Musano family

Musano family portfolio

$10.5 million* – elevator 51%, walkup 48%; Manhattan 100%, Bronx 0%

2593th largest portfolio by dollar value

44,772 sqft – elevator 54%, walkup 45%;

3022th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2418th largest

70 residential units – Manhattan 100%, Bronx 0%

1790th largest by residential units

Company Activity past 24 months:

Borrower company: 1 for $5.7 million

Top Ten Associated Companies:

Penn South Capital (3), First Bank of Greenwich (2), Lycee Francais De New York (1)

Top Ten Associated People:

Parag Sawhney (3), Kevin S. O’Connell (1), Evan R. Corsello (1)

Recent activity as company:

Musano family borrowed $5.7 million from First Bank of Greenwich for 1729 1st Avenue, Yorkville, Manhattan on September 05, 2023.

Musano family borrowed $5.5 million from First Bank of Greenwich for 1503 Lexington Avenue and 1505 Lexington Avenue, Carnegie Hill, Manhattan on November 17, 2022.

Musano family sold 32 Cornelia Street, Greenwich Village, Manhattan for $8.5 million to Penn South Capital on March 09, 2022.

Musano family sold 76-78 Carmine Street, Greenwich Village, Manhattan for $8.5 million to Penn South Capital on March 09, 2022.

Musano family sold 135 West 24th Street, Chelsea, Manhattan for $9.9 million to Penn South Capital on March 09, 2022.

Musano family sold 1414 York Avenue, the Upper East Side, Manhattan for $18.1 million to Lycee Francais De New York on March 12, 2021.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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