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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%2Fb8a3b29e-728f-4483-a848-c27428d8d592%2F562f2ede-9fb8-4f6d-86da-ec7fd639950c" onerror="this.style.display='none'" alt="620 East 178th Street Image" style="object-fit: cover; width: 200px;" />
 Multifamily / Mixed Use 
 
 620 East 178th Street
 
 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/b8a3b29e-728f-4483-a848-c27428d8d592" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

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.

President

Executive Managing Director

MANAGING DIRECTOR

5-story, mixed-use building in the East Tremont neighborhood of the Bronx

47 residential units and 2 ground floor retail units

Corner property with 42 ft of frontage along Hughes Avenue and 191 ft of frontage along E. 178th Street

One block north of the East Tremont Avenue retail corridor

Near the Tremont Metro-North Station providing access to Grand Central

Sales Team

Short Sale of 5-story, mixed-use building in East Tremont neigbord of the Bronx.

BID DEADLINE: TUESDAY, FEBRUARY 24TH, 2025 AT 5:00 PM

AUCTION DATE: THURSDAY, FEBRUARY 26TH, 2025 AT 2:30 PM

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.

Overview

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