Restaurant and Pub with
4 Clinton Square Albany, NY 12207
4 Clinton Square, Albany, NY, 12207
$1,700,000
For Sale
$1,700,000
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 Market140
Property Features for 4 Clinton Square
General Information
- Standard status
- Active
- Size
- 5,400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1832
Listing agency
Venture Fox Realty Group LLC
Listed by
Sean Martin
(518) 639-4663
Source
Signatureonerealtygroup
Added: Mar 5 Updated: Jul 22 at 8:49PM Checked: Jul 22 at 8:49PM
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.
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
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 | $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
NOI $74,817 @ 7.0% cap · market cap 4.40%
Second Best
Office B
$1.06M
$923.8K – $1.23M
NOI $73,906 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,727 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
McGeary's
Bar & Pub
Similar For Sale Nearby
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
FAQs
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
