Marcus & Millichap

Matt Fotis

Overview

Matthew Fotis is one of Marcus & Millichap's top producing multi- family and mixed use specialists working within the Five Boroughs of New York City. He, as a result, has won a sales achievement award consistently every year since 2005.  Mr. Fotis started his career at Marcus & Millichap in 2004, specializing in the sale of investment properties in Brooklyn. Over the years, he has grown his team by expanding his expertise into Queens and Downtown Manhattan. Collectively,  they have set multiple sales records for multi-family and mixed- use assets in the New York City Boroughs.
 
Prior to joining Marcus & Millichap, Mr. Fotis worked for a large property owner, handling the leasing of high profile spaces and property management. 
 
Mr. Fotis is a member of the National Multi- Housing Group. He graduated from Pennsylvania State University with a bachelor's degree in Hotel, Restaurant and Institutional Management. In his spare time, Mr. Fotis enjoys travelling, cooking, spending time with family, he is also an avid runner.

Manhattan
Matt Fotis

Matt Fotis

Licensed Associate Real Estate Broker
Tel: (212) 430-5234
Fax: (646) 365-0611

License:  NY  10301207136

- Special Asset Services Group
- National Multi Housing Group

Promoted in December, 2006
Promoted in December, 2007
Promoted in July, 2011
Promoted in July, 2012
Promoted in August, 2015
Promoted in January, 2017

Pennsylvania State University, Bachelor's Degree in Hotel, Restaurant and Institutional Management.

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

Listed Properties

Transactions Closed

  • 103 Reade Street

    103 Reade Street

    Multifamily & Retail

    New York, NY
    Price: $16,200,000
    Size: 18,750 sqft
    Cap Rate: 3.61%

  • 94 Saint Marks Place

    94 Saint Marks Place

    Multifamily & Retail

    New York, NY
    Price: $6,400,000
    Size: 7,020 sqft
    Cap Rate: 3.59%

  • 3 East Third Street

    3 East Third Street

    Land - Mixed-Use

    New York, NY
    Price: $11,500,000

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Springfield, OH
    Price: $2,539,079
    Size: 5,498 sqft
    Cap Rate: 5.85%

  • Friendly's

    Friendly's

    Net Leased Restaurant

    sturbridge, MA
    Price: $1,677,037
    Size: 4,500 sqft
    Cap Rate: 4.11%

  • 6120 Madison Street

    6120 Madison Street

    Multifamily

    Queens , NY
    Price: $1,950,000
    Size: 9,200 sqft
    Size: 08 units
    Cap Rate: 3.56%

  • Boston Market

    Boston Market

    Net Leased Restaurant

    North Miami, FL
    Price: $2,550,000
    Size: 2,669 sqft
    Cap Rate: 4.49%

  • 19 Pell Street/19 Doyers Street

    19 Pell Street/19 Doyers Street

    Multifamily & Retail

    New York, NY
    Price: $3,700,000
    Size: 5,860 sqft
    Cap Rate: 2.69%

  • Individual Pricing | 770 Saint Marks Avenue

    Individual Pricing | 770 Saint Marks Avenue

    Multifamily

    Brooklyn, NY
    Price: $19,100,000
    Size: 70,097 sqft
    Size: 53 units
    Cap Rate: 4.41%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Brownsville, TX
    Size: 3,099 sqft

  • 366 Onderdonk Avenue

    366 Onderdonk Avenue

    Multifamily

    Queens, NY
    Price: $1,660,000
    Size: 4,725 sqft
    Size: 06 units
    Cap Rate: 3.93%

  • 3057 Crescent Street

    3057 Crescent Street

    Land - Multi-Family

    Astoria, NY
    Price: $2,300,000

  • Family Dollar

    Family Dollar

    Net Leased Department Store

    Dawson, MN
    Price: $1,306,186
    Size: 8,320 sqft
    Cap Rate: 6.45%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Fort Smith, AR
    Price: $1,574,418
    Size: 8,320 sqft
    Cap Rate: 6.45%

  • 7-Eleven and Shell Gas and Convenience Station

    7-Eleven and Shell Gas and Convenience Station

    Net Leased Auto Service - Gas/Conv.

    Fort Worth, TX
    Size: 1,664 sqft
    Cap Rate: 5.82%

  • Individual Pricing | 442 Decatur Street

    Individual Pricing | 442 Decatur Street

    Multifamily

    Brooklyn, NY
    Price: $8,000,000
    Size: 25,350 sqft
    Size: 32 units
    Cap Rate: 4.11%

  • 7918 Roosevelt Avenue

    7918 Roosevelt Avenue

    Multifamily & Retail

    Jackson Heights, NY
    Price: $2,200,000
    Size: 2,200 sqft
    Cap Rate: 5.09%

  • 1470-1474 Ocean Avenue

    1470-1474 Ocean Avenue

    Land - Multi-Family

    Brooklyn, NY
    Price: $3,300,000
    Size: 25,152 sqft

  • 159-01 Northern Boulevard

    159-01 Northern Boulevard

    Multifamily, Office & Retail

    Flushing, NY
    Price: $13,750,000
    Size: 21,400 sqft
    Cap Rate: 4.18%

  • 1206 Eastern Parkway

    1206 Eastern Parkway

    Land - Multi-Family

    Brooklyn, NY
    Price: $1,730,000
    Size: 17,200 sqft

  • Panera Bread Sale Leaseback

    Panera Bread Sale Leaseback

    Net Leased Restaurant

    New Berlin, WI
    Price: $3,100,000
    Size: 4,335 sqft
    Cap Rate: 4.83%

  • Springhill Suites Port St. Lucie

    Springhill Suites Port St. Lucie

    Hotel/Motel

    Port St. Lucie, FL
    Price: $5,700,000
    Size: 105 units
    Cap Rate: 3.52%

  • 6851 Fresh Pond Road

    6851 Fresh Pond Road

    Multifamily & Retail

    Ridgewood, NY
    Price: $1,860,000
    Size: 5,100 sqft
    Cap Rate: 3.11%

  • 252 8th Ave

    252 8th Ave

    Multifamily Vacant/User (Lease Transaction)

    New York, NY
    Price: $2,243
    Size: 03 units

  • 398 8th Street

    398 8th Street

    Multifamily

    Brooklyn, NY
    Price: $7,000,000
    Size: 7,992 sqft
    Size: 08 units
    Cap Rate: 4.25%

  • 991-993 President Street

    991-993 President Street

    Multifamily

    Brooklyn, NY
    Price: $17,000,000
    Size: 46,112 sqft
    Size: 63 units
    Cap Rate: 3.94%

  • Berkshire Bank| 4% Annual Rental Bumps

    Berkshire Bank| 4% Annual Rental Bumps

    Net Leased Bank

    East Greenbush, NY
    Price: $2,529,000
    Size: 4,800 sqft
    Cap Rate: 4.50%

  • Doubletree Richmond Airport

    Doubletree Richmond Airport

    Hotel/Motel

    Sandston, VA
    Price: $6,900,000
    Size: 160 units
    Cap Rate: 5.39%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Conover, NC
    Price: $1,407,766
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • 479 Clinton Avenue

    479 Clinton Avenue

    Multifamily

    Brooklyn, NY
    Price: $5,000,000
    Size: 9,092 sqft
    Size: 15 units
    Cap Rate: 3.49%

  • 165 Dekalb Avenue

    165 Dekalb Avenue

    Multifamily & Retail

    Brooklyn, NY
    Price: $2,500,000
    Size: 4,200 sqft
    Cap Rate: 1.70%

  • Chick-fil-A

    Chick-fil-A

    Net Leased Restaurant

    Albuquerque, NM
    Price: $2,050,000
    Size: 4,481 sqft
    Cap Rate: 4.15%

  • Chili's

    Chili's

    Net Leased Restaurant

    Albuquerque, NM
    Price: $2,400,000
    Size: 6,082 sqft
    Cap Rate: 5.00%

  • 678 Franklin Avenue

    678 Franklin Avenue

    Multifamily & Retail

    Brooklyn, NY
    Price: $1,535,000
    Size: 2,886 sqft
    Size: 2,886 units
    Cap Rate: 4.54%

  • 907-917 Atlantic Avenue

    907-917 Atlantic Avenue

    Land - Commercial

    Brooklyn, NY
    Price: $12,000,000

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Wenona, IL
    Price: $1,250,000
    Size: 8,320 sqft
    Cap Rate: 6.39%

  • McDonald's

    McDonald's

    Net Leased Restaurant

    Stockbridge, GA
    Price: $2,642,857
    Size: 4,059 sqft
    Cap Rate: 4.20%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Jacksonville, FL
    Price: $1,689,320
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Winchester, VA
    Price: $1,572,815
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • CVS

    CVS

    Net Leased Drug Store

    O'Fallon, MO
    Price: $4,000,000
    Size: 13,225 sqft
    Cap Rate: 5.00%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Madison Heights, VA
    Price: $1,747,572
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Immokalee, FL
    Price: $2,300,000
    Size: 10,000 sqft
    Cap Rate: 6.16%

  • 1825 Cornelia Street

    1825 Cornelia Street

    Multifamily

    Ridgewood, NY
    Price: $2,820,000
    Size: 11,200 sqft
    Size: 12 units
    Cap Rate: 3.70%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Myrtle Beach, SC
    Price: $1,805,825
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • Chili's

    Chili's

    Net Leased Restaurant

    Bernalillo, NM
    Price: $2,109,000
    Size: 6,082 sqft
    Cap Rate: 5.00%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Perry, GA
    Price: $1,526,000
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • 3212 R Boardwalk West

    3212 R Boardwalk West

    Land - Multi-Family

    Brooklyn, NY
    Price: $1,475,000
    Size: 6,480 sqft

  • 485-487 Tompkins Avenue

    485-487 Tompkins Avenue

    Land - Mixed-Use

    Brooklyn, NY
    Price: $2,025,000
    Size: 4,560 sqft

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Florence, KY
    Price: $1,903,680
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • Brand New 15 Year NNN Family Dollar

    Brand New 15 Year NNN Family Dollar

    Net Leased Discount

    San Antonio, TX
    Size: 8,353 sqft
    Cap Rate: 6.54%

  • 1550-1554 Old Country Road

    1550-1554 Old Country Road

    Shopping Strip

    Westbury, NY
    Price: $1,800,000
    Size: 4,213 sqft
    Cap Rate: -2.92%

  • Family Dollar

    Family Dollar

    Net Leased Department Store

    Summerville, GA
    Price: $1,445,757
    Size: 9,180 sqft
    Cap Rate: 6.60%

  • 34-27 37th Street

    34-27 37th Street

    Multifamily

    Long Island City, NY
    Price: $2,475,000
    Size: 9,000 sqft
    Size: 08 units
    Cap Rate: 4.16%

  • 1559-1563 Dean Street and 92-98 Troy Avenue

    1559-1563 Dean Street and 92-98 Troy Avenue

    Multifamily

    Brooklyn, NY
    Price: $4,700,000
    Size: 20,672 sqft
    Size: 18 units
    Cap Rate: 5.69%

  • 529 East 83rd Street

    529 East 83rd Street

    Multifamily

    New York, NY
    Price: $6,000,000
    Size: 9,190 sqft
    Size: 15 units
    Cap Rate: 2.70%

  • 341 Prospect Place

    341 Prospect Place

    Multifamily

    Brooklyn, NY
    Price: $3,750,000
    Size: 6,960 sqft
    Size: 08 units
    Cap Rate: 4.44%

  • 152 and 156 Manhattan Avenue

    152 and 156 Manhattan Avenue

    Urban-High Street Retail

    Brooklyn, NY
    Price: $3,950,000
    Size: 12,750 sqft
    Cap Rate: 4.20%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Shallotte, NC
    Price: $1,619,000
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • 3074-3076 30th Street

    3074-3076 30th Street

    Multifamily

    Queens, NY
    Price: $4,019,000
    Size: 6,637 sqft
    Size: 12 units
    Cap Rate: 5.59%

  • 235 East 2nd Street

    235 East 2nd Street

    Multifamily

    Brooklyn, NY
    Price: $4,300,000
    Size: 13,000 sqft
    Size: 20 units
    Cap Rate: 4.18%

  • 177 Columbus Boulevard

    177 Columbus Boulevard

    Net Leased Drug Store

    New Britain, CT
    Price: $5,400,000
    Size: 8,000 sqft
    Cap Rate: 5.56%

  • Murphy Express

    Murphy Express

    Net Leased Auto Service - Gas/Conv.

    Florence, SC
    Price: $1,553,000
    Size: 2,500 sqft
    Cap Rate: 5.15%

  • Chipotle/Mattress Firm

    Chipotle/Mattress Firm

    Net Leased Restaurant

    Missoula, MT
    Price: $4,925,000
    Size: 8,289 sqft
    Cap Rate: 6.09%

  • 129 West 56th Street

    129 West 56th Street

    Multifamily & Retail

    New York, NY
    Price: $10,450,000
    Size: 9,998 sqft
    Cap Rate: 4.10%

  • 367 95th Street

    367 95th Street

    Multifamily

    Brooklyn, NY
    Price: $5,300,000
    Size: 24,280 sqft
    Size: 39 units
    Cap Rate: 4.67%

  • 164 & 181 Havemeyer Street

    164 & 181 Havemeyer Street

    Multifamily & Retail

    Brooklyn, NY
    Price: $24,492,000
    Size: 37,750 sqft
    Cap Rate: 5.62%

  • 442 Lorimer Street

    442 Lorimer Street

    Multifamily & Retail

    Brooklyn, NY
    Price: $22,608,000
    Size: 44,000 sqft
    Cap Rate: 4.72%

  • 7508 & 7524 Broadway

    7508 & 7524 Broadway

    Shopping Strip

    Queens, NY
    Price: $5,850,000
    Size: 7,940 sqft
    Cap Rate: 4.00%

  • 613 Woodward Avenue

    613 Woodward Avenue

    Multifamily & Retail

    Queens, NY
    Price: $1,180,000
    Size: 5,175 sqft
    Cap Rate: 5.26%

  • Burger King

    Burger King

    Net Leased Restaurant

    Jacksonville, NC
    Price: $1,724,000
    Size: 2,621 sqft
    Cap Rate: 6.15%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Reno, NV
    Price: $8,100,000
    Size: 13,841 sqft
    Cap Rate: 5.05%

  • CVS

    CVS

    Net Leased Drug Store

    Meriden, CT
    Price: $4,050,000
    Size: 10,125 sqft
    Cap Rate: 6.29%

  • 155 Newton Street

    155 Newton Street

    Multifamily

    Brooklyn, NY
    Price: $4,500,000
    Size: 7,250 sqft
    Size: 08 units
    Cap Rate: 6.13%

  • 70 University Place

    70 University Place

    Multifamily & Retail

    New York, NY
    Price: $10,100,000
    Size: 7,917 sqft
    Cap Rate: 4.35%

  • 8608 102nd Street

    8608 102nd Street

    Multifamily

    Richmond Hill, NY
    Price: $620,000
    Size: 3,450 sqft
    Size: 04 units
    Cap Rate: 3.60%

  • 533 West 142nd Street

    533 West 142nd Street

    Multifamily

    New York, NY
    Price: $2,050,000
    Size: 3,350 sqft
    Size: 07 units
    Cap Rate: 5.09%

  • 44 and 46 Box Street

    44 and 46 Box Street

    Land - Commercial

    Brooklyn, NY
    Price: $3,750,000
    Size: 5,000 sqft

  • Murphy Express

    Murphy Express

    Net Leased Restaurant

    South Boston, VA
    Price: $1,337,000
    Size: 2,500 sqft
    Cap Rate: 5.25%

  • 525, 527, 529, 543-545 Nostrand Avenue

    525, 527, 529, 543-545 Nostrand Avenue

    Multifamily, Office & Retail

    Brooklyn, NY
    Price: $4,875,000
    Size: 15,625 sqft
    Cap Rate: 6.62%

  • 68 Richardson Street

    68 Richardson Street

    Multifamily

    Brooklyn, NY
    Price: $17,500,000
    Size: 32,500 sqft
    Size: 25 units
    Cap Rate: 4.40%

  • 584 Rugby Road

    584 Rugby Road

    Multifamily

    Brooklyn, NY
    Price: $3,100,000
    Size: 17,392 sqft
    Size: 23 units
    Cap Rate: 3.61%

  • 3015 49th Street

    3015 49th Street

    Multifamily

    Astoria, NY
    Price: $1,650,000
    Size: 5,250 sqft
    Size: 06 units
    Cap Rate: 4.37%

  • 4013-4015 Avenue U

    4013-4015 Avenue U

    Urban-High Street Retail

    Brooklyn, NY
    Price: $1,700,000
    Size: 5,600 sqft
    Cap Rate: 5.77%

  • 3117 36th Street

    3117 36th Street

    Multifamily

    Queens, NY
    Price: $1,850,000
    Size: 3,480 sqft
    Size: 06 units
    Cap Rate: 5.21%

  • 607 Seneca Avenue

    607 Seneca Avenue

    Multifamily

    Queens, NY
    Price: $1,100,000
    Size: 4,875 sqft
    Size: 06 units
    Cap Rate: 4.84%

  • 6112 162nd Street

    6112 162nd Street

    Multifamily

    Queens, NY
    Price: $880,000
    Size: 4,500 sqft
    Size: 04 units
    Cap Rate: 3.27%

  • 4318 25th Avenue

    4318 25th Avenue

    Multifamily & Retail

    Queens, NY
    Price: $4,300,000
    Size: 12,600 sqft
    Size: 14 units
    Cap Rate: 4.69%

  • 382 Lefferts Avenue

    382 Lefferts Avenue

    Land - Commercial

    Brooklyn, NY
    Price: $6,000,000

  • 1448 86th Street

    1448 86th Street

    Multifamily & Retail

    Brooklyn, NY
    Price: $1,640,000
    Size: 4,983 sqft
    Cap Rate: 3.19%

  • 250 Pacific Street

    250 Pacific Street

    Multifamily

    Brooklyn, NY
    Price: $9,800,000
    Size: 17,215 sqft
    Size: 25 units
    Cap Rate: 4.40%

  • 43-17 49th Street

    43-17 49th Street

    Multifamily

    Sunnyside, NY
    Price: $3,550,000
    Size: 10,660 sqft
    Size: 16 units
    Cap Rate: 3.97%

  • 234 Union Avenue

    234 Union Avenue

    Multifamily & Retail

    Brooklyn, NY
    Price: $11,350,000
    Size: 23,250 sqft
    Cap Rate: 4.50%

  • Corporate 7-Eleven Gas and Convenience Store

    Corporate 7-Eleven Gas and Convenience Store

    Net Leased Auto Service - Gas/Conv.

    Painesville, OH
    Price: $2,525,000
    Size: 1,975 sqft
    Cap Rate: 5.75%

  • 1009-1019 Second Avenue

    1009-1019 Second Avenue

    Retail Vacant/User

    New York, NY
    Price: $14,275,000
    Size: 6,208 sqft
    Cap Rate: 4.23%

  • 537 8th Street

    537 8th Street

    Multifamily

    Brooklyn, NY
    Price: $3,300,000
    Size: 8,000 sqft
    Size: 08 units

  • 550 7th Street

    550 7th Street

    Multifamily

    Brooklyn, NY
    Price: $3,600,000
    Size: 11,120 sqft
    Size: 08 units

  • 1245 Dean Street

    1245 Dean Street

    Multifamily Vacant/User

    Brooklyn, NY
    Price: $1,200,000
    Size: 07 units

  • 991-993 President Street

    991-993 President Street

    Multifamily

    Brooklyn, NY
    Price: $9,000,000
    Size: 39,400 sqft
    Size: 63 units
    Cap Rate: 4.32%

  • 531 Bergen Street

    531 Bergen Street

    Multifamily

    Brooklyn, NY
    Price: $3,425,000
    Size: 7,020 sqft
    Size: 09 units
    Cap Rate: 4.83%

  • Corporate 7-Eleven Gas and Convenience

    Corporate 7-Eleven Gas and Convenience

    Net Leased Auto Service - Gas/Conv.

    Washington, PA
    Price: $2,470,000
    Size: 2,170 sqft
    Cap Rate: 5.80%

There are additional transactions closed, contact us for more.