Diner with Restaurant
For Sale
$950,000
7550 North Broadway, Red Hook, NY 12571
Commercial Sale, Red Hook, NY
Property Size1,679 SF
Lot Size0.23 Acres
Price / SF$565.81
Days on Market15
Property Features for 7550 North Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
3
Half bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3
High school district
RED HOOK CENTRAL SCHOOL DISTRICT
Directions
Route 9 To North Broadway
Standard status
Active
APN
134801-6272-06-471776
Size
1,679 SF
Lot size
0.23 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8385
Utilities
Heating system
Oil, Heat Pump (Heating)
Water source
Public
Building Details
Year built
1927
Floors in Building
1
Flooring type
Linoleum
Roof type
Metal
Listing Agency:
MONDELLO UPSTATE PROPERTIES LLC
(845) 758-5555
Listed By:
Catherine Mondello
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 29 at 7:06PM
MLS# 12028789
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Red Hook diner includes the real estate, an operating food-service business, and restaurant equipment. The 1,679-square-foot building dates to 1927 and occupies a 0.23-acre parcel. Property features include three bathrooms, linoleum flooring, a metal roof, and oil and heat-pump heating. Improvements include new HVAC, a water filtration system, and a connection to the town sewer; the property also has public water service.
The diner has been featured in movies, photo shoots, and international tour guides. The sale combines the diner property, business operation, and equipment in one offering.
The diner has been featured in movies, photo shoots, and international tour guides. The sale combines the diner property, business operation, and equipment in one offering.
Key Highlights
- 1,679‑square‑foot diner building on a 0.23‑acre parcel
- Built in 1927
- Restaurant equipment and operating diner business included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,400
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,000
$608.0K
Cap Rate 7%
$434,286
$434.3K
Cap Rate 9%
$337,778
$337.8K
Market Conditions
NOI Build-Up for 1,679 SF
Gross rent
$42.3K $25.20/SF
− Vacancy
−$1.8K −$1.06/SF
EGI
$40.5K $24.14/SF
− OpEx
−$10.1K −$6.04/SF
NOI
$30.4K $18.11/SF
Area
Dutchess County, NY
Vacancy
4.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,000
Cap Rate 7%
$434,286
Cap Rate 9%
$337,778
Alternative Uses
Best Use
Specialty Retail
$434.3K
$380.0K – $506.7K
NOI $30,400 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$505.4K
$442.2K – $589.7K
NOI $35,379 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
6,031 visits/mo
0.2 miles
KeyBank
Shops & Services
2,861 visits/mo
0.2 miles
Exxon
Shops & Services
2,676 visits/mo
0.2 miles
Citgo
Shops & Services
940 visits/mo
0.2 miles
Demographics for 12571, NY
9,600
Population
4,454
Households
2.2
Avg Household Size
47
Median Age
52%
College-Educated
95%
High-School Grad
58.1 sq mi
ZIP Area
165
Density / Sq Mi
$115,200
Median Household Income
$54,338
Median Earnings
$1,338
Median Rent
$386,300
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
Similar Off Market Nearby
- The Red Hook Diner — 7329 S Broadway, Red Hook, NY 12571
- Bagel Shoppe — 174 NY-199, Red Hook, NY 12571
Frequently Asked Questions
What type of property is this?
Breakfast & diner - The existing diner business and restaurant equipment are included in the sale.
Where is this breakfast & diner located?
The property is located at 7550 North Broadway Red Hook, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,679‑square‑foot diner building on a 0.23‑acre parcel; Built in 1927; Restaurant equipment and operating diner business included
