Marcus & Millichap

Wook Chung

Overview

Wook Chung specializes in the sale of industrial, office, and development properties throughout Queens, New York. He leads Marcus & Millichap’s National Office & Industrial Properties Group (NOIPG) and National Land Group (NLG) in terms of activity and deals closed in his marketplace.

Notable recent transactions include two package sales of industrial value-add properties in Long Island City, one located at 2-23 Borden Ave. & 2-24 51st Ave. for $10,170,000 ($713 per SF) and another located at 36-22 14th St, 36-32 & 36-22 21 St for $13,000,000 ($897 per SF), both sold at record numbers. By focusing solely on Queens industrial, office, and development transactions, Wook and his team are able to analytically underwrite and efficiently run the marketing process within their specialty to achieve the best results for clients.

Wook's experience in commercial real estate extends over a decade as a real estate broker and an investor. Prior to a profession in real estate brokerage, he was an Investment Analyst at Lehman Brothers and TIAA-CREF. He graduated from SUNY at Buffalo with a bachelor's degree in Business Finance.

Manhattan
Wook Chung

Wook Chung

Broker
Tel: (212) 430-5151
Fax: (212) 430-5110

License:  NY  30CH0983621
License:  NY  10311204206

- National Office and Industrial Properties Group
- Net Leased Properties Group

Promoted in June, 2016

SUNY at Buffalo, Business Finance

National Achievement Award - 2016
Sales Recognition Award - 2016, 2015, 2014
Marcus & Millichap Manhattan Office Shooting Star Award - 2014

Specialty



National Office & Industrial Properties Group
National Land Group

Our Team

Wook Chung, Scott Tierney, Faisal Gilani

Team Members:

  • Faisal Gilani
    Associate
    (212) 430-5100
  • Carrie Kim
    Marketing Coordinator
    (212) 430-5100

Transactions Closed

  • 2924 40th Avenue

    2924 40th Avenue

    Land - Industrial

    Long Island City, NY
    Price: $11,000,000

  • 2-23 Borden Avenue & 2-24 51st Avenue

    2-23 Borden Avenue & 2-24 51st Avenue

    Land - Industrial

    Long Island City, NY
    Price: $10,170,000
    Size: 10,215 sqft

  • 3714 34th Street

    3714 34th Street

    Land - Industrial

    Long Island City, NY
    Price: $9,700,000

  • 36-22 14th Street

    36-22 14th Street

    Land - Industrial

    Long Island City, NY
    Price: $8,900,000
    Size: 22,500 sqft

  • 1102 37th Avenue

    1102 37th Avenue

    Land - Office

    Long Island City, NY
    Price: $8,100,000

  • 2916 40th Avenue

    2916 40th Avenue

    Land - Industrial

    Long Island City, NY
    Price: $7,080,000

  • 9-11 40th Avenue

    9-11 40th Avenue

    Land - Industrial

    Long Island City, NY
    Price: $4,100,000
    Size: 10,000 sqft

  • 21 St. LIC Retail Opportunity

    21 St. LIC Retail Opportunity

    Land - Retail

    Long Island City, NY
    Price: $4,069,000
    Size: 9,350 sqft

  • 37-10 11th Street

    37-10 11th Street

    Land - Mixed-Use

    Long Island City, NY
    Price: $1,700,000

  • 3714 & 3716 28th Street

    3714 & 3716 28th Street

    Land - Mixed-Use

    Long Island City, NY
    Price: $1,300,000
    Size: 3,957 sqft

  • 604 East 9th Street

    604 East 9th Street

    Multifamily

    New York, NY
    Price: $6,325,000
    Size: 9,275 sqft
    Size: 20 units
    Cap Rate: 3.48%

  • Pep Boys

    Pep Boys

    Net Leased Auto Service - Gas/Conv.

    Kissimmee, FL
    Price: $4,500,000
    Size: 22,512 sqft
    Cap Rate: 6.44%

  • Goodyear Tire and Service Center

    Goodyear Tire and Service Center

    Net Leased Auto Parts

    Riverview, FL
    Price: $2,885,000
    Size: 6,600 sqft
    Cap Rate: 7.00%