Rod Feldman Leases Retail Space At 417 West 50th Street To Shinzo Omakase For $90/ft
417 West 50th Street
$90
$90/SF
Building Size
1,900 SF
Asset Type
Retail
Closing
Feb 5, 2026
About this deal
AI
This retail asset is located at 417 West 50th Street in Hell's Kitchen. The lease type is a retail lease, with an asking rent of $90 per square foot for a total square footage of 1,900.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Address: 417 West 50th Street
- Market: Hell's Kitchen
- Landlord: Rod Feldman
- Tenant: Shinzo Omakase
- Brokers: David Green & Benjamin Namdar - KSR
- Lease Type: Retail Lease
The transaction involved landlord Rod Feldman and tenant Shinzo Omakase, with representation from brokers David Green and Benjamin Namdar of KSR, facilitating the lease deal. This marks another addition to the vibrant retail landscape within the Hell's Kitchen market.
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
176255.56%
Cash-on-Cash
-50374.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93