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    Property profile & analytics

    94 Co Rd Hankins, NY 12741

    • Retail properties
    • 4,440 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 94 Co Rd

    Year built
    1908
    Lot size
    0.27 lot acres
    Property size
    4,440 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional turnkey restaurant and tavern, located at 553 County Road 94 in Hankins, NY, presents a unique investment opportunity. The 4,440 square foot building, constructed in 1908 and renovated in 2003, boasts a desirable corner lot location just off State Route 97, providing easy access to major roadways. The property includes a spacious, updated bar and restaurant area with a modern kitchen and appliances, two restrooms, and an enclosed porch. The layout is open and inviting, perfect for creating a lively atmosphere. A large backyard offers potential for outdoor dining and entertainment, while a separate barn provides ample storage space. Above the commercial space is a substantial three-bedroom, one-and-a-half-bathroom apartment complete with a kitchen and formal dining area. A large, unfinished attic offers expansion possibilities. The property sits on a 0.273-acre lot and includes 15 parking spaces. The building is zoned RR and has a Class B designation. This established business benefits from high foot traffic and a strong local following, making it an ideal investment for an experienced restaurateur or a savvy investor seeking a profitable venture in a thriving community. The asking price is $599,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hankins
    County
    Sullivan
    State
    New York
    Longitude
    -75.071
    Latitude
    41.8341

    Comparable in this City

    • Value Estimation
      $220,000
      3,160 SF

      553 County Rd 94

      BAR, TAVERN • 3,160 SF
      553 County Rd 94, Hankins, NY 12741-5239
      View Details
    • Value Estimation
      $305,000
      147.00 Acres

      305 Henderson Rd

      COMMERCIAL (GENERAL) • 147.00 Acres
      305 Henderson Rd, Hankins, NY 12741-5318
      View Details
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    94 Co Rd
    Hankins, NY 12741
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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