure & Restructuring brokerage Firm

On the Market

For Sale
Fee Simple
Newly constructed two contiguous 4-story, mixed-use buildings. Featuring 20 total residential units, 2 ground floor retail units and 14 indoor parking spaces.
For Sale
Fee Simple
Newly constructed 5-story plus cellar level medical office building featuring 10,040 GSF. Cutting-edge ADA-compliant ambulatory medical center situated in a prime location directly across from Elmhurst Hospital Center.
For Sale
Bankruptcy Sale
5-story, 43,280 SF, mixed use building in Sunset Park, Brooklyn. Featuring 57 residential units and 7 retail spaces.
For Sale
Bankruptcy Sale
856 Greene Avenue is a 10-unit, 8,509 SF, multifamily apartment building located in the Bedford-Stuyvesant/Stuyvesant Heights neighborhood of Brooklyn, NY. Originally built in 1931, the property underwent extensive renovations in 2018 with the addition of the 4th and 5th floors. The building’s mint upgrades and condo-like finishes were done with incredible attention to detail. Building features ten spacious 3 and 4-bedroom residential units Immaculate building with high-end finishes including recessed lighting, exposed brick, thick-plank oak wood floors 8,509 square feet Building amenities include a fitness room, bike storage, common outdoor space, and rooftop access In-unit washer/dryers, dishwashers and modern finishes through-out. 5 Blocks from the Kosciuszko Street J Subway Station
For Sale
Bankruptcy Sale
28,000 SF mixed-use building consisting of 28 residential units and 2 commercial units,  in prime Bensonhurst, Brooklyn.
For Sale
Bankruptcy Sale
Class A mixed-use building in prime Williamsburg. 23,517 SF stalled construction slated for 16 residential units and indoor parking.
For Sale
UCC Foreclosure Sale
2-story, 205,128 GSF industrial building on 9.1 acres. It contains 9 units with 200 parking spaces. The first floor has 186,474 SF with 20’ ceilings with ample natural light. The second floor 18,654 SF 2nd floor office space. The Secured Party will offer for sale, at public auction: (i) all of Pledgor’s right, title, and interest in and to the following: EMMETT GROUP LLC (the “Pledged Entity”), and (ii) certain related rights and property relating thereto (col- lectively, (i) and (ii) are the “Collateral”). Secured Party’s understanding is that the principal asset of the Pledged Entity is the premises located at 50 Emmett Street and Tax Assessor’s Lot 70A Emmett Street, Bristol, CT (the “Property”). This is an excerpt. For the full terms of sale and access to the due diligence documents, please email us.
For Sale
Bankruptcy Sale
Northgate Real Estate Group is pleased to present the opportunity to purchase 9630 N 25th Avenue, a four-story, ±117k SF office building in bankruptcy.
For Sale
UCC Foreclosure Sale
200 Kent Avenue is a Class-A mixed-use building with multilevel retail space, office, and a parking garage component in Williamsburg, Brooklyn. Designed by ME Architect P.C., the 135,611-square-foot development stands 83 feet tall. The site is bound by Kent Avenue to the east, Metropolitan Avenue to the south, River Street to the west, and North 3rd Street to the north.
For Sale
Fee Simple
Two contiguous buildings, border of prime Boerum Hill & Downtown Brooklyn. 7 residential units and 3 retail units, totaling 6,768 SF.
For Sale
UCC Foreclosure Sale
Prime corner retail condominium in Little Italy. Containing a total of 28,317 SF with 275 feet of combined frontage.
For Sale
Bankruptcy Sale
11 story, 53,225 SF, mixed use, elevator building in Flushing, Queens. Consisting of 23 residential units and 1 ground floor retail unit plus 47 parking spaces.
For Sale
Fee Simple
5-story mixed-use SRO building, consisting of 15 residential units, 1 commercial space, and 1 antenna.
For Sale
Bankruptcy Sale
New construction, 12-story multifamily building located in Brooklyn. Featuring 43 loft-like  residential units and 30 parking spaces.
For Sale
Bankruptcy Sale
6-story, luxury elevator building consisting of ten (10) residential units and on-site parking for twenty-one (21) vehicles.
For Sale
Bankruptcy Sale
3-story, 3,500 SF building currently configured as 4 units. The property has potential for a single-family conversion.
For Sale
Foreclosure Sale
24 residential unit building located in Prime Prospect Lefferts Gardens. 24,258 SF elevator building with 50 feet of frontage along Ocean Avenue.
For Sale
Bankruptcy Sale
Mid-construction 9,800 SF multifamily development on a 2,526± SF lot. 25 feet of frontage along West 47th Street

About Us

Northgate Real Estate Group is the Premier
Bankruptcy, Foreclosure, and Restructuring Brokerage Firm.

Northgate’s team has been involved in over $3,000,000,000 in transactions.

Our expertise in investment sales brokerage coupled with our specialized knowledge of the bankruptcy, foreclosure, and loan sale processes is what distinguishes us from other firms. We are well-versed in all aspects of special situation sales, workouts, refinancing, and recapitalizing assets.

We offer a full spectrum of services for real estate borrowers and lenders. With fluid proficiency, we are able to conduct a Chapter 11 recapitalization or sale under a plan of reorganization, a Chapter 7 363 liquidation, a judicial or UCC foreclosure, a loan sale, or a lender/borrower workout.

The attorneys and trustees who recommend and retain us appreciate that we already have a deep understanding of the aspects of bankruptcy and foreclosure, including the complex legal structures, documents, and strategies involved.

Closed Deals

Closed
UCC Foreclosure Sale
$58,000,000
The Oosten is an 8-story structure occupying an entire 94,735 SF block bounded by Kent Avenue, South 9th Street, Wythe Avenue and South 8th Street in the Williamsburg section of Brooklyn. The site was formerly Lot 35, shown on the digital tax map of the New York City Department of Finance (DOF) as having 274.41 feet of frontage along Kent Avenue, 373.81 feet on South 8th Street, 270 fronting on Wythe Avenue, and 325.83 feet fronting on South 9th Street. Designed by architect Piet Boon, the building has a glass façade with gunmetal-framed floor-to-ceiling windows while the residences feature 10-foot ceilings, wide plank white oak floors and in-unit washer/dryers. There are Viking and Smeg appliances with custom millwork and natural stone. Amenities consist of two lobbies; full-time doorman/concierge; library; indoor swimming pool; children’s playroom with a bouncy-house; landscaped central courtyard; lounge; fitness center/yoga room with a spa and juice bar; and a landscaped rooftop featuring city, river, and bridge views, a reflecting pool, lounge seating and a professional chef’s grill. The subject consists of the remaining sponsor-held inventory within the 216-unit luxury condo building known as the Oosten. The appraised premises includes 21 residential condo units with an aggregate net saleable area of 54,839 SF as well as 68 parking spaces. The subject’s unit mix consists of two (2) one-bedrooms, four (4) two-bedrooms, twelve (12) three-bedrooms, two (2) four-bedroom townhouses, and one (1) six-bedroom penthouse. The three-bedrooms are all unique in that four are duplexes, two are townhouses while the other six are loft-style units. The four townhouse units all have unique floorplans as well, and they each contain a private garage in the cellar in addition to a private garden with an outdoor jacuzzi.
Closed
Bankruptcy Sale
$17,550,000
Two contiguous multifamily buildings. Value add: majority of FM units getting below market rents
Closed
Bankruptcy Sale
145 Wickapogue Road is tucked away in the ultra-exclusive “Estates” section of Southampton, a mere block from the beach. This new construction (2021) trophy home spans an impressive 10,000 sq ft with 6 bedrooms and 8 bathrooms, and was superbly crafted & designed with dramatic floor-to-ceiling windows. A two-story foyer reveals an extraordinarily spacious interior flow highlighted by wide-planked wood flooring & soaring ceilings. There is an open concept gourmet kitchen, and an additional service kitchen, boasting professional series appliances, custom cabinetry & stone counter tops open to a dramatic entertainer’s great room. The primary suite evokes a feeling of peace and serenity and 5 additional ensuite bedrooms offer plenty of room to host friends and family. Downstairs you’ll find an amenity-filled and finished basement with 12’ ceilings designed with a theater, wine cellar, bar, sauna, steam shower, and gym. An elevator adds another layer of luxury and convenience to this extraordinary home. The Exterior park-like grounds feature lush landscaping, a detached 2.5 Garage, and a large custom 20’ X 50’ Gunite pool with spa and sundeck. A rare legal 2 bedroom cottage and 1070 sq ft barn provide endless opportunities. This magnificent custom Hamptons dream home also boasts smart home technology and a state-of-the-art security system.
Closed
Bankruptcy Sale
$6,800,000
540 Concord Avenue is a mixed-use property in the highly desirable Mott Haven neighborhood of the Bronx. The 6-story walkup is 100% occupied and comprised of 32 residential units and 6 commercial units. Approximately, 24,790 square feet on a 100’ x 80’ lot, the asset is in an R7-1 zone with a C2-4 commercial overlay. The property is blocks from the 4 and 6 New York City subway lines, offering easy accessibility both into Manhattan and to the Hudson Valley

Press

Team

Chaya Milworn

Managing Director

Mickey Salzman

VP, Business Development

Commendations

“Greg Corbin and his team have maximized value in a multitude of bankruptcy transactions for me with an aggregate value of over $225 million.”

They have achieved stellar results and pricing to the great benefit of my clients. With their use of cutting edge technology, incredible work ethic, effective and innovative marketing tools, and drawing from a vast array of clients and investors, Greg provided the absolute highest value and return on their real properties.

Jonathan S. Pasternak, Esq.

Partner
Davidoff, Hutcher & Citron LLP

“He was accessible all times of the day and night and has an intimate knowledge of the buyers and sellers in the marketplace. [He has] keen negotiation skills and great creativity.”

Greg Corbin was the exclusive broker on the recent sale of our family owned 32-unit apartment building in Flushing, Queens. Greg worked tirelessly and professionally with all the necessary consideration and expertise to get the deal done to our great satisfaction. Greg got on the phones and emails right off the bat and assembled informative hard copy marketing materials. He and his team presented three or four dozen written offers in the first month of marketing alone. They sold the property by our December 31st deadline for a price substantially above what was expected. We would absolutely engage Greg again to handle our real estate needs.

Charlie Ziskind

President
Limerick Properties

“I've worked with Greg and his team on more than 60 bankruptcy and foreclosure deals ... they are relentless in their pursuit of top dollar”

Anyone seeking to sell a substantial property in bankruptcy should talk to Greg Corbin. Over the past decade, time and again, I have seen him sell deals at prices higher than anyone expected. Greg has become the go-to broker for me and much of the legal community. Having appeared in front of almost all of the federal bankruptcy judges in the Southern and Eastern Districts, he and his work are well known to them. Greg’s expertise is unmatched. I recommend him without hesitation

Paul A. Rubin

Managing Principal
Rubin LLC

Our Clients

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