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650 10th Avenue

Yemeni Restaurant NYC Leases Retail Space At 650 10th Avenue In Hell's Kitchen
LEASEDRetail

Yemeni Restaurant NYC Leases Retail Space At 650 10th Avenue In Hell's Kitchen

650 10th Avenue

$120

$120/SF

Building Size

1,200 SF

Asset Type

Retail

Closing

Mar 8, 2026

AI

The retail asset located at 650 10th Avenue in the Hell's Kitchen market has a lease type of Single Net Lease. The asking rent for this property is set at $120 per square foot, while the total square footage of the property is 1,200 square feet.

Summary of transaction details:

Yemeni Restaurant NYC, known for its authentic Yemeni cuisine led by Chef Anwar, has successfully expanded from its original location on 125th Street to this new site in Hell’s Kitchen, facilitated by the team from Leviathan. The involvement of brokers Elie Cohen, Yaron Cohen, and Daniel Cohen highlights the collaborative effort in making this expansion possible.

Players

Yaron Cohen

Leviathan Capital

Broker

12 deals

Broker

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

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93