UCC Article 9 Foreclosure Auction – LLC Interests with Self-Storage Assets In New York

PUBLIC AUCTION OF THE EQUITY INTEREST IN TWO LLCS
Bid Deadline – December 18, 2023
Auction Date – December 21, 2023

UCC Article 9 Auction
Public Sale of Equity Interest in the following LLCs
(available individually or as a package)

This Article 9 sale provides a unique opportunity to acquire the entities, which own 2 state-of-the-art self-storage facilities in highly desirable NYC locations.

They are new facilities with a total of 2,555 units and presently averaging over of 75% occupancy on a sq. ft. basis: 

  • Brooklyn (Avenue M) location built in 2020, with 1,378 units
  • Bronx location (Webster Ave.) built in 2021, with 1,177 units

Access to over 2,430,000* residents within a 3-mile radius of the subject properties

  • Avenue M = ~1,071,000 residents
  • Webster Ave. = ~1,363,000 residents

Additional details available in a virtual data room which accessed via visiting opportunity website – www.Article9-NYSelfStorage.com

NDA can be viewed and executed on the above opportunity website

Flyer – Heitman Article 9 Sale – Final 10_30_2023

1301 Avenue M, Brooklyn, NY – Gallery

2036 Webster Ave, Bronx, NY – Gallery

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