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Financial
Distress signals
Property profile

76 State Route 214 Phoenicia, NY 12464

FOR SALE
Turn key restaurants
Property ID
US63-2748594
0.47 ac lot
Last sale Oct 2018 · $230,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,800 square foot property at 76 State Route 214 in Phoenicia, NY presents a unique investment opportunity. Situated on a 0.47-acre lot, this landmark establishment, known as Tavern 214, boasts a thriving restaurant business with all equipment included. The main floor features a 1,000 square foot dining room complemented by a beautifully updated bar, and an additional 1,000 square feet of adaptable space. Outdoor dining is enhanced by a spacious covered porch. The property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$67k
Assessed land$7k
Assessed improvement$60k

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 4.04% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$195/SF
County average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$98 – $337

Cap rate analysis

How does the asset earn?
4.04%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionULSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.3
Dry Cleaner8.2
Laundry Service8.2

Location

76 State Route 214 Phoenicia, NY 12464
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5681 Rte 28, Phoenicia, NY 12464 $1,600,000 Sep 2025 No data
10 Rte 214, Phoenicia, NY 12464 $230,000 Nov 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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