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    1 Ferry St Schuylerville, NY 12871

    Sponsored
    For Lease
    $6,900 /Mo ($0.54 SF/Yr)

    COMMERCIAL - Other - Schuylerville, NY

    Lot size:
    3.52 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 21 at 7:06 pm

    Property Features for 1 Ferry St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Mixed
    APN
    415001 157.73-1-1
    Parking
    60
    Parking features
    Off Street
    Patio and Porch features
    Patio, Deck
    Interior features
    High Speed Internet, Paddle Fan, Wet Bar
    Exterior features
    Gas Grill, Lighting, Outdoor Bar, Outdoor Kitchen
    Accessibility
    Accessible Approach with Ramp
    Lot size
    3.52 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Window Unit(s)
    Water source
    Public
    Water front features
    River Front
    Water front
    1

    Building Details

    Year built
    1945
    Floors in Building
    2
    Flooring type
    Vinyl, Tile - Ceramic
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Outdoor Kitchen

    We can help!

    Listing Contact
    Elizabeth Page

    KW Platform (518) 724-5800 [email protected]

    Listing agent Elizabeth Page (518) 573-1112 License #10401333541

    Listing date Jan 17, 2026

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Restaurant Leasing Opportunity

    This is a rare opportunity to lease a turnkey, well-established waterfront restaurant located at the Schuyler Yacht Basin, Marina, and Cabin Resort on the historic Hudson River. The Basin Grill operates as a fresh seafood bar and grill with an informal steakhouse and diner-style concept, offering seafood, salads, sandwiches, prime rib, comfort foods, and draft beers. The restaurant features both indoor and outdoor dining and bar areas, including a scenic outdoor deck with ample seating, Adirondack chairs, fire pits, tiki torches, and a tiki bar, creating a relaxed and inviting waterfront atmosphere. The layout is well suited for casual dining, strong seasonal traffic, and special events. The landlord has successfully operated the restaurant for the past eight seasons and is now shifting focus toward the expansion and development of campground operations on the property. This creates a true turnkey leasing opportunity for an experienced operator to step into a proven destination while benefiting from marina traffic, scenic river views, and increased activity generated by the expanding campground. Additional upside includes potential for upstairs apartment rentals. The property is located in Schuylerville, NY, in Saratoga County. The lot size is 3.52 acres. There may also be an opportunity for a buyer to purchase real estate within the larger parcel, subject to terms and availability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Basin Grill American Restaurant Guenther Process Services Services Schuyler Yacht Basin Campground SKYCHARGER Charging Station Electric Vehicle Charging Station

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schuylerville
    County
    Saratoga
    State
    New York
    Longitude
    -73.576788
    Latitude
    43.098

    Nearby Similar for Lease

    • $900 /Mo

      Commercial Space For Rent

      1200 Sq Ft commercial space suited for office or retail.
      122 Broad St, Schuylerville, NY 12871
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    • $700 /Mo
      2,628 SF

      Schuylerville Retail Space Available

      Commercial space for rent in Schuylerville, NY.
      123 Broad St, Schuylerville, NY 12871
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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant with indoor/outdoor dining at Schuyler Yacht Basin.
    Where is this restaurant located?
    The property is located at 1 Ferry St Schuylerville, NY.
    What is the lease rate?
    The lease rate is $0.54 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey, well-established waterfront restaurant with proven operating history.; - Located at a high-traffic marina and cabin resort on the Hudson River.; - Indoor and outdoor dining/bar areas, including a scenic deck with waterfront views.
    (518) 573-1112
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Ferry St Schuylerville, NY 12871
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    We can help!
    Listing Contact
    Elizabeth Page
    Real Estate License ID: 10401333541
    (518) 573-1112
    Learn more
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