40 Under 40: Niko Nicolaou
Since joining Gebroe-Hammer Associates in 2009, Niko Nicolaou’s name has become synonymous with the surging volume of multi-family transactions in the lower reaches of the Hudson River Region – New Jersey’s Hudson County, which is one of the smallest yet most-densely-populated land areas in the nation. As a result, he has become the go-to broker-of-choice in this leading multi-family investment submarket where he represents a wide spectrum of property owners and investors – from institutional entities and private equity funds to family offices and private individuals.
During the timeframe of 2016 through YTD 2019, Nicolaou has orchestrated more than 72 deals encompassing 6,015 units valued in excess of $1.23B. Over the course of the past 36 months – along the 19-mile stretch of Hudson County alone – he has arranged 26+ multi-family deals totaling $612,481,665 and 2,887 units. These latest sales highlights involve orchestrating the $75M trade of 487 units spanning Hudson (Union City) and Bergen (Lodi and Bergenfield) counties; the $16.29M sale of 106 units in emerging Jersey City and Union City neighborhoods; and the trade of 75 total units throughout Union City sold for $15.75M.