405 Broadway

Investment Highlights

Restaurant 5 Apartments Bar

Executive Summary

This turn-key restaurant has been a staple of the community and has had much success for over 22 years. This building has much to offer as it resides in a GC zone, between Port Ewen and Esopus. In addition, there are 5 occupied apartments and plenty of off-street parking. All apartments are occupied by long-term tenants. Tenants pay for all utilities. Plenty of other options may be available for the restaurant space based upon the zoning permitted uses. Restaurant area has an additional party room perfect for catering or private parties. Great opportunity for an investor, someone who wants to open a business, or both!

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Freestanding General Retail Storefront Retail/Residential Restaurant
• Building Size    6,002
• Building Class    C
• Year Built    1940
• Price    1,500,000
• Price Per SF    250
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.14
• Land Acres    1.00 AC