Turnkey Restaurant with Event
7909 Albany Post Road Red Hook, NY 12571
For Sale
$875,000
Renovated restaurant and bar with multiple dining areas, large bar, huge kitchen, and exterior dining.
Days on Market48
Property Features for 7909 Albany Post Road
General Information
Standard status
Active
Property subtype
Commercial
Listing Agency:
I Realty LLC
(845) 744-3365
Listed By:
Sehid Mujovic · License #10491203635
(845) 744-3365
Source:
Cohenandcohenrealty
Added: Jun 13
Changed: Jul 27
Last Checked: Jul 29 at 12:45PM
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 I Realty LLC
Investment Insights
Based on property information with market context.
This completely renovated restaurant and bar building is turnkey ready and laid out for food service and events. The interior includes multiple dining areas and a large bar area, supported by a huge kitchen and two bathrooms. The property also offers exterior dining and an event pavilion suitable for hosting corporate and private events.
Located on a busy State Route with high visibility, the site is served by a huge parking lot, supporting day-to-day operations and catered events.
The building has been renovated with many upgrades, positioning it for immediate occupancy by an operator seeking a ready-to-run setup.
Located on a busy State Route with high visibility, the site is served by a huge parking lot, supporting day-to-day operations and catered events.
The building has been renovated with many upgrades, positioning it for immediate occupancy by an operator seeking a ready-to-run setup.
Key Highlights
- Completely renovated restaurant and bar building with many upgrades
- Multiple dining areas plus a large bar area
- Huge kitchen and exterior dining for on‑site service and events
Financial Insights For Industrial
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 | $62.2k | $9.48 |
| − Vacancy | −$4.2k | −$0.64 |
| EGI | $58.0k | $8.84 |
| − OpEx | −$17.4k | −$2.65 |
| NOI | $40.6k | $6.18 |
6,566 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,885 @ 7.0% cap · market cap 13.59%
Second Best
Industrial
$580.1K
$507.6K – $676.8K
NOI $40,609 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,354 @ 7.0% cap · market cap 15.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Beverage Way — 8036 US-9, Red Hook, NY 12571
Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated restaurant and bar with multiple dining areas, large bar, huge kitchen, and exterior dining.
Where is this bar & pub located?
The property is located at 7909 Albany Post Road Red Hook, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Completely renovated restaurant and bar building with many upgrades; Multiple dining areas plus a large bar area; Huge kitchen and exterior dining for on‑site service and events
