Advanced Search

We found 0 results. View results

1043 Northern Boulevard,
Roslyn, NY 11576

For Sale

Overview

UCC Foreclosure Sale

1043 Northern Boulevard,
Roslyn, NY 11576

0 SF

Description

33.33% membership interest in 1043 Northern Blvd Realty LLC, a New York limited liability company, which owns the fee interest in the property known as 1043 Northern Boulevard, Roslyn, New York 11576 (the “Property”). The sale is of the membership interests only, not of any real property.

Collateral Snapshot

Northgate Real Estate Group has been exclusively retained to market a 33.33% membership interest in 1043 Northern Blvd Realty LLC, a New York limited liability company, which owns the fee interest in the property known as 1043 Northern Boulevard, Roslyn, New York 11576 (the “Property”).

Interest Being Sold: 33.33% membership interest in 1043 Northern Blvd Realty LLC, the fee owner of the Property
The sale is of membership interests only and does not constitute a sale of real property.

Underlying Asset
Retail building in Roslyn, New York, currently occupied by an upscale, full-service restaurant tenant

Outstanding Indebtedness: As of March 5, 2026, the total amount due under the Loan Documents is at least $2,532,600.00, exclusive of attorneys’ fees, costs, and additional accruing amounts.

The offering is being conducted pursuant to a foreclosure on pledged collateral under Article 9 of the Uniform Commercial Code, as more fully described in the UCC Public Sale Notice below.

 

UCC PUBLIC SALE NOTICE
(FULL TERMS OF SALE AVAILABLE UPON REQUEST)

PLEASE TAKE NOTICE that in accordance with applicable provisions of the Uniform Commercial Code as enacted in New York (“NYUCC”), notice is hereby given that Ellis Equities, LLC (“Secured Party”), a New York limited liability company, will sell certain collateral, including without limitation, all Georgiades Brothers Realty LLC’s (“Debtor”) membership interest in 1043 Northern Blvd Realty LLC (the “Company”) (with such membership interest defined as the “Membership Interests”) to the highest qualified bidder at a public sale in accordance with the NYUCC. The sale will take place at 3:30 p.m. EDT on May 11, 2026, via Zoom, as well as in person at Schlam Stone & Dolan LLP, 26 Broadway, 19th Floor, New York, New York 10004, Attention: Joshua Wurtzel, Esq. Remote log-in credentials will be provided to registered bidders upon request. Secured Party’s understanding, without making any representation, is that Debtor owns 33.33% of the membership interests of the Company, which is the fee owner of the property known as 1043 Northern Boulevard, Roslyn, New York 11576. The Membership Interests will be sold to the highest Qualified Bidder, as that term is defined in the Terms of Sale attached to the Notice of Disposition of Collateral, dated March 5, 2026 (the “Notice of Disposition”); provided, however, that Secured Party reserves the right, in accordance with the NYUCC, to cancel the sale in its entirety or to adjourn the sale to a future date. The sale will be conducted by Mannion Auctions, LLC, by Matthew D. Mannion, Auctioneer, with an office at 299 Broadway, Suite 1601, New York, New York 10007. The Membership Interests will be sold as a block and will not be divided or sold in any lesser amounts. Interested parties that intend to bid on the Collateral should contact Secured Party’s broker, Greg Corbin, at Northgate Real Estate Group, (212) 369-1800 or greg@northgatereg.com, to receive the Terms of Sale (which are also attached to the Notice of Disposition) and bidding instructions. Upon execution of a Terms of Access and Non-Disclosure Agreement, in a form to be provided by Secured Party’s broker, additional documentation and information will be available. Interested parties that are not Qualified Bidders, as that term is defined in the Terms of Sale, will not be permitted to enter a bid.

Auction Details

Auction Date: May 11, 2026

Time: 3:30 p.m. (ET)

Location: Schlam Stone & Dolan LLP, 26 Broadway, 19th Floor, New York, New York 10004

Virtual Access: Via Zoom (credentials available upon request

Documents

Description

33.33% membership interest in 1043 Northern Blvd Realty LLC, a New York limited liability company, which owns the fee interest in the property known as 1043 Northern Boulevard, Roslyn, New York 11576 (the “Property”). The sale is of the membership interests only, not of any real property.

Property Id : 50882

Reviews

zzz
Write a Review
Your Rating & Review

Compare Listings