Bar, Restaurant, and Apartment
6848 Erie Road Derby, NY 14047
6848 Erie Road, Derby, NY, 14047
$499,900
For Sale
$499,900
MULTI_FAMILY - Derby, NY
Property Size3,036 SF
Lot Size0.68 Acres
Price / SF$164.66
Days on Market52
Property Features for 6848 Erie Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1
- Patio and Porch features
- Deck
- Interior features
- CeilingFans
- Exterior features
- Deck
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 144489-192-200-0009-009-000
- Size
- 3,036 SF
- Lot size
- 0.68 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7607
Utilities
- Heating system
- Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Varies
- Building materials
- VinylSiding
- Roof type
- Rubber, Asphalt, Membrane
Listing Agency
WNY Metro Roberts Realty
(716) 947-5555
6853 Erie Road, cheektowaga, NY
Listed by
Kimberly Hulburd · License #40HU0735049
(716) 725-8725
Added: May 28 Checked: Jul 18 at 6:06 am
MLS# B1685490
Listing URL
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features a thriving bar and restaurant with a two-bedroom apartment. The bar area measures 18x28 and includes an 18-foot bar top. The dining room offers a 30x30 space suitable for large gatherings. The kitchen is 29x11 and equipped with all necessary equipment, including a recently updated 10x8 walk-in cooler. There is also a 20x20 storage and office area. A 34x16 covered deck provides an outdoor area for patrons. The property includes Quick Draw and Lottery machines. The 800 square foot two-bedroom apartment features newer windows and a 10x11 deck. Central air and forced air heating, plus two-zone baseboard heating provide year-round comfort. The vinyl-sided property includes a blacktop parking area accommodating approximately 35 vehicles and is situated on a corner lot. The property is located in Derby, NY, and sits on a 0.6775-acre lot. The building size is 3,036 square feet. The apartment could generate $800/month in rental income.
Key Highlights
- 18x28 bar area with an 18‑foot bar top
- 30x30 dining room plus 29x11 kitchen with recently updated 10x8 walking cooler
- 34x16 covered deck for patrons; quick‑draw and lottery machines already in place
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 | $54.6k | $18.00 |
| − Vacancy | −$5.9k | −$1.94 |
| EGI | $48.7k | $16.06 |
| − OpEx | −$12.2k | −$4.01 |
| NOI | $36.6k | $12.04 |
3,036 SF · lease $18.00/SF/yr · vacancy 10.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$522.3K
$457.0K – $609.3K
NOI $36,560 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.7K
$580.7K – $774.3K
NOI $46,458 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Meadowbrook Restaurant & Bar
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- The Shore House Bar & Grill — 6558 Lake Shore Rd, Derby, NY 14047
- Meadowbrook Restaurant & Bar — 6848 Erie Rd, Derby, NY 14047
FAQs
What type of property is this?
Bar & Pub - Established bar and restaurant with a two-bedroom apartment.
Where is this bar & pub located?
The property is located at 6848 Erie Road Derby, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 18x28 bar area with an 18‑foot bar top; 30x30 dining room plus 29x11 kitchen with recently updated 10x8 walking cooler; 34x16 covered deck for patrons; quick‑draw and lottery machines already in place
