Turnkey Restaurant and
For Sale
$899,977
3195 NY-28, North Creek, NY 12853
COMMERCIAL - North Creek, NY
Property Size4,692 SF
Lot Size1.02 Acres
Price / SF$191.81
Days on Market92
Property Features for 3195 NY-28
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
50
Parking features
Off Street
Security features
Security
Patio and Porch features
Patio, Deck
Interior features
Grinder Pump, High Speed Internet, Paddle Fan, Vaulted Ceiling(s), Cathedral Ceiling(s), DSL Internet
Exterior features
Lighting, Outdoor Bar
Basement
Exterior Entry, Full, Interior Entry
Lot features
Road Frontage, Level, Cleared, Landscaped
Directions
Put 3195 NY-28 North Creek into your GPS
Standard status
Active
APN
523000 83.-2-52
Size
4,692 SF
Lot size
1.02 Acres
Taxes and HOA fees
Tax Annual Amount
14287
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Zoned
Cooling system
Central Air
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Flooring type
Tile, Hardwood
Building materials
Cedar, Wood Siding
Roof type
Shingle
Listing Agency:
KW Platform · Keller Williams Realty
(518) 281-6808
Listed By:
Scott P Varley · License #30VA0727304
(518) 281-6808
Added: May 1
Changed: Jul 24
Last Checked: Jul 31 at 7:06PM
MLS# 202616276
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Basil & Wicks is a turnkey restaurant and bar offering in North Creek, New York, listed for sale. The property includes 4,692 square feet situated on a 1.02-acre lot, and it is designated Commercial zoning.
The asset is located at 3195 NY-28 in North Creek. Public remarks state the location is approximately two minutes from North Creek and Gore Mountain.
According to the provided remarks, recent and planned area investment includes a new $40 million year-round lodge and Ski Bowl expansion, a new zip coaster, expanded lift-served mountain biking, and a hiking trail network, as well as a $10 million public sewer project supporting long-term growth. The offering is also described in the remarks as having strong visibility and a proven operating history.
The asset is located at 3195 NY-28 in North Creek. Public remarks state the location is approximately two minutes from North Creek and Gore Mountain.
According to the provided remarks, recent and planned area investment includes a new $40 million year-round lodge and Ski Bowl expansion, a new zip coaster, expanded lift-served mountain biking, and a hiking trail network, as well as a $10 million public sewer project supporting long-term growth. The offering is also described in the remarks as having strong visibility and a proven operating history.
Key Highlights
- Built in 1999 with cedar and wood siding exterior and a shingle roof
- Interior features include vaulted and cathedral ceilings, paddle fans, and a grinder pump
- Heating is forced air with zoning, plus central air cooling
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 | $84.5k | $18.00 |
| − Vacancy | −$3.5k | −$0.76 |
| EGI | $80.9k | $17.24 |
| − OpEx | −$20.2k | −$4.31 |
| NOI | $60.7k | $12.93 |
4,692 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$866.9K
$758.5K – $1.01M
NOI $60,682 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,307 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,287 visits/mo
0.2 miles
Sunoco
Shops & Services
3,441 visits/mo
0.1 miles
Mobil
Shops & Services
843 visits/mo
0.1 miles
Demographics for 12853, NY
1,489
Population
1,070
Households
1.4
Avg Household Size
54
Median Age
22%
College-Educated
88%
High-School Grad
79.9 sq mi
ZIP Area
19
Density / Sq Mi
$58,850
Median Household Income
$32,264
Median Earnings
$938
Median Rent
$199,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant and bar near North Creek and Gore Mountain, offered for sale on Commercial zoning.
Where is this conventional restaurant located?
The property is located at 3195 NY-28 North Creek, NY.
What is the asking price?
The asking price for this property is $899,977.
What are key features of this property?
This property features: Built in 1999 with cedar and wood siding exterior and a shingle roof; Interior features include vaulted and cathedral ceilings, paddle fans, and a grinder pump; Heating is forced air with zoning, plus central air cooling
