Northgate Real Estate Group has been exclusively retained to market 100% membership interests in the LLC owning 41 lots on 247 acres at Pierson Lakes.
LOTS OWNED BY POTAKE LAKE, L.L.C., & ROCK HILL, L.L.C.,*
• 41 approved residential building lots: 1-4, 6, 10, 12-43, 45-47
• Total of 274 acres: lots ranging from 3.70 acres to 18.52 acres
• Located within the development known as Pierson Lakes, a gated community, which includes two private ponds (Cranberry Pond & Potake Pond), miles of trails, a boat house, community and private docks, beach area, and security.
• 1 hour train ride from the Sloatsburg NJ Transit Station to Manhattan.
* For the avoidance of doubt, the sale is of the membership interests only, not of any real property. The details above are provided solely to help evaluate the collateral.
NOTICE OF DISPOSITION OF COLLATERAL
Notice is hereby given that Lender will sell the Collateral to the highest qualified bidder at a public sale in accordance with the provisions of the Uniform Commercial Code as in effect in the State of New York. The sale will take place beginning at 3:30pm on March 17, 2026.
BID QUALIFICATON DEADLINE: Sunday, March 15th, 2026 at 3:30 PM
PUBLIC AUCTION DATE: Tuesday, March 17th, 2026 at 3:30 PM