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Bar & Pub with Patio
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202 Main Street, Nanuet, NY 10954

Existing bar, refrigeration, sound infrastructure, and electrical service support a hospitality operation with outdoor dining space.

Property Size2,000 SF
Price / SF$2.10
Days on Market30

Property Features for 202 Main Street

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail
Listing Agency: Neil Charles Real Estate
Listed By: Ann Stettner · License #10401201931
Source: Neilcharlesrealestate
Added: Oct 1 Changed: Oct 30 Last Checked: Oct 30 at 1:53AM

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 Neil Charles Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The ground-floor bar and restaurant space measures 1,000 square feet and includes a built-in bar with 20 tap lines, two walk-in coolers, two restrooms, and existing speaker and sound-system infrastructure. Electrical service includes approximately 200 amps serving the bar and three-phase power. Ceiling heights reach approximately 12 feet in portions of the space, and an existing kitchen can be adapted to an incoming operator’s requirements. An approximately 1,000-square-foot patio provides additional outdoor space.

Ownership is pursuing approvals for a potential kitchen expansion of approximately 12 feet, which would accommodate an expanded commercial hood system. An owner-completed expansion and hood installation may be available through a negotiated transaction.

Key Highlights

  • 1,000 SF ground‑floor bar and restaurant space
  • Approximately 1,000 SF outdoor patio
  • Bar includes 20 tap lines and two walk‑in coolers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,565
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,300 $1.9M
Cap Rate 7%
$1,322,357 $1.3M
Cap Rate 9%
$1,028,500 $1.0M
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$132.0K $66.00/SF
− Vacancy
−$8.6K −$4.29/SF
EGI
$123.4K $61.71/SF
− OpEx
−$30.9K −$15.43/SF
NOI
$92.6K $46.28/SF
Area
Rockland County, NY
Vacancy
6.50%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,300
Cap Rate 7%
$1,322,357
Cap Rate 9%
$1,028,500

Alternative Uses

Best Use
Specialty Retail
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,565 @ 7.0% cap · market cap 2,203.93%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Denmr Electrica Church Ambulance Brew House Bar & Pub Kristina's Gruaig Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Pet Grooming Service Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,054
Businesses Nearby
146k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 38% Home Improvements & Furnishings 30% Dining 18% Apparel 13%
HomeGoods Home Improvements & Furnishings
39,059 visits/mo 0.4 miles
PetSmart Shops & Services
31,246 visits/mo 0.5 miles
Buffalo Wild Wings Dining
20,155 visits/mo 0.4 miles
Sierra Apparel
19,537 visits/mo 0.5 miles
Party City Shops & Services
12,089 visits/mo 0.4 miles

Demographics for 10954, NY

24,248
Population
10,041
Households
2.4
Avg Household Size
44
Median Age
47%
College-Educated
90%
High-School Grad
6.9 sq mi
ZIP Area
3,514
Density / Sq Mi
$112,927
Median Household Income
$55,985
Median Earnings
$2,184
Median Rent
$502,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Ambulance Brew House — 202 Main St, Nanuet, NY 10954
  • Diamond Jims Billiards & Pub — 400 Market St, Nanuet, NY 10954
  • Ruby Bar & Tapas — 129 Main St, Nanuet, NY 10954
  • Growler & Gill — 148-164 NY-59, Nanuet, NY 10954
  • BJ's Restaurant & Brewhouse — 1119 Fashion Dr, Nanuet, NY 10954

Frequently Asked Questions

What type of property is this?
Bar & Pub - Existing bar, refrigeration, sound infrastructure, and electrical service support a hospitality operation with outdoor dining space.
Where is this bar & pub located?
The property is located at 202 Main Street Nanuet, NY.
What are key features of this property?
This property features: 1,000 SF ground‑floor bar and restaurant space; Approximately 1,000 SF outdoor patio; Bar includes 20 tap lines and two walk‑in coolers
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Includes: Price & PSF · Cap rate · Location · Zoning

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