1301 AVENUE M Brooklyn NY 11230

UCC Article 9 Auction
Public Sale of Equity Interest in the following LLCs

Bid Deadline - February 27, 2024

Auction Date - February 29, 2024

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

(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

UCC Article 9 Auction
Public Sale of Equity Interest in the following LLCs

Bid Deadline: December 18, 2023

Auction Date: December 21, 2023

Keen-Summit Capital Partners LLC has been engaged by Heitman Capital Management, as exclusive marketing agent and broker for the sale of the equity interest of Ave M SNL LLC and SNL XIV, LLC (the “entities”). The 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. Successful bidders will acquire 100% of the respective LLC’s interests in the entities being purchased.

They are new facilities with a total of 2,555 units and presently averaging over of 75% occupancy on a sq. ft. basis (available individually or as a package):

• Brooklyn (Avenue M) location built in 2020, with 1,378 units

• Bronx location (Webster Ave.) built in 2021, with 1,177 units