Acquisitions Associate

Key Responsibilities Deal Sourcing & Market Coverage Build and maintain strong relationships with NYC multifamily brokers, owners, and operators Generate both on- and off-market acquisition opportunities across Manhattan, Brooklyn, and Queens Develop and manage a robust pipeline of actionable deals Maintain real-time market intelligence on pricing, trends, zoning, and regulatory considerations specific to NYC multifamily Underwriting & Investment Analysis Perform detailed financial underwriting of multifamily assets, including: Rent rolls and lease analysis Free-market vs. regulated unit evaluation Renovation and repositioning assumptions IRR, equity multiple, and sensitivity analysis Analyze co-living feasibility within existing multifamily buildings Prepare comprehensive investment memoranda for internal approval Evaluate zoning, DOB considerations, and conversion potential where applicable Transaction Execution Support and help lead due diligence processes, including: Third-party reports (engineering, environmental, appraisal) Lease audits and regulatory review Legal and financing coordination Work closely with legal counsel, lenders, architects, and internal stakeholders Facilitate smooth transition to development/project management teams post-closing Qualifications 2-5 years of experience in NYC multifamily acquisitions, development, or investment sales Deep understanding of the New York City multifamily market, including: free-market vs. rent-stabilized dynamics, local zoning and regulatory framework, and borough-level submarket trends Strong financial modeling and underwriting skills (Excel proficiency required) Experience underwriting small- to mid-sized multifamily assets preferred Highly entrepreneurial, proactive, and comfortable operating in a fast-paced environment Bachelor's degree required (Real Estate, Finance, or related field preferred)