New York restaurant markets $350 steak 17 (UPI) -- A New York steakhouse said it is offering a 12-ounce cut of real Japanese Kobe beef, which just recently became available in the United States, for $350. Marc Sherry, co-owner of the Old Homestead steakhouse in the Meatpacking District, said many customers have already paid the hefty sum -- with some offering several times the price -- to reserve a steak, the New York Post reported Monday. "We have a waiting list of people who want to have this beef," Sherry said. "It's the most delicate, decadent beef in the world," he said. It's like having July 4th in your mouth -- there is an explosion of flavors.