Musano family

109 Spencer Place Mamaroneck, NY 10543

People:

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Musano family NYC portfolio

$19.4 million* – walkup 60%, elevator 39%; Manhattan 100%, Bronx 0%

3178th largest portfolio by dollar value

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

3114th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2542th largest

70 residential units – Manhattan 100%, Bronx 0%

1882th largest by residential units

Company Activity past 24 months:

Seller company: 1 for $9.6 million

Borrower company: 1 for $5.7 million

Top Ten Associated People:

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

Recent activity as company:

• Musano family, Paul Galinson and Richard Kaplowitz sold 315 East 95th Street, Yorkville, Manhattan for $9.6 million to Troy Realty Capital on March 17, 2025.

• 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 a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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