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Property profile & analytics
FOR SALE
Turn key restaurants
126 Mariaville Rd, Rotterdam, NY 12306
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-1602745
For Sale
1 / 39
$2,250,000
126 Mariaville Rd, Rotterdam, NY 12306
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Property summary
AI-generated overview
This exceptional 4,610 square foot restaurant located at 126 Mariaville Road, Rotterdam, NY 12306, presents a lucrative investment opportunity. Built in 1960, this single-story building sits on a 0.34-acre lot (APN 48.18-1-27) and is zoned B-1. The property boasts two fully equipped kitchens, perfect for catering and large-scale events. A spacious dining area and a dedicated banquet room cater to diverse clientele needs. The established business enjoys a strong customer base, providing immediate revenue potential. Ample parking is available on-site, adding to the property's convenience. The asking price is $2,250,000, translating to $488.07 per square foot. This turnkey operation offers significant upside potential for expansion and growth within a desirable location. A non-disclosure agreement and proof of funds are required. This is a rare chance to acquire a well-established and profitable restaurant business in Schenectady County, New York.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Total area
4,610 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B-1
APN
422800 48.18-1-27
UPID
US63-1602745
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Canali's Italian & American Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hen Dia Properties LLC · 1 yrs held
Hen Dia Properties LLC
since 2024
Last sale
$366,500
2 recorded transactions
Zoning & alternative use
B-1 · Schenectady, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rotterdam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rotterdam submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$385,000
Assessed 2023
Previous assessed
$385,000
+0.0% YoY
Assessed land
$46,200
Assessed improvement
$338,800
Land market value
$60,792
Improvement market value
$445,808
Total market value
$506,600
Applied tax rate
422,801.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1985
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
4,610 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B-1
APN
422800 48.18-1-27
UPID
US63-1602745
Jurisdiction
SCHENECTADY
Zoning & alternative use
B-1 · Schenectady, NY
Zoning B-1 · permitted uses
B-1 · Schenectady, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schenectady. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Hen Dia Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
436 DONALD DR, SCHENECTADY, NY 12306-5616
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2024
$366,500
Hen Dia Properties LLC
Henry P Alteri JR
Warranty Deed
—
Feb 14, 2018
—
Henry P Alteri JR
Alteri,henry P JR & Peter
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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