UCC FORECLOSURE SALE
May 11, 2026 at 3:30pm EST
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”).
UCC PUBLIC SALE NOTICE
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.
BID QUALIFICATON DEADLINE
Thursday
May 7th, 2026
3:00 PM
PUBLIC AUCTION DATE
Monday
May 11th, 2026
3:30 PM
(FULL TERMS OF SALE AVAILABLE UPON REQUEST)
PROPERTY OWNED BY 1043 NORTHERN BLVD REALTY LLC,*
- Single tenant retail building on Northern Blvd in Roslyn, NY
- Currently occupied by Limani (restaurant)
- 149 ft of frontage along a prime retail corridor in Nassau County
- 7,661 sq ft building on a 149 ft x 251 ft lot
- 58 surface parking spaces
- Near Americana Manhassett, an upscale, open-air shopping center with retailers such as Louis Vuitton, Moncler, Prada, Tiffany & Co., Burberry, and Cartier
- Affluent demographic
- Easily accessible from Manhattan, Queens, Nassau, and Suffolk
* 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.
(212) 369-4000 | team@northgatereg.com | www.northgatereg.com
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