455 Main Road Greenport, New York, 11944
Transcription
455 Main Road Greenport, New York, 11944
BROWN HARRIS STEVENS ____________________________________ Established 1873 Prime Upscale Restaurant & Inn Fully Furnished and Equipped 455 Main Road Greenport, New York, 11944 FOR FURTHER INFORMATION AND INSPECTION CONTACT: John T. Murray Sr. VP Hotel Sales & Dev. C# 860.306.0410 O# 516.203.8110 David B. Sargoy Director Comm’l RE Division C# 917.805.6441 O# 516.203.8134 jmurray@bhsusa.com dsargoy@bhsusa.com Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 EXECUTIVE SUMMARY INTRODUCTION BROWN HARRIS STEVENS has been retained on exclusive basis to arrange for the sale of 455 Main Road, Green port, New York 11944, formerly known as the ‘Shady Lady Restaurant and Inn’. THE PROPERTY The property is situated on 3.59 acres including the Restaurant/Inn and large, fully renovated residence with a 2-car detached garage. TOURS OF THE PROPERTY Inspection of the property will be arranged by appointment only. Kindly do not attempt to inspect independently. Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 GREENPORT and the NORTH FORK The rural North Fork of Long Island is situated about 90 miles east of New York City, surrounded by water, with Peconic Bay to its south and Long Island Sound to its north. It is a prime vacation, weekend and daytrip destination for residents of the city, western Long Island and beyond, with its beaches, boating waters, and many vineyards, wineries and farm stands among its major attractions. Once on the North Fork, visitors invariably find their way to historic Greenport, named one of America’s prettiest towns by Forbes Magazine in 2011. Because of its fine harbor, Greenport became a bustling whaling port, ship building and oystering center in the 19th and early 20th centuries. The village’s rich architectural and maritime heritage creates a charming, walkable environment for 21st century tourists and locals alike. After touring local wineries, enjoying sandy beaches or sailing the Peconic Bay (Yachting Magazine named Greenport one of the 50 best yachting destinations in North America), visitors flock to Greenport for its vibrant restaurant scene, fast developing to serve a clientele with strong interest in wine and food. From the venerable Claudio’s family restaurant to the contemporary Frisky Oyster, Noah’s, North Fork Oyster Company, and Blue Canoe and Scrimshaw on the waterfront, there are cuisines and settings to satisfy many tastes. Greenport is a destination for accommodation too, with hotels and bed and breakfasts within easy distance of the downtown business district, the Long Island Railroad station and Hampton Jitney stop, and several marinas serving those arriving by boat. Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 PROPERTY INTRODUCTION For many years, this property formerly known as the ‘Shady Lady Restaurant and Inn’ was one of the top destinations on the North Fork. Local residents and tourists would come for the fine indoor and outdoor dining, or to meet at the bar with friends and family. The outside patio area hosted numerous cocktail parties, weddings, meetings, fundraisers and other events. Many of the bridal parties and families would stay in the large, elegant suites. The location is excellent, as it is adjacent to vineyards and minutes to downtown Greenport, the magnificent beaches, golf at Islands End Golf Course and the ferry to Shelter Island or Sag Harbor. Many New York City people took the train to Greenport for long weekends at the Inn. The property has enough land to install a swimming pool and tennis court. Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 GENERAL INFORMATION LOCATION: 455 Main Road Greenport, New York 11944-1427 District 1000 Section 3500 Block 100 Lots 21 & 22 The property is located just east of the intersection of Main Street and Route 25. It is minutes from downtown Greenport and Islands End Golf Course. PLOT SIZE: 3.59 acres ZONING: LB BUILDING SIZE: Main Building 16,000± sf on 3 floors Residential Building 3,000± sf on 2 floors plus basement Detached 2 Car Garage Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 PARKING: 32 Spots HEAT: Gas POWER: 800 amps ALARMS: Fire Alarm System SPRINKLERS: Basement AIR CONDITIONING: Central WATER: Suffolk County Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 THE MARKET GREENPORT has become a major destination for tourists and Long Islanders. From Greenport, ferries are available to some of New York’s other tourist attractions such as Sag Harbor and Shelter Island. There are numerous wineries along the North Fork, and golfing at Islands End Golf Course. The restaurants are fabulous with the famous Claudio’s on the water serving as a major attraction. Greenport features several boutique type Inns and Hotels with room rates typically ranging anywhere from $170 to $350 per night based on weekday versus weekend and amenities offered. THIS PROPERTY had previously attracted numerous visitors to its restaurant and bar on a year round basis. It was extremely popular with year round residents from the North Fork and especially during tourist season which starts in May and goes until the end of October. The large suites at the Inn attracted both families and couples. It has been one of the few destinations in Greenport that could accommodate meetings, conferences, weddings and other events. Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 PROPERTY INTRODUCTION INN, RESTAURANT AND BAR Floor 1 Main Dining Room Secondary Dining Room Main Bar Secondary Bar Outdoor Area Full Kitchen Prep Room Offices Bathrooms Handicapped Liftavator 1 Suite Floor 2 8 Suites featuring Elegant Interior Décor Large spacious rooms 6 Suites have sitting area and balconies Basement Utility Rooms Storage Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 DINING ROOM & HALL SITTING AREA Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 BAR & RESTAURANT Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 BAR & SITTING AREAS Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 OUTSIDE AREA Located adjacent to the main building Used for parties, receptions and meeting Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 RESIDENTIAL BUILDING This building has been renovated and can be utilized as a main residence, staff housing, or converted into a spa or other alternative use Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties. BROWN HARRIS STEVENS ____________________________________ Established 1873 FINANCIAL INFORMATION PURCHASE PRICE REAL ESTATE TAXES $3,500,000 $46,364 Brown Harris Stevens Commercial Real Estate, LLC 99 Powerhouse Road, Suite 305, Roslyn Heights, New York 11577 Tel 516.203.8100 Fax 516.203.8199 Email bhsli@bhsusa.com wwwBHScommercialLI.com This transaction is subject to negotiation, execution, and delivery of mutually acceptable documents by the parties and to satisfaction of all terms and conditions of such documents. All information herein is from sources deemed reliable but should be verified and confirmed by the parties.