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Michael Fusco

Licensed Real Estate Salesperson

212-430-5281
michael.fusco@mmreis.com

260 Madison Avenue 5th Floor, New York, NY 10016

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Professional History

Michael Fusco’s career in real estate began while in college, working with The Bonanno Real Estate Group of Teaneck, New Jersey, his grandfather’s company. He was responsible for daily operations along with frequent site visits across the company’s one million square feet of industrial holdings.

Here at Marcus & Millichap, Michael’s main focus is working on multifamily and mixed use assets throughout New York City’s Bronx market. He and the New York Multifamily team provide clients with the highest quality of brokerage through local market expertise, and industry-leading research market trends. As an exclusive listing agent, he works with clients using Marcus & Millichap’s national platform to deliver the highest price through a competitive bidding environment and the quickest probability to close by leveraging existing qualified buyer relationships.

Michael gained an unwavering passion for commercial real estate at a young age from his early experience with the family business, and the exposure to owning and operating a variety of assets. Being born in Wayne, New Jersey, Michael has always been in close proximity to the New York real estate market. He attended West Virginia University where he graduated with a Bachelor’s Degree in Business Administration. When not in the field, Michael can be found with his family and friends, watching sports, or in the gym.

Michael’s Newsroom

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Latest Articles

ArticleMarket Insights
April 8, 2024

Sell Now or Wait? Things To Consider Before Deciding

People decide to sell real estate to solve a problem, capitalize on an opportunity, or realize a profit.  Management fatigue is also motivating people to transact. Our team receives countless requests for opinions of value and often the client says, “I can’t sell at that price.” What I’ve noticed is that the people who are contemplating selling are looking for a mathematical reason why it makes sense. The math doesn’t look great, but that doesn’t mean you shouldn’t sell. We continue to sell rent stabilized buildings at negative leverage on…
ArticleMarket Insights
February 8, 2024

Step By Step Process: How I Executed My 1031 Exchange

Listen to an audio narration of this article I’ve been helping clients sell apartment buildings and buy triple net leases for almost 15 years. In almost every scenario the client is initially hesitant to get into something new. After all, the devil you know is better than the devil you don’t. With the challenges facing property owners in New York, this sentiment has started to shift. Private clients are starting to look for the exit ramp but don’t know exactly where to go or how to get there.  I wrote…
ArticleMarket Insights
January 10, 2024

How To Prioritize Expiring Debt

Multifamily operators today are finding themselves playing defense more than offense. They wake up each morning thinking about which fire to put out first rather than how to grow their business. A rising market allowed mistakes to go unnoticed or erased with a refinance or a sale. As Warren Buffett said: it’s only when the tide goes out that you learn who has been swimming naked. This article offers a roadmap of how to prioritize the important items related to expiring debt today. Until the laws change to allow rent…

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