Dolce Med Spa Leases Retail Space At 124 East 36th Street In Murray Hill For $60/ft
124 East 36th Street
$60
$60/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Nov 25, 2025
AI
The property asset involved in this transaction is a retail space located at 124 East 36th Street in the Murray Hill market. The asking rent for this space is $60 per square foot, covering a total area of 1,500 square feet. This retail asset operates under a modified gross lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60/ft
- Square Footage: 1,500
- Address: 124 East 36th Street
- Market: Murray Hill
- Landlord: May Deng
- Tenant: Dolce Med Spa
- Brokers: Ben Biberaj - IPRG Retail Leasing
- Brokers: Joseph Sobolov - Investment Property Realty Group
- Brokers: Benjamin Namdar, David Green & Albert Salameh - KSR
- Lease Type: Modified Gross Lease
The key individuals involved in this lease transaction include landlord May Deng and tenant Dolce Med Spa. The brokers facilitating the deal consist of Ben Biberaj from IPRG Retail Leasing, Joseph Sobolov from Investment Property Realty Group, and Benjamin Namdar, David Green, and Albert Salameh from KSR.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93