An apartment property with six units in Turtle Bay was sold for $5 million. Located at 975 2nd Ave, the property is under Tax Class 2A designation which limits tax increases.
Marcus & Millichap’s investment specialists Joe Koicim, Peter Dodge and Zan Colin facilitated the sale while representing both seller and buyer.
Dodge commented that due to recent market disruptions such as rise in rates or COVID-19 crisis, there has been an influx of new purchasers and capital looking to take advantage of imminent opportunities presented by these circumstances.
Avenue “Williams Equities’ 136 Madison Avenue Secures Renewal Commitment from Impact.com”
Williams Equities announced that they have successfully leased almost 57,000 square feet at their property located at 136 Madison Ave