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Joe Koicim

Partner

(212) 430-5147
jkoicim@mmreis.com

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

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Joe's Q&A

What is Your Favorite Movie?

Rounders

01

What is You Favorite Book?

Open: An Autobiography by Andre Agassi

02

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

Mentoring & hanging with the younger brokers on the team. I enjoy the camaraderie amongst all team members. Everyday is different. Meeting new people. Creating new relationships with clients which lead to more business opportunities.

03

Professional History

Joe Koicim is a top-producing investments sales broker in the Manhattan Marcus & Millichap office, specializing in the sale of multifamily and mixed-use assets. As Executive Managing Director of Marcus & Millichap’s National Multi Housing Group, co-leading the New York Multifamily group Joe focuses on bringing new capital and investment into both established and emerging New York City submarkets. Joe and his team consistently sell approximately 100 buildings annually and he has personally been responsible for over $5 billion dollars of sales in his career. Since starting his career in 2004, private investors, institutional funds, foreign entities, and nonprofit organizations consistently seek Joe’s high-level of expertise to provide them with access to lucrative buying and selling opportunities.

Joe is held in the highest esteem as a true leader in the New York City investment sales world, considered the most active broker in the multifamily marketplace. 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. He is the Chair of the UJA Real Estate Executives (REX) organization, a founding member of YJP Real Estate and an active member of the Community Housing Improvement Program (CHIP). Joe is an avid golfer and tennis player. He resides on the Upper East Side with his wife and three children.

A true entrepreneur and innovator, Joe earned a Bachelor of Science in Finance from the University of Maryland’s Robert H. Smith School of Business.

KEY ACCOMPLISHMENTS

Chairman’s Circle of Excellence (CCOE): 2017 & 2019
Chairman’s Club (CC): 2019, 2018, 2017, 2016, 2015, 2014
National Achievement Award: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011
Sales Recognition Award: 2019, 2018, 2017, 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
Named Real Estate Forum Top Broker NY
PROFESSIONAL AFFILIATIONS

UJA – REX Chair
YJP Real Estate – Executive Committee
CHIP Member
UMD Alumni NY Association Member
AIPAC Member

Joe has achieved several nicknames over the years based off his stellar reputation amongst his clients and his successful transactional track record – “1 CAP JOEY” and “JOEY DEALS” are two that have really stood out.

Joe’s Newsroom

Latest Podcast Episode

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Latest Articles

ArticleBlog PostMarket Insights
September 11, 2023

3 Events That Will Change the Multifamily Market

We are entering the fourth quarter of 2023 with investment sales velocity down 50% over the same period last year. Valuations are down and owners have been slow to divest their assets. Rates have soared in the past 18 months to unsustainable levels so much so that Signature Bank, one of the premier lenders, went belly-up. Low sales velocity is not sustainable and it’s reaching its tipping point. There are three events that are converging on the multifamily market, seemingly all at once, which will shape the market for years…
Blog PostMarket Insights
August 14, 2023

10 Ways To Be A Successful Multifamily Seller

In today’s market we have two types of sellers: proactive and reactive. Or as the results would indicate: successful and unsuccessful. Market dynamics change and as a result what is required of you as a seller will also change. Here are 10 pieces of advice for sellers to set yourself up for a successful transaction. 1. Know your numbers and set goals You would be shocked how many owners don’t know how much income they earn from their property. Whenever I meet with a client about selling, I ask them:…
Blog PostMarket Insights
July 13, 2023

Extend and Pretend: A Glimmer of Hope

In real estate, there exists a strategy known as extend and pretend. It refers to a practice where loans are extended and losses are deferred, all to maintain the façade of stability and prosperity. However, this once popular and seemingly effective approach is now standing on the precipice of collapse. The cracks in its foundation are becoming increasingly apparent, and the consequences of it loom ominously overhead. Nowhere is this truer than in the New York City multifamily marketplace. Four years ago, the business included 3 caps, cheap debt, generous…

Latest Deals of The Week

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Joe’s Recent Closings on Traded