Turnkey Restaurant/Bar in
For Sale
$750,000
809 Bloomingburg Road, Bloomingburg, NY 12721
Tastefully designed, fully furnished restaurant/bar with outdoor dining areas.
Property Size1,800 SF
Lot Size1.00 Acre
Price / SF$416.67
Days on Market220
Property Features for 809 Bloomingburg Road
General Information
Standard status
Active
Size
1,800 SF
Lot size
1.00 Acre
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,965
Amenities
Central air
Central Air Cooling
Radiant Heating
Building Details
Year Built
2014
Listing Agency:
CENTURY 21 GEBA REALTY
(845) 856-6629
Listed By:
ELIZABETH A BERNITT
Source:
Corcoran
Added: Jan 11
Changed: Aug 19
Last Checked: Aug 19 at 9:37AM
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 CENTURY 21 GEBA REALTY
Investment Insights
Based on property information with market context.
This tastefully designed restaurant/bar features high ceilings, a large dining room, ample parking, two inviting outdoor dining areas, and a welcoming bar area. Located in Bloomingburg, New York, this 1,800-square-foot property offers potential for chefs, entrepreneurs, or investors. The property is being sold as-is and fully furnished, with all systems currently operating. The current owner is open to working with the buyer, including providing guidance to help you get started and potentially remaining on as a tenant. With multiple purchase options available, this space can adapt to a variety of business visions, or simply serve as the perfectly sized location you’ve been searching for in Bloomingburg.
Key Highlights
- Turnkey restaurant/bar opportunity: sold fully furnished with all systems operating.
- 1,800 sq ft property with large dining room and welcoming bar area.
- Multiple purchase options available, adaptable to various business visions.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,279
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,580
$465.6K
Cap Rate 7%
$332,557
$332.6K
Cap Rate 9%
$258,656
$258.7K
Market Conditions
NOI Build-Up for 1,800 SF
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.
Gross rent
$32.4K $18.00/SF
− Vacancy
−$1.4K −$0.76/SF
EGI
$31.0K $17.24/SF
− OpEx
−$7.8K −$4.31/SF
NOI
$23.3K $12.93/SF
Area
Sullivan County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,580
Cap Rate 7%
$332,557
Cap Rate 9%
$258,656
Alternative Uses
Best Use
Specialty Retail
$332.6K
$291.0K – $388.0K
NOI $23,279 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$493.7K
$432.0K – $576.0K
NOI $34,560 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,284 visits/mo
0.4 miles
Demographics for 12721, NY
7,504
Population
2,876
Households
2.6
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
24.7 sq mi
ZIP Area
304
Density / Sq Mi
$84,188
Median Household Income
$46,164
Median Earnings
$1,432
Median Rent
$307,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Horse and Sulky Pub & Grill — 809 Bloomingburg Rd, Bloomingburg, NY 12721
Frequently Asked Questions
What type of property is this?
Bar & Pub - Tastefully designed, fully furnished restaurant/bar with outdoor dining areas.
Where is this bar & pub located?
The property is located at 809 Bloomingburg Road Bloomingburg, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Turnkey restaurant/bar opportunity: sold fully furnished with all systems operating.; 1,800 sq ft property with large dining room and welcoming bar area.; Multiple purchase options available, adaptable to various business visions.
