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Louis Zarif

Licensed Associate Real Estate Broker

(718) 475-4324
louis.zarif@marcusmillichap.com

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

Louis' Q&A

What is Your Favorite Movie?

White Men Can’t Jump

01

What is You Favorite Book?

Scar Tissue

02

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

1. The arbitrage between perceived value and actual value of properties

2. The opportunity to learn from the best brokers/buyers in the business

3. The reach to understand the nuances of every NYC market

03

Professional History

Louis Zarif is a seasoned Commercial Real Estate investment sales specialist, currently serving on the NYM Group at Marcus and Millichap. His primary focus lies in the sale of multifamily, mixed-use, and development site properties in Queens, where he has established himself as a proficient and trusted advisor.

With an impressive track record, Louis has personally sourced property valuations totaling $720,720,000 and successfully closed multifamily property deals amounting to $99,587,500 in Queens alone. His in-depth knowledge of the local market dynamics and his ability to navigate complex transactions make him a valuable asset to his clients.

Before joining Marcus and Millichap, Louis gained valuable experience working for several commercial real estate firms in Manhattan and Brooklyn. In these roles, he was responsible for underwriting a multitude of commercial multifamily property deals, honing his skills and expertise in the field.

Louis holds a degree from the Martin J. Whitman School of Management at Syracuse University, where he majored in both Finance and Real Estate. His commitment to the real estate industry extends beyond his professional endeavors, as he is also an active investor in Syracuse real estate, owning and operating six properties in the area.

Outside of his real estate pursuits, Louis enjoys indulging in his passions for traveling, snowboarding, and basketball. Born and raised in Brooklyn, he now resides in the West Village.

Louis’ Newsroom

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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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Louis’ Recent Closings on Traded