uuid

dealPage_DealQuery

viewer

wrapper_Viewer

dealPage_dealHeaderViewer

dealPage_DealPassReasonViewer

dealPage_DealInquiryProviderViewer

dealPage_DealFooterForCustomDesignViewer

dealPage_DealBodyViewer

dealPage3_DealPage3Viewer

teaserDealPage_TeaserDealPage_Viewer

content

wrapper_Content

deal

type

dealName

dealHeadline

filesUrl

viewerIsEditor

dealEditUrl

files

dealPageType

landingPageContent

dealPage_dealOwnerHeader

dealPage_dealHeader

dealPage_dealBody

dealPage_dealMap

dealPage_dealPassReasonFooter

dealMeta_Deal

dealPage_DealHeaderForCustomDesign

dealPage_DealBodyForCustomDesign

dealPage_DealFooterForCustomDesign

dealPage_DealInquries

vdrTable_VdrTableDeal

dealPage3_DealPage3

teaserDealPage_TeaserDealPage

actor

canFavoriteDeals

demoUrl

dealPageUrl

dealTypes

highlightedEconomics

totalDealSizeMillions

addresses

economics

teaser

offeringMemo

user

galleryFiles

propertyTypes

riskProfiles

dealDescription

richDescription

shouldSpotlightDealUser

highlightedUsers

ownerCompanies

sponsorEquityMillions

financedPreferredEquityMillions

financedPreferredEquityFilled

financedPermanentLoanMillions

financedPermanentLoanFilled

financedMezzLoanMillions

financedMezzLoanFilled

financedLpjvEquityMillions

financedLpjvEquityFilled

financedLandLoanMillions

financedLandLoanFilled

financedConstructionLoanMillions

financedConstructionLoanFilled

financedCogpEquityMillions

financedCogpEquityFilled

financedBridgeLoanMillions

financedBridgeLoanFilled

sponsorEquityPercent

financedCogpEquityPercent

financedLpjvEquityPercent

financedPreferredEquityPercent

financedMezzLoanPercent

financedConstructionLoanPercent

financedBridgeLoanPercent

financedPermanentLoanPercent

financedLandLoanPercent

inquiries

company

viewerPassReasons

potentialPassReasons

pageDesign

visibility

thumbnailImage

publicImage

dashboardUrl

approvalWorkflow

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F4367ab73-1ff9-4889-bb13-eaa4a27c9967%2Fadff8bdf-1e12-48d1-8e99-a1743485299c" onerror="this.style.display='none'" alt="248 Elizabeth Street Image" style="object-fit: cover; width: 200px;" />
 Mixed Use / Multifamily 
 
 248 Elizabeth Street
 
 New York, NY 
 By Marcus &amp; Millichap

 <a href="/user/3bc4f58a-ce40-4af2-a8e0-257f11220824" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Joe Koicim</a>
 
 Executive Managing Director
 
 
 <a href="tel:(516) 425-2785" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(516) 425-2785</a>
 

 <a href="https://platform.reverecre.com/project/4367ab73-1ff9-4889-bb13-eaa4a27c9967" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Executive Managing Director

Senior Associate

Director of Transactions & Client Advisory

Immense retail upside – comps on the block consistently support over $350/SF

Deal Team

The New York Multifamily team is pleased to offer the following opportunity located in the booming NoLIta neighborhood. 248 Elizabeth Street is located on the East side of Elizabeth Street between Prince & East Houston Streets. The property boasts a gross square footage of 7,500, is zoned C6-2 / R8, and is built 24 ft x 59 ft on a 24.25 ft x 81.67 ft lot (Block: 507; Lot: 12)

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.

Overview

Investment Highlights

Photo Gallery

Deal Team

Inquire