Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5981 Route 44 55 Kerhonkson, NY 12446

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $319,000

    Fully equipped, ready-to-operate pizzeria near Minnewaska State Park.

    Lot size:
    0.26 Acres

    Property Features for 5981 Route 44 55

    General Information

    Standard status
    Active
    Lot size
    0.26 Acres

    We can help!

    Listing Contact
    Randi Moody
    Source: Corcoran

    Listing Agency: MALEK PROPERTIES Listing Agent: Randi Moody

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Pizzeria Opportunity in Kerhonkson

    This turnkey pizzeria is located in Kerhonkson, New York. The property is a fully operational business, equipped with professional-grade kitchen equipment, including pizza ovens, prep tables, and an exhaust hood. The sale includes all equipment, furniture, and fixtures. The space could also be used for a farm-to-table bistro, cafe, sandwich shop, bakery, or ice cream shop. It features a high-visibility corner location, signage potential, and ample parking. The property is located minutes from Minnewaska State Park, Mohonk, and Sam's Point.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Gym & Fitness Center Skin Care Clinic Hotel & Motel Bar & Pub Daycare Center Cafe & Coffee Shop Acupuncture

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kerhonkson
    County
    Ulster
    State
    New York
    Longitude
    -74.288053
    Latitude
    41.76263

    Nearby Similar for Sale

    • $319,000
      0.26 Acres

      Turnkey Pizzeria Opportunity Awaits

      Fully operational pizzeria ready for its next chapter.
      5981 Route 44 55, Kerhonkson, NY 12446
      View Details
    • $299,000
      735 SF

      Kerhonkson Commercial Location on Highway

      Commercial property on a busy highway suitable for various businesses.
      6437 Route 209, Kerhonkson, NY 12446
      View Details
    • $329,900
      0.05 Acres

      Renovated Duplex Near Minnewaska Park

      Newly renovated duplex near Minnewaska State Park and Mohonk Lake.
      215 Maple Ave, Kerhonkson, NY 12446
      View Details
    • $375,000

      Kerhonkson Commercial Property on Route 209

      Versatile commercial property with bank infrastructure and high visibility.
      6100 Route 209, Kerhonkson, NY 12446
      View Details
    • $199,000

      Turnkey Pizzeria in Growing Community

      Established pizzeria for sale in Kerhonkson, NY with equipment.
      6320 Route 209, Kerhonkson, NY 12446
      View Details
    • $299,000

      Highway Frontage Commercial Opportunity

      Commercial property with highway frontage suitable for various business ventures.
      6437 Route 209, Kerhonkson, NY 12446
      View Details
    • $319,000
      1,756 SF

      Turnkey Pizzeria Opportunity Awaits

      Fully equipped, ready-to-operate pizzeria in Kerhonkson, unbeatable location.
      5981 Route 44 55, Kerhonkson, NY 12446
      View Details
    • $749,000

      Kerhonkson Commercial Opportunity on 209

      Commercial building with two extra lots on 5.02 acres.
      6328 Route 209, Kerhonkson, NY 12446
      View Details
    • $299,000
      735 SF

      Kerhonkson Commercial Space on Highway

      Versatile commercial space with rustic charm on a busy highway.
      6437 Route 209, Kerhonkson, NY 12446
      View Details
    • $150,000

      Kerhonkson Specialty Property for Sale

      Specialty property available for purchase in Kerhonkson, New York.
      1365 Berme Rd, Kerhonkson, NY 12446
      View Details
    • $925,000

      Ulster County MHC Opportunity

      Manufactured housing community in desirable Ulster County, New York.
      190 Cherrytown Rd, Kerhonkson, NY 12446
      View Details
    • $859,000

      Kerhonkson Multifamily Property For Sale

      Multifamily property located 80 miles from New York City.
      670 Granite Rd, Kerhonkson, NY 12446
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Fully equipped, ready-to-operate pizzeria near Minnewaska State Park.
    Where is this conventional restaurant located?
    The property is located at 5981 Route 44 55 Kerhonkson, NY.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: - Turnkey, fully-equipped pizzeria ready for immediate operation.; - Includes all equipment, furniture, and fixtures in immaculate condition, including pizza ovens, prep tables, and exhaust hood.; - Unbeatable high-visibility corner location with fantastic signage potential and ample parking.
    (347) 628-2161
    Request Owner's contact information
    5981 Route 44 55 Kerhonkson, NY 12446
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5981 Route 44 55
    Kerhonkson, NY 12446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5981 Route 44 55 Kerhonkson, NY 12446
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Randi Moody
    (347) 628-2161 (845) 583-6333
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!