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Seth Glasser

Partner

212-430-5136
sglasser@mmreis.com

260 Madison Avenue, New York, NY 10016

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Seth's Q&A

What are the things you enjoy most about the brokerage business?

  • It’s a marathon and a sprint every day.
  • Having complete autonomy of your daily tasks, earnings, and personal life balance is very unique.
  • You can learn something new every day just by picking up the phone.

01

What is something most people don’t know about being a broker?

When you’re up all night worrying about a deal and wake up with a smile on your face you know you’ve made it over the hump.

02

What are some activities you wish you did more of?

Scuba diving and backpacking – basically any outdoor activity with people I love where there is no cell phone service.

03

Professional History

Seth Glasser is one of the top-producing multifamily agents in Marcus & Millichap’s Manhattan office. He spends the majority of his time selling the team’s exclusive listings Upper Manhattan and The Bronx. Seth’s most distinguished transactions include the sale of a 19 building, 300 unit portfolio in Harlem, a 100-foot wide elevator building on West 125th Street and a large elevator building near Yeshiva University just hours before a foreclosure auction. Other notable transactions include the shares of a C-Corporation on 107th Street, a development site on West 83rd Street, as well as a 12-story trophy asset on West 82nd Street. After a transaction is complete, many of Seth’s clients frequently ask him for guidance with completing a 1031 Exchange into another multifamily property or into single tenant net leased deals across the country.

Seth’s diversified experience in selling apartment buildings with HAP contracts, regulatory agreements, tax credits and SRO’s has enabled him to develop the skill-set necessary to navigate the constantly evolving New York City housing regulation system. He has successfully maximized value for his clients during uncertain economic times by sourcing capital from across the city, the nation, and overseas. Private individuals, institutional funds, syndicators, foreign investors, and non-profit organizations continue to look to Seth for guidance that leads to financially rewarding results. Since joining Marcus and Millichap in 2009, Seth has received Marcus & Millichap’s Rookie of the Year and Rising Star Awards as well as multiple sales recognition awards, including the firm’s National Achievement Award. He was honoured as one of Commercial Observer’s “30 Under 30” and has been quoted in The Real Deal, The New York Times, The Commercial Observer, and Real Estate Weekly.

Seth graduated with a dual degree in Economics and Finance from Muhlenberg College. Outside the office, Seth enjoys hiking and playing golf. He is involved in several charities and affiliations including WWF, ASPCA, YJP and AIPAC. He is originally from Long Island and currently resides in the Flatiron District.

Seth’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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