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367 West 36th Street

Gorjian Real Estate Group Leases Retail Space To Dong Bei Asian Fusion In Hudson Yards
LEASEDRetail

Gorjian Real Estate Group Leases Retail Space To Dong Bei Asian Fusion In Hudson Yards

367 West 36th Street

$180

$180/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Apr 16, 2025

AI

The property involved in this transaction is a retail space located at 367 West 36th Street in the Hudson Yards market. The asset has a square footage of 1,200 and the asking rent is set at $180 per square foot. The lease type for this transaction is a Retail Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $180/ft
  • Address: 367 West 36th Street
  • Market: Hudson Yards
  • Square Footage: 1,200
  • Lease Type: Retail Lease
  • Landlord: Gorjian Real Estate Group
  • Tenant: Dong Bei Asian Fusion
  • Brokers: Benjamin Namdar & Aaron Aziz - ARA

The transaction features Benjamin Namdar and Aaron Aziz, who represented the landlord, Gorjian Real Estate Group, as the brokers in this lease deal. The tenant involved is Dong Bei Asian Fusion.

Players

Aaron Aziz

ARA

Broker

47 deals

Broker
GG
Gorjian Real Estate GroupLandlord

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

88127.78%

Cash-on-Cash

-25187.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93