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364 West 36th Street

Acutiy Capital Partners Leases Retail Space To Pink Chocolates In Midtown West For $90/ft
LEASEDRetail

Acutiy Capital Partners Leases Retail Space To Pink Chocolates In Midtown West For $90/ft

364 West 36th Street

$90

$90/SF

Building Size

1,000 SF

Asset Type

Retail

Closing

Feb 24, 2026

AI

The property involved in this transaction is located at 364 West 36th Street in Midtown West, categorized as retail space. The asking rent for the property is set at $90 per square foot, with a total square footage of 1,000. The lease term negotiated is for 10 years under a modified gross lease structure.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $90/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Acuity Capital Partners
  • Tenant: Pink Chocolates
  • Brokers: Ben Biberaj - IPRG Retail Leasing; Desi Avidane, Brandt Lewis & Russell Kolen - Investment Property Realty Group (IPRG)

The transaction involves key individuals, including Ben Biberaj representing IPRG Retail Leasing and Desi Avidane, Brandt Lewis, and Russell Kolen representing Investment Property Realty Group (IPRG). They facilitated the leasing agreement between the landlord, Acuity Capital Partners, and the tenant, Pink Chocolates, contributing their expertise to ensure a successful deal.

Players

Ben Biberaj

IPRG Retail Leasing

Broker

$26.2M

vol

194 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93