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Restaurant and Pub with Patio
For Sale
$1,700,000

4 Clinton Square, Albany, NY 12207

Full-service restaurant and pub with a private party room, dining seating, and an outdoor patio for events.

Property Size5,400 SF
Price / SF$314.81
Days on Market148

Property Features for 4 Clinton Square

General Information

Standard status Active
Size 5,400 SF
Property subtype Commercial

Additional Details

Business Included Yes
Multifamily Units 2

Amenities

private party room
outdoor patio

Building Details

Year Built 1832
Stories 3
Listing Agency: Venture Fox Realty Group LLC
Listed By: Sean Martin
Source: Signatureonerealtygroup
Added: Mar 5 Changed: Jul 22 Last Checked: Jul 30 at 5:12PM

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 Venture Fox Realty Group LLC

Investment Insights

Based on property information with market context.

This for-sale restaurant and pub property features a main dining area with 100+ seats and a 75-seat private party room, along with an 80+ seat outdoor patio. The offering also includes year-round local live music and entertainment, supporting a built-in on-site hospitality program. In addition to the food and beverage space, there are second- and third-floor office areas and two apartments for added income or owner use.

Located in the heart of downtown Albany’s entertainment district, the property is described as steps from The Palace Theatre, Empire Live, Capital Rep, the Albany Convention Center, The Clinton Market Collective, and the MVP Arena.

With approximately 5,400+ square feet of space and a multi-use layout combining dining, private events, office space, and apartments, the building is positioned for an owner-operator or investor seeking a single property with multiple revenue streams.

Key Highlights

  • Year built 1832; historic full‑service restaurant and pub offering 5,400+ sq ft of space
  • McGeary's Irish Pub includes dining room with 100+ seats and a 75‑seat private party room
  • Outdoor patio with 80+ seats for events

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 $106.9k $19.80
− Vacancy −$7.2k −$1.33
EGI $99.8k $18.47
− OpEx −$24.9k −$4.62
NOI $74.8k $13.86
5,400 SF · lease $19.80/SF/yr · vacancy 6.70% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.07M
$935.2K – $1.25M (±1% cap)
NOI $74,817 @ 7.0% cap · market cap 4.40%
Second Best
Office B
$1.06M
$923.8K – $1.23M (±1% cap)
NOI $73,906 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,727 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

McGeary's Bar & Pub

Suggested Use

Top Pick Building Supply Skin Care Clinic Garden Center Auto Parts Store Storage Facility Electrical Service

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,409
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lia Lounge at MVP Arena — 51 S Pearl St, Albany, NY 12207
  • Derailed Bar And Grill — 700 East St, Rensselaer, NY 12144
  • Bull and Bee: Meadery & Tasting Room — 140 Hamilton St, Albany, NY 12207
  • The Excelsior Pub — 54 Philip St, Albany, NY 12207
  • Loch & Quay — 414 Broadway, Albany, NY 12207

Frequently Asked Questions

What type of property is this?
Bar & Pub - Full-service restaurant and pub with a private party room, dining seating, and an outdoor patio for events.
Where is this bar & pub located?
The property is located at 4 Clinton Square Albany, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Year built 1832; historic full‑service restaurant and pub offering 5,400+ sq ft of space; McGeary's Irish Pub includes dining room with 100+ seats and a 75‑seat private party room; Outdoor patio with 80+ seats for events
More about this property
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