Brick Bar & Pub with
For Sale
$495,000
327 Broadway, Menands, NY 12204
Commercial Sale, Menands, NY
Property Size1,876 SF
Lot Size0.06 Acres
Price / SF$263.86
Days on Market131
Property Features for 327 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
50
Parking features
On Street, Off Street
Security features
Security
Patio and Porch features
Deck
Interior features
Paddle Fan, Wet Bar, Wired for Sound
Exterior features
Lighting
Basement
Unfinished, Interior Entry, Full
Lot features
Road Frontage, Level
Elementary school district
Menands
Middle school district
Menands
High school district
Menands
Directions
RT 32 (Broadway) across from Menand Road in Menands
Standard status
Active
APN
012603 55.6-2-11
Size
1,876 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
5440
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
pool table
dart board
Building Details
Year built
1955
Floors in Building
1
Flooring type
Hardwood
Building materials
Brick
Roof type
Rubber, Flat
Listing Agency:
DiBlasi Real Estate
Listed By:
John S DiBlasi · License #10491211230
(518) 857-1505
Added: Apr 30
Changed: Aug 27
Last Checked: Sep 7 at 1:06PM
MLS# 202616152
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.
Investment Insights
Based on property information with market context.
This 1,876-square-foot bar and pub occupies a brick building constructed in 1955 on a 0.06-acre site. The interior accommodates up to 90 people, including 35 dining seats, and includes a wet bar, hardwood flooring, central air, a pool table, and a dart board. A separate deck adds seating for 40 guests.
The property offers both on-street and off-street parking, public water, and public sewer. Additional features include sound wiring, paddle fans, lighting, a flat rubber roof, and natural-gas hot-water heating. The sale encompasses the real estate and operating business, with 2 new fryers, a new pizza oven, and new barstools identified for 2026.
The property offers both on-street and off-street parking, public water, and public sewer. Additional features include sound wiring, paddle fans, lighting, a flat rubber roof, and natural-gas hot-water heating. The sale encompasses the real estate and operating business, with 2 new fryers, a new pizza oven, and new barstools identified for 2026.
Key Highlights
- 1,876‑square‑foot bar and pub on a 0.06‑acre site
- Interior capacity for 90 people, including 35 dining seats
- Deck provides seating for 40 guests
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,992
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,840
$519.8K
Cap Rate 7%
$371,314
$371.3K
Cap Rate 9%
$288,800
$288.8K
Market Conditions
NOI Build-Up for 1,876 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.1K $19.80/SF
− Vacancy
−$2.5K −$1.33/SF
EGI
$34.7K $18.47/SF
− OpEx
−$8.7K −$4.62/SF
NOI
$26.0K $13.86/SF
Area
Albany, NY
Vacancy
6.70%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$519,840
Cap Rate 7%
$371,314
Cap Rate 9%
$288,800
Alternative Uses
Best Use
Specialty Retail
$371.3K
$324.9K – $433.2K
NOI $25,992 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.9K
$433.1K – $577.4K
NOI $34,646 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 72%
Shops & Services 28%
True Value Hardware
Home Improvements & Furnishings
904 visits/mo
0.2 miles
McCarthy Tire Service
Shops & Services
347 visits/mo
0.3 miles
Demographics for 12204, NY
7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kris’ Mid City Tavern — 327 Broadway, Menands, NY 12204
Frequently Asked Questions
What type of property is this?
Bar & Pub - Sale includes the operating business and the underlying commercial property.
Where is this bar & pub located?
The property is located at 327 Broadway Menands, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,876‑square‑foot bar and pub on a 0.06‑acre site; Interior capacity for 90 people, including 35 dining seats; Deck provides seating for 40 guests
