Property profile

76 Ny-214 Shandaken, NY 12464

OFF-MARKET
Retail properties & Spaces
3,800 SF 0.47 ac lot Built 1937
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1937
Total area 3,800 SF
Lot 0.47 ac (20,473 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

76 Ny-214 Shandaken, NY 12464
Shandaken metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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