Remodeled Neighborhood Bar &
For Sale
$295,000
157 Whitesboro Street, Yorkville, NY 13495
Includes a full kitchen, bar, and in-place food-service equipment.
Property Size1,505 SF
Days on Market176
Property Features for 157 Whitesboro Street
General Information
Standard status
Active
Size
1,505 SF
Total Parking Spaces
8
Property subtype
Commercial
Zoning
res, Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$3,425
Building Details
Building Size
1,505 SF
Year Built
1973
Buildings
1
Stories
1
Listing Agency:
Hunt Real Estate ERA
(315) 796-4741
Listed By:
Ciro Raspante
(315) 796-4741
Source:
Northstarwny
Added: Mar 7
Changed: Aug 30
Last Checked: Jul 18 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunt Real Estate ERA
Investment Insights
Based on property information with market context.
This Yorkville bar and pub property includes a full commercial kitchen and a dedicated bar area. The sale includes appliances, food-service equipment, coolers, a walk-in cooler, televisions, tables, and stools, providing an existing operational setup for a bar or restaurant concept. The interior was recently remodeled with updated finishes while retaining its neighborhood-oriented character.
Located at 157 Whitesboro Street in Yorkville, the property carries a zoning designation identified as “res, Commercial.” The building was constructed in 1973 and is also known as Laufer’s Pub; Sharon’s Lounge is identified as a prior name. Included furnishings and equipment support continued food-and-beverage use, subject to applicable approvals.
Located at 157 Whitesboro Street in Yorkville, the property carries a zoning designation identified as “res, Commercial.” The building was constructed in 1973 and is also known as Laufer’s Pub; Sharon’s Lounge is identified as a prior name. Included furnishings and equipment support continued food-and-beverage use, subject to applicable approvals.
Key Highlights
- Full commercial kitchen and dedicated bar area
- Walk‑in cooler included with other cooling equipment
- Sale includes appliances, food‑service equipment, televisions, tables, and stools
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
$17,335
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
5.88%
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%
$346,700
$346.7K
Cap Rate 7%
$247,643
$247.6K
Cap Rate 9%
$192,611
$192.6K
Market Conditions
NOI Build-Up for 1,505 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
$24.4K $16.20/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$23.1K $15.36/SF
− OpEx
−$5.8K −$3.84/SF
NOI
$17.3K $11.52/SF
Area
Oneida County, NY
Vacancy
5.20%
Lease Rate
$16.20 /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%
$346,700
Cap Rate 7%
$247,643
Cap Rate 9%
$192,611
Alternative Uses
Best Use
Specialty Retail
$247.6K
$216.7K – $288.9K
NOI $17,335 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$396.6K
$347.0K – $462.7K
NOI $27,762 @ 7.0% cap · market cap 9.41%
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
526
Businesses Nearby
169k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 34%
Groceries 13%
Home Improvements & Furnishings 7%
McDonald's
Dining
30,671 visits/mo
0.3 miles
Aldi
Groceries
21,970 visits/mo
0.4 miles
Hoffman Car Wash
Shops & Services
18,716 visits/mo
0.3 miles
Taco Bell
Dining
15,021 visits/mo
0.4 miles
Burger King
Dining
15,015 visits/mo
0.4 miles
Demographics for 13495, NY
2,183
Population
965
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
94%
High-School Grad
0.9 sq mi
ZIP Area
2,426
Density / Sq Mi
$63,517
Median Household Income
$48,797
Median Earnings
$1,067
Median Rent
$148,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- The Village Pub — 138 Campbell Ave, Yorkville, NY 13495
- Laufer's Pub — 157 Whitesboro St, Yorkville, NY 13495
- Bennu Cafe — 34 Oriskany Blvd, Whitesboro, NY 13492
- Lunch Box Joe's — 200 Oriskany Blvd, Whitesboro, NY 13492
Frequently Asked Questions
What type of property is this?
Bar & Pub - Includes a full kitchen, bar, and in-place food-service equipment.
Where is this bar & pub located?
The property is located at 157 Whitesboro Street Yorkville, NY.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Full commercial kitchen and dedicated bar area; Walk‑in cooler included with other cooling equipment; Sale includes appliances, food‑service equipment, televisions, tables, and stools
