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Mark Zarrella

Licensed Real Estate Salesperson

718-475-4376
mark.zarrella@marcusmillichap.com

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

Mark's Q&A

What is Your Favorite Movie?

A Guide to Recognizing Your Saints

01

What is You Favorite Book?

Other People’s Money

02

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

The unlimited upside and proximity to information, resources and deal flow.

03

Professional History

Mark Zarrella is a First Vice President at Marcus & Millichap where he maintains a sharp focus across multifamily and mixed-use advisory and sales services for his clients.

Since joining the firm in 2013, Mark has driven over $500,000,000 worth of transactions earning him a number of accolades including the company’s ‘sales recognition award’. He has been the guest of real estate forums covering both macro and micro and has been featured in The New York Times, The Real Deal and Real Estate Weekly.

A few of his headlining assignments include the sale of a 5-building, 357-unit elevator portfolio throughout South Brooklyn for $112,000,000, the disposition of 70 units shared among two multi-generational, predominantly rent-regulated elevator buildings within a block from the West entrance to Prospect Park in Park Slope, and a package of 5 mixed-use buildings across Boerum Hill, Park Slope and Prospect Heights challenged by high vacancy and a sub-20% collection rate sold largely on projection during Spring 2020.

Following his bachelor’s degree from the University of Maryland, Mark attended NYU’s Stern School of Business where he completed additional course work involving private equity, financial modeling and investment real estate.

Outside of his professional work, Mark stays actively involved in several charities and city-based initiatives through donation and various other means of support made possible by their hosts including: The New York Foundling, HSUS and the American Cancer Society.

Well-known as a people enthusiast, Mark recently started exploring his newfound passion of officiating weddings and carries a license to do so as a minister of the ULC. He has had an office or home in four or the five NYC boroughs, and currently resides in TriBeca, Manhattan.

Mark’s Newsroom

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Latest Articles

ArticleMarket Insights
September 22, 2025

NYC Multifamily Pricing Today

NYC Multifamily Pricing Today: What’s Up, What’s Down, And What’s Unchanged The multifamily market has been all over the place, with eye popping trades on both ends of the spectrum – some trades for $1,000 a foot, and some trades for $50/foot! Let’s dive in to see what assets are thriving, what’s struggling and what’s holding their own. 100% Free Market Free market rents continue to go up and that likely continues under the next administration. Equity groups that previously purchased buildings with a rent stabilized component are now all…
ArticleMarket Insights
June 27, 2025

It Ain’t Over Til It’s Over

Zohran Mamdani has not been elected Mayor of New York City. He scored a decisive victory - but this was just a primary, not the general election. Anyone right of socialist or communist ideology should take a breath — and take note. According to Polymarket, just two months before the election, Mamdani had a 4.0% chance of winning. Kudos to him for running a well-organized campaign. The compliments stop there. Plenty of Time Until November Mamdani pulled this off in two months. We have four to make sure he doesn’t…
ArticleMarket Insights
May 1, 2025

The Unspoken Cost of HSTPA: How a Tenant Protection Law Wiped Out $50 Billion in Working-Class Equity

A 2019 housing law wiped out billions in wealth-building opportunities for New York’s rent-stabilized tenants — and no one is talking about it. On June 14, 2019, state lawmakers unintentionally wiped out $50 billion in wealth-building opportunity for the very people they claimed to protect. New York City has roughly 3 million apartments, fairly evenly divided among rent-regulated units, free market rentals, and condo/co-ops. Protecting the city’s poorest residents is noble — but when legislation is driven by ideology instead of logic, the consequences can be devastating. The Bad Apples…

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