Recently Built Restaurant With
For Sale
Contact for pricing
42 S Main St, Voorheesville, NY 12186
Turnkey restaurant with private event space, golf simulator entertainment, contemporary-rustic finishes, and on-site parking.
Property Size4,976 SF
Price / SF$340.64
Days on Market85
Property Features for 42 S Main St
General Information
Standard status
Active
Size
4,976 SF
Property subtype
RETAIL
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Amenities
private event space
year-round golf simulator entertainment area
Building Details
Year Built
2023
Listing Agency:
Carrow Real Estate Services
(518) 462-7491
Listed By:
Rudy R. Lynch · License #10301200002
(518) 337-3705
Source:
Moodyscre
Added: Jul 28
Changed: Oct 6
Last Checked: Oct 19 at 9:14AM
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 Carrow Real Estate Services
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Investment Insights
Based on property information with market context.
Recently constructed restaurant and bar totaling 4,976 SF, completed in 2023. The property includes seating for approximately 164 guests, outdoor patio seating, private event space, and a year-round golf simulator entertainment area. High-end contemporary-rustic finishes are used throughout, and the sale includes existing FF&E for continued restaurant operations.
The property occupies a prominent corner location at 42 S Main St in Voorheesville, NY, with signage and ample on-site parking. It is located minutes from Delmar, Guilderland, Altamont, and Downtown Albany.
The property occupies a prominent corner location at 42 S Main St in Voorheesville, NY, with signage and ample on-site parking. It is located minutes from Delmar, Guilderland, Altamont, and Downtown Albany.
Key Highlights
- 4,976 SF restaurant and bar completed in 2023
- Seating for approximately 164 guests plus outdoor patio seating
- Private event space and year‑round golf simulator entertainment area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,355
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,287,100
$1.3M
Cap Rate 7%
$919,357
$919.4K
Cap Rate 9%
$715,056
$715.1K
Market Conditions
NOI Build-Up for 4,976 SF
Gross rent
$89.6K $18.00/SF
− Vacancy
−$3.8K −$0.76/SF
EGI
$85.8K $17.24/SF
− OpEx
−$21.5K −$4.31/SF
NOI
$64.4K $12.93/SF
Area
Albany County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,287,100
Cap Rate 7%
$919,357
Cap Rate 9%
$715,056
Alternative Uses
Best Use
Specialty Retail
$919.4K
$804.4K – $1.07M
NOI $64,355 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,691 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 67%
Shops & Services 25%
Dining 8%
Hannaford
Groceries
14,659 visits/mo
0.3 miles
Mobil
Shops & Services
3,361 visits/mo
0.4 miles
China Garden
Dining
1,641 visits/mo
0.3 miles
KeyBank
Shops & Services
1,282 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
918 visits/mo
0.2 miles
Demographics for 12186, NY
6,485
Population
2,718
Households
2.4
Avg Household Size
46
Median Age
52%
College-Educated
96%
High-School Grad
33.1 sq mi
ZIP Area
196
Density / Sq Mi
$116,053
Median Household Income
$49,267
Median Earnings
$1,132
Median Rent
$338,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant with private event space, golf simulator entertainment, contemporary-rustic finishes, and on-site parking.
Where is this conventional restaurant located?
The property is located at 42 S Main St Voorheesville, NY.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 4,976 SF restaurant and bar completed in 2023; Seating for approximately 164 guests plus outdoor patio seating; Private event space and year‑round golf simulator entertainment area
