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UCC FOreclosure Sale: 1 River Park (350 Hicks St) & 2 River Park (91 Pacific St)

Market Price

350 Hicks Street, Brooklyn, NY 11201

Active
Last Updated: 09/28/2022

Multifamily

Development Type

294,150 sqft

Building Size

Details:
Development Type:    Multifamily
Building Size:    294,150 sqft
Lot Area:    53,054 sqft
Zoning:    R6
Construction Status:    Stalled Construction
Investment Strategy:    Value Add
Highlights:
  • UCC Foreclosure Sale
  • Stalled Construction
  • Prime Brooklyn Location
  • Totaling 294,150 BSQF
  • Site improvements include demolition work, excavation, foundation work, concrete work, curtain wall, and plumbing work
Description:

Rosewood Realty Group has been exclusively engaged to offer for sale all of Debtor’s right, title and interest in and to Debtor’s combined 100% limited liability company membership interest in (i) FPG CH 350 Hicks, LLC and (ii) FPG CH 91 Pacific, LLC, (collectively, the “Collateral”) to the highest qualified bidder at a public (online) auction.
The subject consists of a non-adjacent assemblage of two parcels, one being at 350 Hicks Street (1 River Park) being 24,666 square feet, or 0.57-acres, which is presently land with partial site improvements, the second being at 91-95 Pacific Street (2 River Park) being 28,388 square feet, or 0.65-acres, which is presently land with partial site improvements.

Bid Deadline: Monday, October 17th, 2022 at 4:00 pm
Online Auction: Thursday, October 20th, 2022 at 1:00pm
Subject to Change

Map:
Documents:
Title
OMM.pdf
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Location
Gallery