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Liberty Bagels Signs 15-Year Lease At 650 Broadway In Noho With Landlord Navnit Kumar

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LEASED
$130
Drew Weiss
Marc Frankel
+ 1

New York

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Mixed-use5,700 SF
Leased
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LEASED

Liberty Bagels Signs 15-Year Lease At 650 Broadway In Noho With Landlord Navnit Kumar

650 Broadway

See Similar Deals
Mixed-use5,700 SF
Leased
Drew Weiss
Marc Frankel
+ 1
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$130
Total Square Footage:5700 SF
Transaction Type:Lease

This mixed-use property, located at 650 Broadway in the Noho market, involves a lease agreement with an asking rent of $130 per square foot for a total area of 5,700 square feet. The lease term is set for 15 years, and it operates under a Modified Gross Lease structure. The landlord for this transaction is Navnit Kumar.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: $130/ft
  • Address: 650 Broadway
  • Market: Noho
  • Landlord: Navnit Kumar
  • Tenant: Liberty Bagels
  • Tenant's Representative: Jeremy Banilevi - Zelnik & Company
  • Brokers: Marc Frankel, Jeffrey Roseman & Drew Weiss - Newmark
  • Lease Term: 15 Years
  • Lease Type: Modified Gross Lease
  • Square Footage: 5,700

The individuals involved in this transaction include tenant's representative Jeremy Banilevi from Zelnik & Company, along with brokers Marc Frankel, Jeffrey Roseman, and Drew Weiss from Newmark. For more information regarding opportunities in NoHo, interested parties are encouraged to reach out directly to Jeremy Banilevi at [email protected].

Players

Marc Frankel
12 deals(212) 372-2240
BROKER

Jeffrey Roseman
Newmark
10 deals
BROKER


Jeremy Banilevi
Zelnik & Company
11 deals
BROKER

TENANT

Details

LEASED
IMAGE: Jeremy Banilevi DATE: 2/3/2026 ADDRESS: 650 Broadway MARKET: Noho ASSET TYPE: Mixed-use LANDLORD: Navnit Kumar TENANT: Liberty Bagels TENANT'S REP: Jeremy Banilevi (@JeremyBanilevi1101) - Zelnik & Company (@ZelnikCo) BROKERS: Marc Frankel, Jeffrey Roseman (@JeffreydRoseman) & Drew Weiss - Newmark (@Newmark) ASKING RENT: $130/ft ~ SF: 5,700 LEASE TERM: 15 Years LEASE TYPE: Modified Gross Lease NOTE FROM TENANT'S REP: Landlords or tenants interested in opportunities in NoHo can reach out directly for more information at [email protected]

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Deal Type
Effective Rent (Annual)

$849,473.46

Total Lease Value

$8,494,734.57

Net Landlord Cash Flow$849,473.46