Established Restaurant and Bar for
327 Broadway Menands, NY 12204
327 Broadway, Menands, NY, 12204
$495,000
For Sale
$495,000
Well-established restaurant and bar with a decades-long successful track record.
Property Size1,876 SF
Price / SF$263.86
Days on Market69
Property Features for 327 Broadway
General Information
- Standard status
- Active
- Size
- 1,876 SF
- Property subtype
- Business
Listing agency
Pyramidbrokerage
(518) 489-9199
Listed by
Pyramid Brokerage Albany
(518) 489-9199
Source
Pyramidbrokerage
Added: May 14 Updated: Jul 10 at 1:39PM Checked: Jul 21 at 3:05AM
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 Pyramidbrokerage
Investment Insights
Based on property information with market context.
This well-established restaurant and bar, with a size of 2,000 sqft, has a history of successful operation spanning decades. The business benefits from recurring sales. The staff actively promotes kitchen specials and bar offerings on social media, contributing to business growth. The venue hosts numerous events throughout the year to attract patrons. The interior is well-designed, providing ample seating, and includes a pool table and dart board. An outdoor deck offers space for recreation, complemented by ample parking. The property features a brick building in good condition. The sale includes both the business and the building.
Key Highlights
- Established, successful restaurant and bar with decades‑long track record.
- Sale includes both the business and the building.
- Recurring sales and efficient operations.
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 | $37.1k | $19.80 |
| − Vacancy | −$2.5k | −$1.33 |
| EGI | $34.7k | $18.47 |
| − OpEx | −$8.7k | −$4.62 |
| NOI | $26.0k | $13.86 |
1,876 SF · lease $19.80/SF/yr · vacancy 6.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$371.3K
$324.9K – $433.2K
NOI $25,992 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.9K
$433.1K – $577.4K
NOI $34,646 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kris’ Mid City ...
Nightclub
Similar For Sale Nearby
Similar Off Market Nearby
- Kris’ Mid City Tavern — 327 Broadway, Menands, NY 12204
FAQs
What type of property is this?
Bar & Pub - Well-established restaurant and bar with a decades-long successful track record.
Where is this bar & pub located?
The property is located at 327 Broadway Menands, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Established, successful restaurant and bar with decades‑long track record.; Sale includes both the business and the building.; Recurring sales and efficient operations.
