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
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