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UCC Foreclosure Sale: 1043 Northern Boulevard 1043 Northern Blvd 12,207 SF Retail Building Roslyn, NY 11576 For Sale



Executive Summary
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.
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.
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
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.
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.
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.
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
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,207 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.84 AC
Parking
61 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
123’ on Northern Boulevard
Amenities
- Bus Line
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2207-06-B-05-0428-0 | Improvements Assessment | $9,420 CAD |
| Land Assessment | $11,697 CAD | Total Assessment | $21,117 CAD |
Property Taxes
Parcel Number
2207-06-B-05-0428-0
Land Assessment
$11,697 CAD
Improvements Assessment
$9,420 CAD
Total Assessment
$21,117 CAD
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UCC Foreclosure Sale: 1043 Northern Boulevard | 1043 Northern Blvd
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