2688 Hamburg St, Schenectady, NY 12303-3771
This exceptional commercial property, located at 2688 Hamburg Street in Schenectady, New York, presents a unique investment opportunity. The 2,900 square foot building sits on a substantial 37,897 square foot lot, offering significant potential for various commercial ventures. Currently operating as a well-established diner for 46 years, the property boasts a strong history and loyal customer base. The diner features ample indoor seating for approximately 99 patrons and additional covered outdoor seating for 40. All restaurant equipment is included in the sale, ensuring a seamless transition for a new owner. The property's convenient location in Schenectady, NY, zip code 12303, ensures high visibility and accessibility. The diner's established hours of operation are Tuesday through Saturday, 8 AM to 8 PM, and Sunday, 8 AM to 3 PM, with Mondays closed. The property's size and location make it ideal for a variety of commercial uses, offering a compelling investment opportunity with significant upside potential. Detailed property and inventory documents are available upon request. This is a turnkey operation ready for a new owner to step in and continue the success of this long-standing business. The property is situated in Schenectady County, New York, and offers a rare chance to acquire a well-established business with a proven track record.
-
Redwood Diner Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Schenectady, NYSchenectady. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.