2121 NY-96 Clifton Springs, NY 14432
Turnkey bar and restaurant with equipment in Clifton Springs, NY.
Property Features for 2121 NY-96
General Information
- Standard status
- Active
- Size
- 2,102 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing office Hunt Real Estate
Listing date Oct 9, 2024
Source Crexi
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
Investment Insights
Based on property information with market context.
Key Highlights
- Fully equipped bar with essential equipment included like a pizza oven, grill, fryers and coolers.
- Multiple income streams from pool table, dart boards, ATM, Loto machine, and Dragon machine.
- New cooling unit installed in 2024.
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 | $45.4k | $21.60 |
| − Vacancy | −$1.2k | −$0.56 |
| EGI | $44.2k | $21.04 |
| − OpEx | −$11.1k | −$5.26 |
| NOI | $33.2k | $15.78 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar Off Market Nearby
- Vonnie's Halfway Haus — 2121 NY-96, Clifton Springs, NY 14432
