I prefer HY Lounge over to the Persian shisha bars across the street. They make decent cocktails and don't pack people like sardines. The bartender is very friendly and knows his way around the bar.
If I remember correctly, shisha is around $14 and cocktails/martinis range from $5.50 to $7.50. On Fridays they have a rum and coke special for $3.99.
They have a very limited menu for finger foods e.g. taquitos and mozzarella balls but since they don't have a kitchen, it comes right from the bar (possibly microwaved). For that reason, I don't recommend the food at all.
Verdict:
The place is sort of run-down but unfortunately, it is one of the only places in the area that is dedicated to serving good drink.