Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Restaurant Space For Sale Title is generated by Realmo AI

    8905 Ny Highway 66, Averill Park, NY 12018

    View on Map
    Claim this Listing
    For Sale
    $500,000

    COMMERCIAL - Averill Park, NY

    Property size:
    2,357 SF
    Lot size:
    2.13 Acres
    Price / SF:
    $212/SF
    Added:
    Jun 12, 2025
    Days on Market:
    385
    Last Refresh:
    Jul 1 at 9:06 am

    Property Features for 8905 Ny Highway 66

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Parking
    50
    Patio and Porch features
    Deck, Porch
    Basement
    Full
    Standard status
    Active
    APN
    383800 136.-8-13
    Size
    2,357 SF
    Lot size
    2.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5857

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1951
    Floors in Building
    2
    Flooring type
    Wood
    Building materials
    Wood Siding
    Roof type
    Metal

    We can help!

    Contact an agent
    Shana Edwards

    Listing agent Shana Edwards License #10401257957

    Listing office KW Platform 935 New Loudon Rd, Latham, NY

    Listing date Jun 12, 2025

    MLS# 202519506

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1951‑built property with wood siding and wood flooring
    • Includes a fully equipped commercial kitchen
    • Adjoining apartment plus an entertainment hall
    • Central air and forced‑air heating
    • Metal roof with porch and deck
    • Water source: well; sewer: septic tank

    Overview

    This commercial property is a turnkey restaurant space located in the Poestenkill community. The venue includes a fully equipped commercial kitchen, an adjoining apartment, and an entertainment hall. The property offers ample parking. The space is suited for a cafe, restaurant, or event space. The property size is 2357 square feet and the lot size is 2.13 acres. The zoning is commercial. The property is located in Averill Park, NY, in Rensselaer County.

    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 $50.9k $21.60
    − Vacancy −$2.1k −$0.91
    EGI $48.8k $20.69
    − OpEx −$12.2k −$5.17
    NOI $36.6k $15.52
    2,357 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $522.6K
    $457.3K – $609.7K (±1% cap)
    NOI $36,580 @ 7.0% cap · market cap 7.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $589.2K
    $515.6K – $687.4K (±1% cap)
    NOI $41,245 @ 7.0% cap · market cap 8.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Auto Parts Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Averill Park
    County
    Rensselaer
    State
    New York
    Longitude
    -73.5737
    Latitude
    42.658252

    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant with apartment and entertainment hall in Averill Park.
    Where is this restaurant located?
    The property is located at 8905 Ny Highway 66 Averill Park, NY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 1951‑built property with wood siding and wood flooring; Includes a fully equipped commercial kitchen; Adjoining apartment plus an entertainment hall
    (518) 365-1915
    We can help!
    Contact an agent
    Shana Edwards
    Real Estate License ID: 10401257957
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    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

    Thank You for Inquiry
    8905 Ny Highway 66, Averill Park, NY 12018
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!