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.
Pandora Jewelry and Woori Bank Sign 74K SF of Long-Term Office Leases at 1540 Broadway
GFP Real Estate and BDT & MSD Partners have secured more than 74,000 square feet of new long-term office leases
Steve Griffin
March 6, 2026
