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Historic Restaurant Property
For Sale
$1,599,000

23 E Market St, Red Hook, NY 12571

Multi-level hospitality venue with dining, patio, theater, and speakeasy spaces in Red Hook Village’s General Business District.

Property Size9,000 SF
Lot Size0.25 Acres
Price / SF$177.67
Days on Market853

Property Features for 23 E Market St

General Information

Standard status Active
Size 9,000 SF
Lot size 0.25 Acres
Property subtype General Commercial

Additional Details

Highway Access Yes
Patio Yes

Amenities

Air Cond. Unit
3
GB
.25 Acres

Building Details

Year Built 1900
Listing Agency:
Listed By: Coldwell Banker Village Green
Source: Xome
Added: Apr 30, 2024 Changed: Aug 29 Last Checked: Aug 29 at 8:32PM

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 Coldwell Banker Village Green

Investment Insights

Based on property information with market context.

Built in 1900, this historic commercial property brings together several hospitality-oriented spaces within a quarter-acre village setting. The operating restaurant includes an enclosed dining area and outdoor patio seating, with capacity for more than 200 patrons. A former theater area retains pressed-tin ceilings, original wood floors, a balcony, and decorative chandeliers. The lower level includes a Prohibition-era speakeasy with original tin ceilings, a vintage bar, and room for 80 guests.

The property is positioned on E Market St in the heart of Red Hook Village’s General Business District, surrounded by restaurants, shops, and local businesses. Municipal and street parking are located near the building entrances. The site is near Rhinebeck, Bard College, and the Taconic State Parkway, with Manhattan approximately 2 hours away.

Key Highlights

  • Restaurant accommodates 200+ patrons and includes enclosed dining plus outdoor patio seating
  • Historic theater space with pressed‑tin ceilings, original wood floors, balcony, and ornate chandeliers
  • Lower‑level speakeasy includes a vintage bar and accommodates 80 guests

Property Analytics

Current Use

Charlie O's Bar ... Restaurant Artis Makeup Brushes Cosmetic Store

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Home Appliance Store Grocery & Convenience 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
6,031 visits/mo 0.1 miles
KeyBank Shops & Services
2,861 visits/mo 0.1 miles
Exxon Shops & Services
2,676 visits/mo 0.1 miles
Citgo Shops & Services
940 visits/mo 0.3 miles

Demographics for 12571, NY

9,600
Population
4,454
Households
2.2
Avg Household Size
47
Median Age
52%
College-Educated
95%
High-School Grad
58.1 sq mi
ZIP Area
165
Density / Sq Mi
$115,200
Median Household Income
$54,338
Median Earnings
$1,338
Median Rent
$386,300
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Multi-level hospitality venue with dining, patio, theater, and speakeasy spaces in Red Hook Village’s General Business District.
Where is this conventional restaurant located?
The property is located at 23 E Market St Red Hook, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Restaurant accommodates 200+ patrons and includes enclosed dining plus outdoor patio seating; Historic theater space with pressed‑tin ceilings, original wood floors, balcony, and ornate chandeliers; Lower‑level speakeasy includes a vintage bar and accommodates 80 guests
More about this property
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