Note Sale | 2.59± AC Parking Lot

1815 Ocean Boulevard is prominently situated along the Atlantic Ocean in the affluent coastal community of Atlantic Beach, Nassau County, New York. The property lies within Atlantic Beach’s established Beach Club corridor, surrounded by private clubs, upscale residential neighborhoods and recreational amenities, with direct access to the area’s white sand beachfront and Atlantic Ocean. Nearby destinations include Inwood Beach Club, New York Beach Club & Restaurant, The Shores at Atlantic Beach and Clear Water Beach Club, reinforcing the area’s concentration of waterfront recreation and hospitality uses. The location also offers convenient access to Park Street, the primary commercial corridor through Atlantic Beach, as well as connections north toward Lawrence, the Five Towns, and the greater New York City metropolitan area. Positioned between Kings Avenue and Lewis Avenue, the site benefits from a distinctive oceanfront setting within one of Nassau County’s established barrier-island communities.Hilco Global is accepting offers for this non-performing 1st mortgage note with an original balance of $4,000,000, and a current unpaid principal balance of over $6,000,000, secured by a vacant oceanfront lot at 1815 Ocean Boulevard in Atlantic Beach, New York. The lot has been associated with the New York Beach Club and provides overflow parking. The loan is in late stage foreclosure with a sale expected in early Fall 2026. The loan status allows for multiple pathways for the investor to either monetize the 1st mortgage position or acquire the asset for redevelopment of a rarely available oceanfront lot on the south shore of Long Island.