Brighton Beach
Brighton Beach
Rosewood Realty Group is pleased to offer a 10-story mixed-use property in Brighton Beach consisting of 41 apartments, 2,068 SF of retail space, 1,398 SF of community facility space, 13,757 SF of medical office space, and 51 parking spaces.
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Greg Corbin is the President of Bankruptcy and Restructuring at Rosewood Realty Group. In addition to his focus on the sale of properties in Chapter 11 and Chapter 7, Mr. Corbin also specializes in foreclosure sales, both judicial and UCC, note sales, and the disposition of stalled construction sites. He has extensive expertise in these arenas and is sought after as an industry leader.
Mr. Corbin has sold over $1.7 billion of investment properties across the Tri-state area spanning all major asset classes, including: multifamily, development sites, factory/warehouses, transitional housing facilities, bulk condo packages, industrial, retail, office, mixed-use and commercial buildings.
Greg has received numerous prestigious awards throughout his career, most recently:
- 2022 RED Bankruptcy Broker of the Year
- 2022 New York Real Estate Journal Industry Leader
- 2021 Property IDX Broker of the Year
- 2021 Crain’s Most Influential People in Real Estate
- 2020 Connect Media New York / Tri-State Top Broker
- 2020 CoStar PowerBroker
Prior to joining Rosewood, Mr. Corbin spent a decade at Besen & Associates, where he won the awards of Deal Maker of the Year, Broker of the Year, and Team Player Award. Before Besen, he was a Director of Sales at Massey Knakal Realty Services, now Cushman and Wakefield.
Mr. Corbin is a graduate of Horace Mann and Boston University. He currently lives on the Upper West Side with his wife and children.
- Property Type
- Mixed Use
- Deal Type
- Acquisition
- Risk Profile
- Distressed
EXECUTIVE SUMMARY:
Bankruptcy Sale: Rosewood Realty Group is pleased to offer a 10-story mixed-use property in Brighton Beach consisting of 41 apartments, 2,068 SF of retail space, 1,398 SF of community facility space, 13,757 SF of medical office space, and 51 parking spaces. The apartments boast condo level finishes and residents have access to a roof deck displaying rare beachfront views. Residents can also benefit from the property’s close by proximity to the Q subway line and Boardwalk Beach, which are both steps away. The building adds further value to the neighborhood, with a tenant mix consisting of lifestyle businesses such as medical offices, a karate school, and a spa. The property currently benefits from a 421a tax exemption.
Bid Deadline: October 19th, 2022 at 5:00 pm
Auction Date: October 21st, 2022 at 11:00 am
Sale and dates are subject to bankruptcy court approval