Jamill Jones of Kernersville was charged Thursday morning with misdemeanor assault, NBC New York reported.
The two men got into a confrontation early Sunday in the borough of Queens, and Jones allegedly struck Szabo in the face, according to the New York Police Department.
He died in an area hospital on Tuesday.
The man exited a white SUV and punched Szabo, leaving him bleeding on the ground, police said.
"We have just been made aware of this matter and we are gathering information", a Wake Forest spokesman said Thursday evening in a statement to the Raleigh News & Observer. He was released on his own recognizance and will return to court on October 2. His family says he was visiting NY from Boca Raton for a wedding.
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"It's an unfortunate and tragic incident", Jones' attorney, Alain Massena, told ESPN.
His family said the marketing professional was leaving the hotel where his brother was staying and called for a auto to go back to his own hotel.
Jones, a Philadelphia native, joined the Demon Deacons staff in May 2017 after coaching at Central Florida, Virginia Commonwealth and Florida Gulf Coast and playing at Arkansas Tech and North Platte Community College in Nebraska.
Szabo, also 35, was "super outgoing, friendly, and an incredibly smart businessman", said his company, at What If Media Group, based in Fort Lee, New Jersey.
"He was always upbeat, positive, kind and caring", the post continued.
"We're going to say one thing and that's all".