Biyun Cai Buys D One Plaza (16,000 SF) in New York

Reported Oct 12, 2026 · Source: Flushing-Murray Hill, NY Patch

Source: Flushing-Murray Hill, NY PatchRead the full report at Flushing-Murray Hill, NY Patch ↗

Deal details

Buyer
Biyun Cai (per deed records)
Seller
Asia Plaza Corp.
Price
$9.6M
Size
About 16,000 SF
Price per SF
$600 per SF (our calculation)
Asset class
Retail
Transaction
Sale
Sub-market
Queens (incl. LIC, JFK)
Metro
New York (incl. Long Island & NJ)
Reported date
Oct 12, 2026

Summary

Asia Plaza Corp. sold 3610 Union St., also known as D One Plaza and 137-80 Northern Blvd., to Queens investor Biyun Cai, according to a deed recorded with New York City. A four-story commercial property on Northern Boulevard between Union Street and Prince Street sold for $9.6 million after restaurant tenants faced eviction lawsuits and closures. The roughly 16,000-square-foot property, which sits next to The One hotel, appeared vacant.

Summarized from the article; the quoted lines below are from the article itself.

Source: Flushing-Murray Hill, NY Patch

Read the full report at Flushing-Murray Hill, NY Patch. What the article says:

  • Deal / Seller / Buyer
    Asia Plaza Corp. sold 3610 Union St., also known as D One Plaza and 137-80 Northern Blvd., to Queens investor Biyun Cai, according to a deed recorded with New York City.
  • Deal
    Asia Plaza, a family-owned company led by Chief Executive Eugene Morimoto and Vice President Ohmi Morimoto, once promoted D One Plaza as a destination for dining and entertainment.
  • Price
    FLUSHING, QUEENS— A four-story commercial property on Northern Boulevard between Union Street and Prince Street sold for $9.6 million after restaurant tenants faced eviction lawsuits and closures.
  • Size
    The roughly 16,000-square-foot property, which sits next to The One hotel, appeared vacant.

Article date: 2026-10-12T18:33:40Z

Frequently asked questions

Who bought D One Plaza?
Biyun Cai bought D One Plaza in Queens, New York, according to Flushing-Murray Hill, NY Patch.
How much did D One Plaza sell for?
The reported price is $9.6M ($600 per SF, our calculation), per Flushing-Murray Hill, NY Patch.
Who sold D One Plaza?
The seller was Asia Plaza Corp, per Flushing-Murray Hill, NY Patch.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.