Restaurant with Event
New
For Sale
$1,650,000
47 Old Post Road, Ghent, NY 12075
The 2023 rebuild includes a bar, dining room, patio, and gazebo near a creek.
Property Size5,232 SF
Lot Size2.00 Acres
Price / SF$315.37
Days on Market5
Property Features for 47 Old Post Road
General Information
Standard status
Active
Size
5,232 SF
Lot size
2.00 Acres
Property subtype
Multi-family
Additional Details
Road Access
Yes
Patio
Yes
Amenities
vintage diner car
gazebo
creek
Building Details
Year Built
1950
Year Renovated
2023
Listing Agency:
Houlihan Lawrence Inc
Listed By:
Anthony D'Argenzio
Source:
Signatureonerealtygroup
Added: Oct 25
Changed: Oct 29
Last Checked: Oct 28 at 3:12PM
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 Houlihan Lawrence Inc
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Investment Insights
Based on property information with market context.
This 5,232-square-foot restaurant property occupies two acres and was rebuilt in 2023. Its interior includes a zinc-topped bar and a dining room set in a former four-bay garage, with antique industrial windows and a vintage diner car toward the rear. Outside, a lit patio and gazebo sit along a path to a creek.
The property fronts Old Post Road between Hudson and Kinderhook. Art Omi is up the road, and Hudson’s Warren Street and Hudson Hall are 15 minutes away. Amtrak service brings visitors to Hudson.
The site is configured for restaurant operations and has also been described for bakery or café, catering, private events, and weddings.
The property fronts Old Post Road between Hudson and Kinderhook. Art Omi is up the road, and Hudson’s Warren Street and Hudson Hall are 15 minutes away. Amtrak service brings visitors to Hudson.
The site is configured for restaurant operations and has also been described for bakery or café, catering, private events, and weddings.
Key Highlights
- 5,232‑square‑foot restaurant property on two acres
- Rebuilt in 2023
- Bar and dining room in a former four‑bay garage, with antique industrial windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,944
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,518,880
$1.5M
Cap Rate 7%
$1,084,914
$1.1M
Cap Rate 9%
$843,822
$843.8K
Market Conditions
NOI Build-Up for 5,232 SF
Gross rent
$113.0K $21.60/SF
− Vacancy
−$11.8K −$2.25/SF
EGI
$101.3K $19.35/SF
− OpEx
−$25.3K −$4.84/SF
NOI
$75.9K $14.52/SF
Area
Columbia County, NY
Vacancy
10.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,518,880
Cap Rate 7%
$1,084,914
Cap Rate 9%
$843,822
Alternative Uses
Best Use
Specialty Retail
$1.08M
$949.3K – $1.27M
NOI $75,944 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,610 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12075, NY
3,135
Population
1,348
Households
2.3
Avg Household Size
50
Median Age
37%
College-Educated
88%
High-School Grad
36.3 sq mi
ZIP Area
86
Density / Sq Mi
$83,443
Median Household Income
$48,368
Median Earnings
$1,375
Median Rent
$384,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The 2023 rebuild includes a bar, dining room, patio, and gazebo near a creek.
Where is this conventional restaurant located?
The property is located at 47 Old Post Road Ghent, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 5,232‑square‑foot restaurant property on two acres; Rebuilt in 2023; Bar and dining room in a former four‑bay garage, with antique industrial windows
