Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Turn key restaurants

    2688 Hamburg St, Schenectady, NY 12303-3771

    2,880 SF 0.87 ac lot Built 1964
    Individually Owned Free & Clear
    Property ID
    US63-5439347
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1964
    Total area 2,880 SF
    Lot 0.87 ac (37,897 SF)
    Zoning code B-1
    APN 422800 59.11-11-4.1
    UPID US63-5439347
    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
    • Redwood Diner 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
    PETER ANDRIKOPOULOS
    PETER ANDRIKOPOULOS
    Zoning & alternative use
    B-1 · Schenectady, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2688 Hamburg St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message