Real Estate
Former Flushing Chinese Restaurant Hub Sells For Millions
A once-busy Flushing dining destination has changed hands after a string of restaurant closures.
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.
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.
The roughly 16,000-square-foot property, which sits next to The One hotel, appeared vacant.
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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.
Restaurants occupied multiple floors of the building, which attracted diners to Flushing’s Chinatown.
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Among its former tenants, Rich Lucky served hot pot and elaborate seafood spreads beneath a colorful, dragon-themed ceiling.
But a dispute over unpaid rent eventually led to the restaurant’s eviction.
Asia Plaza sued Rich Lucky after the restaurant allegedly stopped paying rent in December 2021.
The landlord sought to recover $390,000 in unpaid rent and evict the business, according to court filings.
Rich Lucky argued that the pandemic had made it difficult to retain employees.
A flood also destroyed some of its perishable inventory, the restaurant stated in court filings.
The restaurant filed for bankruptcy protection three times in attempts to delay its eviction.
State Supreme Court Justice Melissa DeBerry ultimately ruled in Asia Plaza’s favor, and the landlord evicted Rich Lucky in November 2025, court records show.
Another tenant, Fantastic Beasts, also faced a lawsuit over months of unpaid rent.
Asia Plaza evicted the business in July, according to court records.
The new owner’s plans for the property remain unclear, with no confirmed redevelopment or future use announced.
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