Dr. Brian Chung Acquires Office On 311 E. 79th St. For $6.35M

The property in question is located at 311 E. 79th St. in the Upper East Side. It is an office space within the Continental Tower Condominium, consisting of three contiguous commercial condominium units on the 2nd floor. The designated medical offices have their own private entrance and elevator, situated on East 79th Street just off 2nd Avenue. The sale transaction took place on 06/16/2022, with a sale price of $6,350,000. The total square footage of the property is 5,494, resulting in a price per square foot of $1,155.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $6,350,000
• Date: 06/16/2022
• Address: 311 E. 79th St.
• Market: Upper East Side

The buyer of the property is Dr. Brian Chung, while the seller is James B. Ross. Representing the buyer is Clara Chung from Douglas Elliman, and representing the seller are Brett Weisblum and Seth Pollack from Cushman & Wakefield. It is worth noting that there is a strong medical tenant already in place, occupying all three units with renewal options.

If you have any inquiries or would like more information about the sale, you may contact Brett Weisblum at [email protected] or reach them at (212) 660-7784.