Turnkey Diner Restaurant
21418 State Route 22 Hoosick Falls, NY 12090
21418 State Route 22, Hoosick Falls, NY, 12090
$999,000
For Sale
$999,000
Turnkey breakfast and diner restaurant offering includes both the business and the underlying property.
Property Size3,376 SF
Price / SF$295.91
Days on Market31
Property Features for 21418 State Route 22
General Information
- Standard status
- Active
- Size
- 3,376 SF
- Property subtype
- Commercial
Listing agency
MARSH HOMETOWN REALTY, LLC
(518) 961-9077
Listed by
CHRISTIAN P MARSH
Source
Corcoran
Added: Jun 22 Updated: Jul 21 at 6:27PM Checked: Jul 21 at 6:27PM
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 MARSH HOMETOWN REALTY, LLC
Investment Insights
Based on property information with market context.
The Falls Diner, a family-owned and operated staple of the Hoosick Falls area for over 30 years, is available for sale. The offering is presented as turnkey, with the sale including both the property and the business. The current operation is described as supported by a loyal customer base, a dedicated long-term staff, and a smooth operating system.
The restaurant is located at 21418 State Route 22 in Hoosick Falls, NY 12090.
This is a combined real estate and operating business opportunity for buyers seeking an established diner concept with in-place staffing and an operational framework already in use.
The restaurant is located at 21418 State Route 22 in Hoosick Falls, NY 12090.
This is a combined real estate and operating business opportunity for buyers seeking an established diner concept with in-place staffing and an operational framework already in use.
Key Highlights
- Falls Diner is a family‑owned and operated breakfast and diner restaurant available for sale
- Business sale includes both the restaurant and the underlying property
- Operating for over 30 years with a loyal customer base
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 | $72.9k | $21.60 |
| − Vacancy | −$3.1k | −$0.91 |
| EGI | $69.9k | $20.69 |
| − OpEx | −$17.5k | −$5.17 |
| NOI | $52.4k | $15.52 |
3,376 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$748.5K
$654.9K – $873.2K
NOI $52,394 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$843.9K
$738.5K – $984.6K
NOI $59,076 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Breakfast & diners
Similar For Sale Nearby
Similar Off Market Nearby
- Fall's Diner — 21418 NY-22, Hoosick Falls, NY 12090
FAQs
What type of property is this?
Breakfast & diner - Turnkey breakfast and diner restaurant offering includes both the business and the underlying property.
Where is this breakfast & diner located?
The property is located at 21418 State Route 22 Hoosick Falls, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Falls Diner is a family‑owned and operated breakfast and diner restaurant available for sale; Business sale includes both the restaurant and the underlying property; Operating for over 30 years with a loyal customer base
