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1 King St

Marlboro, NY 12542

$419,000

Restaurant For Sale  •  3,332 Sq Ft

Property Details

  • Property Type Restaurant
  • Total Building Size 3,332 Sq Ft
  • Lot Size 0.12 ac
  • Building Class C
  • Year Built 1970
  • Cap Rate 8.62 %
  • Zoning C
0 Transit Score
56 Walk Score

Description

The time is right for an operator who can revive the once vibrant atmosphere and thoughtful menu this area so badly needs.   This restaurant is in move-in condition and was once one of the hottest "go to" places in the Hudson Valley.  The brick structure, mechanicals, and kitchen are in very good condition.  Great bar and contemporary design features.  And, the price has been recently reduced to $419,000.  The attached brochure provides all the key details, but please call with any questions.

Highlights

Reputation, Location
Inviting / Friendly Bar
Great Social Experience

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $0 (2019)
Cap Rate: 8.62 %

Amenities

  • Banking
  • Metro/Subway
  • Property Manager on Site
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Storage Space

Public Transportation

AirportDriveWalkDistance
Stewart International Airport 25 min - 13.9 mi
John DeMarco 845-206-3667 Century 21 Alliance Realty Group
John DeMarco 845-206-3667 Century 21 Alliance Realty Group