40 Sterling Rd - Restaurant FOR SALE


Greenwood Lake, NY 10925
$3,700,000 USD
914-262-2598
40 Sterling Rd, Greenwood Lake, NY for Sale
$3,700,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

40 Sterling Rd
Greenwood Lake, NY 10925


HIGHLIGHTS

  • Beautiful Lakeside Restaurant, Bar, Marina, and Boutique Hotel

OVERVIEW

Exclusive Lakeside Restaurant, Bar, Marina, & Boutique Hotel Opportunity in Upstate NY 40 Sterling Rd, Greenwood Lake, NY 10925 Presenting a rare and exceptional opportunity to own a thriving hospitality assemblage in the heart of Greenwood Lake, NY. Nestled on two deeded and meticulously maintained lakeside properties, this multifaceted venue offers: 15,709 ft² of beautifully crafted, versatile building space. A private indoor dining room with a handcrafted stone fireplace seating 95 guests, plus an additional 80 seats in the bar/pool lounge. An outdoor deck and event space accommodating up to 250 guests, ideal for weddings, private parties, and corporate events. Charming lakefront ceremonial settings and an enclosed Tiki Bar to create unforgettable experiences. A revenue-producing marina with boat slips on historic Greenwood Lake. Redevelopment Potential This turnkey business is a fully operational and profitable package, ready for immediate ownership and management. The property also presents a once-in-a-lifetime redevelopment opportunity to transform it into a boutique hotel and spa, capitalizing on its historic lakefront location and proximity to NYC. Key Features Indoor and outdoor event spaces are designed to host large-scale gatherings. Iconic lakeside ambiance, perfect for drawing a diverse clientele, including locals, tourists, and destination event seekers. Proven profitability with untapped growth potential in the hospitality market. Investment Highlights Calling all NYC hospitality groups and visionary entrepreneurs! This property offers both stability and growth in a market with increasing demand for upscale, all-in-one hospitality venues. Listing Price: $3,700,000. Take advantage of this rare opportunity to acquire a thriving and multi-revenue stream property with unmatched lakeside charm. Contact us today for more information or to schedule a private tour.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$606 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lakeside Restaurant, Bar, Marina and Hotel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

400

APN/PARCEL ID

335403-316-000-0002-008.100-0000

ASK ABOUT THIS PROPERTY

Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

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Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.