For Sale
Asset Snapshot
Offering Summary
Auction Informstion
Bid Deadline: Monday, November 30, 2026 by 5:00 PM
Auction Date: Wednesday, December 2, 2026 at 3:30 PM
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.
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