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Dan Greenblatt

Licensed Associate Real Estate Broker

718-475-4357
dgreenblatt@marcusmillichap.com

260 Madison Avenue 5th Floor, New York, NY 10016

Dan's Q&A

What is Your Favorite Movie?

Pulp Fiction

01

What is You Favorite Book?

Catcher in The Rye

02

What are the top things you enjoy most about working in this business and on the NYM team?

Team Collaboration, Making all the pieces fit to put a deal together, Meeting all the interesting and diverse people that own and operate real estate

03

Professional History

Dan is an Associate Broker specializing in the sale of multifamily, mixed-use and development sites with a primary focus on the Central Brooklyn market encompassing the Bedford-Stuyvesant, Crown Heights, Flatbush, Kensington and Midwood sections of Brooklyn, New York. His primary responsibilities include business generation, valuation, marketing and start-to-finish deal execution. Dan works closely with many different large portfolio owners and operators advising them on how best to strategically adjust to the changing landscape with Brooklyn real estate.In 2015 Dan was promoted to Senior Associate and in 2019 he was promoted to First Vice President of Investments as well as being named Director in the National Multi-Housing Group. He has won the annual Sales Recognition Award three times.

Prior to joining Marcus & Millichap, Dan ran an options trading desk at a proprietary trading firm in Chicago. He attended the University of Michigan where he majored in economics.

He is an avid traveler having visited nearly thirty different countries across four continents. Whether it is trekking through the Andes Mountains, watching a Thai boxing match, or kayaking around the ancient walls of Dubrovnik, Dan always finds unique ways to enjoy the lands and cultures of the world. In his spare time, Dan enjoys running, comedy and poker. He most notably completed three marathons, was featured on Aziz Ansari’s Netflix special “Right Now” and has played in the World Series of Poker.

Be sure to follow him on Instagram @dealblatt for his “Money Facts” and “Market Facts Mondays” segments where the former covers general finance and economics trivia and the latter pertains to commercial estate trends.

License: NY: 10301215921

Achievements

Sales Recognition Award: 2018, 2017, 2015

Dan’s Newsroom

Latest Podcast Episode

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Latest Articles

ArticleMarket Insights
October 29, 2024

The Economical Reason Why Banks Should Embrace Short Sales: Our Solution to Revitalize the Multifamily Market

The Problem In the past five years the New York City multifamily market has experienced tremendous fluctuations. The passing of HSTPA in June of 2019 was the starting point of a transformative marketplace.  COVID ushered in new regulations and record low interest rates. This was quickly replaced with rapid rates hikes causing valuations to drop precipitously. Minimal rental increases for rent stabilized properties combined with upwards pressure on costs have created a distressed situation for both borrowers and lenders. Cash flow constraints, depressed valuations, and rates doubling when loans roll…
ArticleMarket Insights
September 24, 2024

Bridging the Gap Between Buyers & Sellers: The Shifts in NYC Underwriting

Despite being in the commercial real estate business and not the residential market there is a surprising amount of emotion involved in my day to day. Many of the clients our team has represented in 2024 have been selling long-held family heirlooms disguised as rent stabilized apartment buildings. My goal is to clarify the underwriting norms for rent-regulated buildings in 2024, easing emotions and setting realistic expectations from the onset. How We Got Here New York is different than the rest of the country. Vacant buildings can often be more…
ArticleMarket Insights
July 9, 2024

2024 Sellers: How To’s & What’s Coming

My team and I often get asked: who are the buyers and sellers, and are deals actually getting done? Transactions are happening but there are more obstacles than ever before. Our team has taken on a record amount of new inventory and the pace seems to be increasing each month. The motivation behind new inventory is driven by maturing or rollover debt, sellers not seeing a path to profitability, inability to complete or pay for compliance mandates, and general management fatigue. Rent stabilized buildings aren’t selling themselves. The broker, as…

Latest Deals of The Week

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Dan’s Recent Closings on Traded