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Mark Zarrella

Licensed Real Estate Salesperson


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

Mark's Q&A

What is Your Favorite Movie?

A Guide to Recognizing Your Saints


What is You Favorite Book?

Other People’s Money


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.


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
April 8, 2024

Sell Now or Wait? Things To Consider Before Deciding

People decide to sell real estate to solve a problem, capitalize on an opportunity, or realize a profit.  Management fatigue is also motivating people to transact. Our team receives countless requests for opinions of value and often the client says, “I can’t sell at that price.” What I’ve noticed is that the people who are contemplating selling are looking for a mathematical reason why it makes sense. The math doesn’t look great, but that doesn’t mean you shouldn’t sell. We continue to sell rent stabilized buildings at negative leverage on…
ArticleMarket Insights
February 8, 2024

Step By Step Process: How I Executed My 1031 Exchange

Listen to an audio narration of this article I’ve been helping clients sell apartment buildings and buy triple net leases for almost 15 years. In almost every scenario the client is initially hesitant to get into something new. After all, the devil you know is better than the devil you don’t. With the challenges facing property owners in New York, this sentiment has started to shift. Private clients are starting to look for the exit ramp but don’t know exactly where to go or how to get there.  I wrote…
ArticleMarket Insights
January 10, 2024

How To Prioritize Expiring Debt

Multifamily operators today are finding themselves playing defense more than offense. They wake up each morning thinking about which fire to put out first rather than how to grow their business. A rising market allowed mistakes to go unnoticed or erased with a refinance or a sale. As Warren Buffett said: it’s only when the tide goes out that you learn who has been swimming naked. This article offers a roadmap of how to prioritize the important items related to expiring debt today. Until the laws change to allow rent…

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