Recent Commercial Real Estate Transactions
Buyer: Ling Jiou Mountain Buddhist Society
Buyer’s Broker: Leslie Wang, Essential New York Real Estate
Seller: 219 East 60th Street Partners LP
Seller’s Brokers: Clint Olsen, Alex Woodlief and Will Conrad, Cushman & Wakefield
$144,012 approximate annual rent
243 West 30th Street (between Seventh and Eighth Avenues)
A digital video publisher has signed a three-year lease, with yearly rent increases of three percent,
for 3,300 square feet on the 11th floor of this 12-story 1925 Midtown South building.
219 East 60th Street (between Second and Third Avenues)
A Buddhist group has bought this vacant 5,200-square-foot, mixed-use, five-story building, with original woodwork, ceiling-height pocket doors
and open floor plan offices in the design district in Midtown East.
The video publisher is also a digital film distributor
and the owner of four over-the-top channels — Yuyu, Midnight Pulp, AsianCrush and Cocoro, which are available on multiple platforms and devices without having to go through services like Comcast, Spectrum or Netflix.
