New York Beach Club

Description:

Northgate Real Estate Group is pleased to present an opportunity to acquire the land and improvements of a private oceanfront Beach Club through a Chapter 11 Bankruptcy Sale, together with a fee simple sale of a neighboring development parcel.

The offering is anchored by the land, improvements and operating business of the New York Beach Club at 1751 Ocean Boulevard, a turnkey hospitality destination situated on 8.26 acres of pristine oceanfront space and defined by an elevated private beach experience, with state-of-the art amenities that include a heated pool, children’s pool, bar, private cabanas, and a restaurant serving open-air oceanfront dining.

It is complemented by 1815 Ocean Boulevard, a 2.75 acre parcel generating invoiced parking income today while preserving long-term site-control and redevelopment opportunity.
Together, the two assets function as a single waterfront operating system, delivering established cash flow today with meaningful upside for a forward-looking owner.