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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2Fb51be25e-13d8-44f3-88e2-2abb00438a7b%2Fe45a3e75-7669-4072-a9b1-93f8bc15fa3a" onerror="this.style.display='none'" alt="1777 &amp; 1779 Monroe Avenue Image" style="object-fit: cover; width: 200px;" />
 Multifamily 
 
 1777 &amp; 1779 Monroe Avenue
 
 Bronx, NY 
 By Northgate Real Estate Group

 <a href="/user/1c509524-b9e2-4aa8-bbd7-53fe1f29b50b" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Greg Corbin</a>
 
 President
 
 
 <a href="tel:212-419-8101" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">212-419-8101</a>
 

 <a href="https://platform.reverecre.com/project/b51be25e-13d8-44f3-88e2-2abb00438a7b" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
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Northgate’s team has been involved in over $4,300,000,000 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 provide comprehensive services for real estate borrowers and lenders, seamlessly navigating transactions such as sales or recapitalizations under Chapter 11 reorganization plans, Chapter 7 liquidations, judicial and UCC foreclosures, loan sales, and lender-borrower workouts.

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.

Due to our experience and skill set, they know we are best in class and can hit the ground running in any situation. Additionally, they trust that we have our finger on the pulse of the market: valuation, comparable sales and metrics, underwriting, and relationships with the top buyers and sellers.

Our deep-seated relationships with the investment, lending, and legal communities enable us to coordinate all moving parts of a transaction. We‘re a trusted liaison between borrowers, creditors, special servicers, banks, trustees, attorneys, receivers, and managing agents.

Special situation real estate has a language and life of its own and we excel at navigating the complexities, variables, and nuances of every deal.

Executive Managing Director

MANAGING DIRECTOR

Two contiguous multifamily buildings under construction, offered together as an assemblage.  

36 total planned residential units across 15,518 square feet of planned development.  

Each building designed for four stories plus a penthouse. Combined 50' x 95' lot with 50' of frontage along Monroe Avenue.  

Flexibility to complete the existing construction or teardown and redesign. 

R8 zoning in the Mount Hope neighborhood of the Bronx.  

Short walk to the 174th-175th Street subway station (B & D trains), with additional nearby access to the 4 train and the Metro-North Tremont station.  

Surrounded by established retail and dining, including Key Food, Dunkin', Fine Fare Supermarket, Blink Fitness, and 7-Eleven.  

Located amid significant nearby development activity, including a 213-unit mixed-use building at 521 E Tremont Avenue, the 119-unit Tremont Residences, and a new 40,000-square-foot charter school opening 2026-2027.  

Approximately 40 minutes to Penn Station and Grand Central via public transit.

Sales Team

Northgate Real Estate Group presents the bankruptcy sale of 1777 & 1779 Monroe Avenue, two contiguous multifamily buildings under construction in the Mount Hope section of the Bronx. The offering presents an opportunity to complete a stalled 36-unit residential development or pursue a teardown and redesign on an assembled lot in one of the Bronx's most transit-connected neighborhoods.

Bid Deadline: Thursday, November 5, 2026 by 4:00 PM 

Auction Date: Thursday, November 12, 2026 at 2:30 PM 

Sale subject to bankruptcy court approval.

Greg Corbin is the President and Founder of Northgate Real Estate Group, the #1 ranked bankruptcy, foreclosure, and restructuring brokerage firm in New York and one of the top 3 firms in the country, as rated by NGR BankruptcyData.

In addition to his focus on the sale and workout of distressed properties, many in Chapter 11 and Chapter 7 bankruptcy, Mr. Corbin also specializes in judicial and UCC foreclosures, loan and REO sales, restructuring, borrower and lender workouts, and the disposition of stalled construction sites. He has extensive expertise in these arenas and is widely recognized as one of the most active and sought-after industry leaders.

President

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