Commercial Property in the
76 Route 214 Phoenicia, NY 12464
76 Route 214, Phoenicia, NY, 12464
$629,999
For Sale
$629,999
COMMERCIAL - Phoenicia, NY
Property Size3,800 SF
Lot Size0.47 Acres
Price / SF$165.79
Days on Market1345
Property Features for 76 Route 214
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 421 com rest
- Appliances
- Water Heater, Washer/Dryer Stacked
- Standard status
- Active
- APN
- 5000-014.013-0001-071.000-0000
- Size
- 3,800 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Description
- 71,1,76 Route 214
- Tax Annual Amount
- 6086
Utilities
- Sewer type
- Septic Tank
- Heating system
- Radiant, Steam, Oil, Propane (Heating)
- Cooling system
- Central Air
- Water front features
- Creek
- Water front
- 1
Building Details
- Year built
- 1937
- Flooring type
- Hardwood, Concrete
- Building materials
- Frame
- Additional Structures
- Second Garage
Listing agency
Win Morrison Realty-K
(845) 339-9999
Listed by
Kathy Ann Shumway · License #10301223076
(845) 901-6555
Added: Nov 15, 2022 Updated: Jun 10 at 12:37PM Checked: Jul 22 at 6:06PM
MLS# 20223612
Copyright © 2026 Hudson Valley Catskill Region MLS. 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 commercial property is located in Phoenicia, NY, in the heart of the Catskills. The property features a prime restaurant space, currently operating as Tavern 214, and includes all equipment. The restaurant area offers 1,000 square feet of dining space with an updated bar, plus an additional 1,000 square feet of flexible floor space. Outdoor dining is available on the expansive covered porch. The property also includes an upstairs area suitable for conversion into a bed and breakfast, featuring four large rooms and additional space for renovation. The property has a commercial kitchen, loading area, concrete block garage, and a full basement. The garage is currently rented. The lot size is 0.47 acres. The total property size is 3,800 square feet. The zoning is 421 com rest, allowing for commercial and restaurant uses.
Key Highlights
- 1937 frame property with central air and mixed heating (radiant, steam, oil, and propane).
- Restaurant space with 2,000 sq. ft. total: a 1,000 sq. ft. dining room plus an additional 1,000 sq. ft. floor space.
- Includes a commercial kitchen, loading area, and full basement.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.4k | $18.00 |
| − Vacancy | −$2.9k | −$0.76 |
| EGI | $65.5k | $17.24 |
| − OpEx | −$16.4k | −$4.31 |
| NOI | $49.1k | $12.93 |
3,800 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$702.1K
$614.3K – $819.1K
NOI $49,145 @ 7.0% cap · market cap 7.80%
Second Best
Retail
$646.4K
$565.6K – $754.1K
NOI $45,247 @ 7.0% cap · market cap 7.18%
Theoretical Best
Multifamily LT 5
$35.54M
$31.09M – $41.46M
NOI $2,487,569 @ 7.0% cap · market cap 394.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Landmark property with restaurant space and B&B potential.
Where is this conventional restaurant located?
The property is located at 76 Route 214 Phoenicia, NY.
What is the asking price?
The asking price for this property is $629,999.
What are key features of this property?
This property features: 1937 frame property with central air and mixed heating (radiant, steam, oil, and propane).; Restaurant space with 2,000 sq. ft. total: a 1,000 sq. ft. dining room plus an additional 1,000 sq. ft. floor space.; Includes a commercial kitchen, loading area, and full basement.
