Listing Agency: Century 21 - Rural Estates | Duanesburg d***@yahoo.com Show Phone

Listed By: Dean Nunamann · License #30NU0705806 Show Phone

Source: Moodyscre

Added: Jul 24 Changed: Jul 28 Last Checked: Jul 30 at 12:23PM

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Investment Insights

Based on property information with market context.

Turn-key restaurant totally renovated within the last 10 years, built to accommodate both dining and large events. The restaurant seats 175 people and features a huge bar area and a catering hall that seats 300. Interior improvements include a state-of-the-art kitchen, office space, and basement.

The property also includes a separate four-unit apartment house that generates $3,400 per month. It is close to Howe Caves, interstate I-88, and Albany.

Overall, this offering combines a fully renovated restaurant operation with an additional residential component under one ownership.

Key Highlights

• Restaurant seats 175 and includes a catering hall that seats 300
• Totally renovated within the last 10 years
• Huge bar area, state‑of‑the‑art kitchen, office, and basement

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Building Supply Accounting Firm

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

4

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 12043, NY

7,883

Population

3,292

Households

2.4

Avg Household Size

39

Median Age

28%

College-Educated

94%

High-School Grad

63.6 sq mi

ZIP Area

124

Density / Sq Mi

$73,006

Median Household Income

$33,227

Median Earnings

$853

Median Rent

$171,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Renovated restaurant seats 175 with a catering hall for 300, plus a separate four-unit apartment house.

Where is this conventional restaurant located?

The property is located at 2930 State Route 7 Howes Cave, NY.

What is the asking price?

The asking price for this property is $529,000.

What are key features of this property?

This property features: Restaurant seats 175 and includes a catering hall that seats 300; Totally renovated within the last 10 years; Huge bar area, state‑of‑the‑art kitchen, office, and basement