Listing Agency: Marcus & Millichap - NYM Group

Listed By: Joe Koicim · License #NY 10301208718

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:03PM

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Investment Insights

Based on property information with market context.

Located in the Turtle Bay neighborhood, this multifamily property at 975 Second Avenue is situated on the west side of the street between 51st and 52nd Streets. The building has a gross square footage of 4,400. The property is zoned C1-9.

Key Highlights

• Located in the booming Turtle Bay neighborhood
• Gross square footage of 4,400 feet
• Zoned C1‑9

Property Analytics

Property Profile

Current Use

Turtle Bay Tavern Bar & Pub Easton's Bar & Pub Cantor Construction General Contractor

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

45,181

Businesses Nearby

Explore this area Business Placement

Demographics for 10022, NY

36,708

Population

25,686

Households

1.4

Avg Household Size

45

Median Age

84%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

91,770

Density / Sq Mi

$171,038

Median Household Income

$119,657

Median Earnings

$2,928

Median Rent

$1,116,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property in the Turtle Bay neighborhood of New York.

Where is this multifamily property located?

The property is located at 975 2nd Ave New York, NY.

What are key features of this property?

This property features: Located in the booming Turtle Bay neighborhood; Gross square footage of **4,400 feet**; Zoned C1‑9