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    76 Ny-214 Shandaken, NY 12464

    Sponsored
    For Sale
    $645,000

    Catskills Restaurant, Turnkey Opportunity

    Property size:
    3,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant opportunity in Phoenicia, NY, presents a unique blend of vintage charm and modern potential. Located at 76 NY-214, this 3,800 square foot property sits on a 0.47-acre lot (APN: 5000-014.013-0001-071.000-0000) and boasts a rich history, dating back to 1937. The main level features a 1,000 square foot dining room with an updated bar, plus an additional 1,000 square feet of adaptable space. A spacious covered porch provides ample outdoor dining. The fully equipped commercial kitchen, loading area, concrete block garage, and full basement add to the property's functionality. Upstairs, a sizable space currently owner-occupied offers significant potential for redevelopment, perhaps as a bed and breakfast, with four large rooms and additional renovable space. This prime location in the heart of the Catskills offers abundant parking and significant growth potential. All equipment is included in the asking price of $645,000. This is a rare opportunity to acquire a well-established restaurant with significant upside in a thriving tourist destination.

    Property Features for 76 Ny-214

    General Information

    Property type
    Restaurants
    Square Feet
    3,800 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1937

    HighLights

    • $645,000 asking price.
    • 3,800 square foot retail restaurant space.
    • Located at 76 NY‑214, Phoenicia, NY 12464, in Ulster County.
    • Built in 1937, situated on a 0.47‑acre lot.
    • Includes all restaurant equipment, a large dining room, updated bar, and expansive covered outdoor dining area.
    • Features a full basement, commercial kitchen, loading area, and a concrete block garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hair Salon Gym & Fitness Pharmacy Clothing Store Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shandaken
    County
    Ulster
    State
    New York
    Longitude
    -74.3174356
    Latitude
    42.0855948

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    FAQs

    What type of property is this?
    Restaurant - Catskills Restaurant, Turnkey Opportunity
    Where is this restaurant located?
    The property is located at 76 Ny-214 Shandaken, NY.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: $645,000 asking price.; 3,800 square foot retail restaurant space.; Located at 76 NY-214, Phoenicia, NY 12464, in Ulster County.
    Request Owner's contact information
    76 Ny-214 Shandaken, NY 12464
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    Shandaken, NY 12464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    76 Ny-214 Shandaken, NY 12464
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