Marcus & Millichap

Joe Koicim

Overview

Joe Koicim is a top-producing broker in Manhattan’s Marcus & Millichap office. He is a partner and co-founder of the New York Multifamily Group.  As a Director of Marcus & Millichap's National Multi Housing Group, Joe focuses on bringing new capital into both established and emerging New York markets. Joe and his team have set countless sales records for multifamily and mixed-use assets in Manhattan and across the boroughs. Private investors, institutional funds, foreign entities, and nonprofit organizations consistently seek Joe’s high-level expertise to provide them access to lucrative buying or selling opportunities.

Most recently, Joe was responsible for the sale of a 71-unit East Village portfolio, an 86-unit elevator apartment building in Clinton Hill and a 78,000 square foot mixed-use assemblage in Williamsburg. Some of Joe's additional notable transactions include the sale of a 16-building spread throughout prime submarkets in Manhattan and Brooklyn which he sold for $132 million, a portfolio of nine buildings in Midtown West and the Upper West Side, a 96-unit apartment package on West 25th Street, and a newly built high-end elevator building on West 27th Street, adjacent to the Highline.

Joe joined Marcus & Millichap in 2004 and was responsible for the sale of over ten transactions within his first fifteen months with the firm. Joe has facilitated the sale of over three billion dollars in New York City real estate and has qualified for Marcus & Millichap's National Achievement Award every year since 2011.  He was recognized as a top 30 under 30 broker by the Commercial Observer in 2008 and was recently named a top investment sales broker by Real Estate Forum magazine. Joe has been quoted in many trade journals and was featured on The Stoler Report: Real Estate Trends for his insight on Manhattan's real estate investment sales market.

A true entrepreneur and innovator, Joe earned a Bachelor of Science in Finance from the University of Maryland's Robert H. Smith School, where he successfully launched a start-up. He is actively involved in several philanthropic organizations, including UJA, and is a founding member of the YJP real estate group.  He is also an active member in the Community Housing Improvement Program (CHIP), a trade association representing more than 2,500 apartment-building owners in New York City's five boroughs. Prior to joining Marcus & Millichap, Joe worked in the Wealth Management division at Morgan Stanley.

In his free time, Joe enjoys golf, fishing, tennis and spending time with his family. He currently resides on the Upper East Side with his wife and son.

Manhattan
Joe Koicim

Joe Koicim

Licensed Associate Real Estate Broker
Tel: (212) 430-5147
Fax: (212) 500-7565

License:  NY  10301208718

- National Multi Housing Group
- Special Asset Services Group
- Institutional Property Advisors - Multifamily Investment Sales

Promoted in January, 2007
Promoted in March, 2009
Promoted in July, 2011
Promoted in July, 2012
Promoted in August, 2015

University of Maryland, B.S. Finance

Chairman's Club - 2016, 2015, 2014
National Achievement Award - 2016, 2015, 2014, 2013, 2012, 2011
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2008, 2007

  • Selected for Real Estate NY - Top Thirty Under Thirty Award
  • Featured Speaker on The Stoler Report 
  • Multiple Record Sales Prices Achieved
  • Specialization in Mixed-Use and Multifamily Properties
  • Named 2013 Real Estate Forum Top Broker NY

Listed Properties

Transactions Closed

  • 245-259 West 25th Street

    245-259 West 25th Street

    Multifamily

    New York , NY
    Price: $37,000,000
    Size: 61,429 sqft
    Size: 23 units
    Cap Rate: 3.14%

  • 501 Hudson Street

    501 Hudson Street

    Multifamily & Retail

    New York, NY
    Size: 5,570 sqft
    Size: 08 units
    Cap Rate: 3.92%

  • 26 Vandam Street

    26 Vandam Street

    Multifamily

    New York, NY
    Price: $6,100,000
    Size: 12,349 sqft
    Size: 19 units
    Cap Rate: 4.08%

  • 261-265 West 25th Street

    261-265 West 25th Street

    Multifamily

    New York, NY
    Price: $13,500,000
    Size: 25,335 sqft
    Size: 28 units
    Cap Rate: 2.77%

  • The Orenstein Building

    The Orenstein Building

    Multifamily HUD

    New York, NY
    Price: $27,500,000
    Size: 517 sqft
    Size: 127 units
    Cap Rate: 2.71%

  • 537 West 27th Street

    537 West 27th Street

    Multifamily

    New York, NY
    Price: $27,500,000
    Size: 47,479 sqft
    Size: 31 units
    Cap Rate: 3.98%

  • 220 Park Avenue South

    220 Park Avenue South

    Multifamily

    New York, NY
    Price: $20,000,000
    Size: 33,638 sqft
    Size: 38 units
    Cap Rate: 4.43%

  • 215 West 108th Street & 210 West 109th Street

    215 West 108th Street & 210 West 109th Street

    Multifamily

    New York, NY
    Price: $14,000,000
    Size: 31,435 sqft
    Size: 44 units
    Cap Rate: 4.81%

  • 402 W 22nd Street

    402 W 22nd Street

    Multifamily

    New York, NY
    Price: $3,530,000
    Size: 4,788 sqft
    Size: 08 units
    Cap Rate: 4.94%

  • 330-332 West 51st Street

    330-332 West 51st Street

    Multifamily

    New York, NY
    Price: $8,600,000
    Size: 23,550 sqft
    Size: 144 units
    Cap Rate: 9.24%

  • 2612 Broadway

    2612 Broadway

    Multifamily

    New York , NY
    Price: $16,500,000
    Size: 50,000 sqft
    Size: 30 units
    Cap Rate: 7.56%

  • 210 Jefferson Street

    210 Jefferson Street

    Multifamily

    Hoboken, NJ
    Price: $4,000,000
    Size: 12,102 sqft
    Size: 15 units
    Cap Rate: 6.24%

  • 311 West 29th Street

    311 West 29th Street

    Multifamily

    New York , NY
    Price: $4,182,000
    Size: 6,555 sqft
    Size: 19 units
    Cap Rate: 7.83%

  • 32-34 Beekman Place

    32-34 Beekman Place

    Multifamily

    New York, NY
    Price: $8,050,000
    Size: 8,118 sqft
    Size: 17 units
    Cap Rate: 3.59%

  • 233 West 14th Street

    233 West 14th Street

    Multifamily

    New York, NY
    Price: $6,800,000
    Size: 10,250 sqft
    Size: 09 units
    Cap Rate: 6.25%

  • 245 West 135th Street

    245 West 135th Street

    Multifamily & Office

    New York, NY
    Price: $2,700,000
    Size: 9,410 sqft
    Size: 04 units
    Cap Rate: 6.34%

  • 1917 Andrews Avenue South

    1917 Andrews Avenue South

    Multifamily

    Bronx, NY
    Price: $1,025,000
    Size: 12,500 sqft
    Size: 11 units
    Cap Rate: 8.16%

  • 383 East 198th Street

    383 East 198th Street

    Multifamily

    BRONX, NY
    Price: $755,000
    Size: 6,000 sqft
    Size: 23 units
    Cap Rate: 9.38%

  • 170 East 75th Street

    170 East 75th Street

    Multifamily

    New York, NY
    Price: $5,125,000
    Size: 5,600 sqft
    Size: 06 units
    Cap Rate: 1.23%

  • 105 Grand Avenue

    105 Grand Avenue

    Multifamily

    Brooklyn, NY
    Price: $16,000,000
    Size: 30,535 sqft
    Size: 36 units
    Cap Rate: 7.05%

  • 44 Maple Street

    44 Maple Street

    Multifamily

    Yonkers, NY
    Price: $475,000
    Size: 5,112 sqft
    Size: 08 units
    Cap Rate: 8.91%

  • 307 East 85th Street

    307 East 85th Street

    Multifamily & Office

    New York, NY
    Price: $3,575,000
    Size: 9,625 sqft
    Size: 16 units
    Cap Rate: 5.58%

  • 334 East 6th Street

    334 East 6th Street

    Multifamily

    New York, NY
    Price: $3,200,000
    Size: 6,750 sqft
    Size: 11 units
    Cap Rate: 4.33%

  • 1373 First Avenue

    1373 First Avenue

    Multifamily & Retail

    New York, NY
    Price: $2,375,000
    Size: 5,408 sqft
    Size: 06 units
    Cap Rate: 8.24%

  • 308 West 22nd Street

    308 West 22nd Street

    Multifamily

    NEW YORK, NY
    Price: $2,400,000
    Size: 08 units
    Cap Rate: 3.94%

  • 317 East 150th Street

    317 East 150th Street

    Multifamily

    BRONX, NY
    Price: $995,500
    Size: 7,824 sqft
    Size: 16 units
    Cap Rate: 8.48%

  • East 89th Street Portfolio

    East 89th Street Portfolio

    Multifamily

    New York, NY
    Price: $6,675,000
    Size: 19,630 sqft
    Size: 39 units
    Cap Rate: 5.47%

  • 1431 First Avenue

    1431 First Avenue

    Multifamily

    New York, NY
    Price: $3,503,000
    Size: 7,930 sqft
    Size: 13 units
    Cap Rate: 5.42%

  • 368 8th Avenue

    368 8th Avenue

    Multifamily

    New York, NY
    Price: $2,985,000
    Size: 7,225 sqft
    Size: 23 units
    Cap Rate: 2.85%

  • 535 East 87th Street

    535 East 87th Street

    Multifamily

    New York, NY
    Price: $2,750,000
    Size: 8,745 sqft
    Size: 11 units
    Cap Rate: 5.38%

  • 1992 Davidson Ave

    1992 Davidson Ave

    Multifamily HUD

    Bronx, NY
    Price: $860,000
    Size: 11,600 sqft
    Size: 16 units
    Cap Rate: 8.89%

  • 141-143 East 149th Street

    141-143 East 149th Street

    Multifamily

    Bronx, NY
    Price: $1,110,000
    Size: 13,960 sqft
    Size: 11 units
    Cap Rate: 8.34%

  • 1924 Elizabeth Avenue

    1924 Elizabeth Avenue

    Multifamily

    Rahway, NJ
    Price: $1,710,000
    Size: 11,150 sqft
    Size: 14 units
    Cap Rate: 7.26%

  • 195 Havemeyer Street

    195 Havemeyer Street

    Multifamily

    Brooklyn, NY
    Price: $4,000,000
    Size: 4,428 sqft
    Size: 06 units
    Cap Rate: 4.31%

  • 493 Second Avenue

    493 Second Avenue

    Multifamily

    New York, NY
    Price: $3,850,000
    Size: 9,442 sqft
    Size: 18 units
    Cap Rate: 3.96%

  • 150 West 84th Street

    150 West 84th Street

    Multifamily

    New York, NY
    Price: $5,350,000
    Size: 13,260 sqft
    Size: 20 units
    Cap Rate: 5.87%

  • 131 West 80th Street

    131 West 80th Street

    Multifamily

    New York, NY
    Price: $2,800,000
    Size: 6,425 sqft
    Size: 09 units
    Cap Rate: 0.99%

  • 104 East 30th Street

    104 East 30th Street

    Multifamily

    NEW YORK, NY
    Price: $3,000,000
    Size: 5,875 sqft
    Size: 06 units
    Cap Rate: 7.56%

  • 42-04 Saull Street

    42-04 Saull Street

    Multifamily

    Flushing, NY
    Price: $5,350,000
    Size: 33,840 sqft
    Size: 35 units
    Cap Rate: 6.02%

  • 951 Carroll Street

    951 Carroll Street

    Multifamily

    Brooklyn, NY
    Price: $3,375,000
    Size: 30,642 sqft
    Size: 43 units
    Cap Rate: 7.78%

  • 650 9th Avenue

    650 9th Avenue

    Multifamily

    New York, NY
    Price: $8,200,000
    Size: 13,030 sqft
    Size: 10 units
    Cap Rate: 4.99%

  • Premier Pools and Spas' Island of Escape

    Premier Pools and Spas' Island of Escape

    Net Leased Miscellaneous

    Tucson, AZ
    Price: $3,900,000
    Size: 14,750 sqft
    Cap Rate: 7.92%

  • Burger King

    Burger King

    Net Leased Restaurant

    New Bern, NC
    Price: $948,077
    Size: 3,091 sqft
    Cap Rate: 7.15%

  • 534 West 50th Street

    534 West 50th Street

    Multifamily

    NEW YORK, NY
    Price: $4,500,000
    Size: 10,750 sqft
    Size: 21 units
    Cap Rate: 4.87%

  • Northfield Bank

    Northfield Bank

    Net Leased Bank

    Linden, NJ
    Price: $2,915,000
    Size: 5,605 sqft
    Cap Rate: 7.49%

  • 529 West 48th Street

    529 West 48th Street

    Multifamily

    NEW YORK, NY
    Price: $4,500,000
    Size: 11,310 sqft
    Size: 21 units
    Cap Rate: 4.52%

  • 317 & 319 West 35th Street

    317 & 319 West 35th Street

    Multifamily

    NEW YORK, NY
    Price: $7,650,000
    Size: 17,420 sqft
    Size: 30 units
    Cap Rate: 4.70%

  • Santa Fe Cattle Co.

    Santa Fe Cattle Co.

    Net Leased Restaurant

    Bowling Green, KY
    Price: $2,078,734
    Size: 6,283 sqft
    Cap Rate: 7.75%

  • 465 East 167th Street & 1178 Washington Avenue

    465 East 167th Street & 1178 Washington Avenue

    Multifamily

    BRONX, NY
    Price: $2,351,000
    Size: 38,475 sqft
    Size: 40 units
    Cap Rate: 7.02%

  • Burger King

    Burger King

    Net Leased Restaurant

    Coshocton, OH
    Price: $1,566,433
    Size: 2,966 sqft
    Cap Rate: 7.15%

  • Circle K

    Circle K

    Net Leased Auto Service - Gas/Conv.

    Phoenix, AZ
    Price: $1,999,192
    Size: 2,680 sqft
    Cap Rate: 6.75%

  • 657 Crotona Park North

    657 Crotona Park North

    Multifamily

    BRONX, NY
    Price: $1,800,000
    Size: 30,444 sqft
    Size: 29 units
    Cap Rate: 7.61%

  • Pollo Tropical

    Pollo Tropical

    Net Leased Restaurant

    Jupiter, FL
    Price: $2,400,000
    Size: 3,250 sqft
    Cap Rate: 6.75%

  • Pollo Tropical

    Pollo Tropical

    Net Leased Restaurant

    Plantation, FL
    Price: $2,400,000
    Size: 3,679 sqft
    Cap Rate: 6.75%

  • The New Venture Package

    The New Venture Package

    Multifamily

    BRONX, NY
    Price: $6,400,000
    Size: 77,795 sqft
    Size: 104 units
    Cap Rate: 8.22%

  • Circle K

    Circle K

    Net Leased Restaurant

    North Augusta, SC
    Price: $2,269,928
    Size: 5,376 sqft
    Cap Rate: 7.00%

  • 3346-3348 Hull Avenue

    3346-3348 Hull Avenue

    Multifamily

    Bronx, NY
    Price: $4,325,000
    Size: 49,000 sqft
    Size: 50 units
    Cap Rate: 6.69%

  • 248 East 32nd Street

    248 East 32nd Street

    Multifamily

    New York, NY
    Price: $3,650,000
    Size: 5,750 sqft
    Size: 07 units
    Cap Rate: 4.84%

  • 141-143 East 149th Street

    141-143 East 149th Street

    Multifamily

    Bronx, NY
    Price: $1,300,000
    Size: 13,960 sqft
    Size: 11 units
    Cap Rate: 8.90%

  • 565 East 188th Street

    565 East 188th Street

    Multifamily

    Bronx, NY
    Price: $1,430,000
    Size: 16,530 sqft
    Size: 22 units
    Cap Rate: 5.93%

  • 336 West 19th Street

    336 West 19th Street

    Multifamily

    New York, NY
    Price: $1,800,000
    Size: 6,546 sqft
    Size: 21 units
    Cap Rate: 7.65%

  • Brookside Portfolio

    Brookside Portfolio

    Multifamily

    New York, NY
    Price: $13,100,000
    Size: 91,782 sqft
    Size: 109 units
    Cap Rate: 6.69%

  • 835 East 152nd Street

    835 East 152nd Street

    Multifamily

    Bronx, NY
    Price: $2,250,000
    Size: 20,250 sqft
    Size: 25 units
    Cap Rate: 8.95%

  • 572 West 141 Street

    572 West 141 Street

    Multifamily

    New York, NY
    Price: $2,965,000
    Size: 25,800 sqft
    Size: 24 units
    Cap Rate: 6.95%

  • 458 West 50th Street

    458 West 50th Street

    Multifamily

    New York, NY
    Price: $2,980,000
    Size: 4,923 sqft
    Size: 06 units

  • 2052 Madison Avenue

    2052 Madison Avenue

    Multifamily Vacant/User

    New York, NY
    Price: $850,000
    Size: 3,200 sqft
    Size: 04 units
    Cap Rate: 0.15%

  • 236 West 24 Street

    236 West 24 Street

    Multifamily Vacant/User

    New York, NY
    Price: $2,350,000
    Size: 4,360 sqft
    Size: 07 units
    Cap Rate: 5.70%

  • Nostrand Avenue Portfolio - NNN

    Nostrand Avenue Portfolio - NNN

    Mixed-Use Vacant/User

    Brooklyn, NY
    Price: $2,889,000
    Size: 22,100 sqft
    Cap Rate: 13.34%

  • 423 Clay Pitts Road

    423 Clay Pitts Road

    Seniors Housing Loan Sale (Loan Sale)

    East Northport, NY
    Price: $5,475,000

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Lower Burrell, PA
    Price: $6,050,000
    Size: 14,820 sqft
    Cap Rate: 6.35%

  • Lone Star Steakhouse & Saloon

    Lone Star Steakhouse & Saloon

    Net Leased Restaurant

    JOLIET, IL
    Price: $1,900,000
    Size: 5,525 sqft
    Cap Rate: 11.81%

  • Denny's

    Denny's

    Net Leased Restaurant

    GLENDALE, AZ
    Price: $1,142,413
    Size: 6,707 sqft
    Cap Rate: 7.44%

  • 1095-1109 Southern Blvd

    1095-1109 Southern Blvd

    Shopping Strip

    Bronx, NY
    Price: $1,490,000
    Size: 5,000 sqft
    Cap Rate: 7.26%

  • Olive Garden

    Olive Garden

    Net Leased Restaurant

    Port St Lucie , FL
    Price: $2,231,000
    Size: 7,399 sqft
    Cap Rate: 6.50%

  • 213 New Park Avenue

    213 New Park Avenue

    Retail Vacant/User

    Hartford, CT
    Price: $1,051,000
    Size: 7,489 sqft

  • McDonald's Ground Lease

    McDonald's Ground Lease

    Net Leased Restaurant

    Irving, TX
    Size: 4,000 sqft