7588 N Broadway, Red Hook, NY, 12571 | $999,999

Prime Turnkey Restaurant Opportunity with Recent Renovations | Rooftop Dining Potential in the heart of Red Hook, one of the Hudson Valley’s most charming and vibrant communities. This fully renovated, turnkey high-end restaurant is now available for sale — a perfect match for visionary chefs and restaurateurs ready to make their mark. Property Highlights: Over $300, 000 in recent top-to-bottom renovations including kitchen, bar, dining area, and mechanicals. Rooftop dining potential – stunning views and elevated experiences await with the right vision. Chic, modern interior with elegant finishes and a layout designed for operational efficiency. Prime location in the heart of Red Hook’s bustling village center – surrounded by shops, galleries, and foot traffic. Complete turnkey sale – all furniture, fixtures, and equipment included, Fully licensed and compliant – start serving from day one. Bring your creative culinary talents to a ready-to-go space designed for innovation and success. This is a rare chance to own and operate a destination restaurant in a community that values great food, warm hospitality, and local charm. Red Hook is known for its supportive community and growing food scene – making this an ideal setting for a bold, chef-driven concept. Don’t miss this chance to own one of the most exciting hospitality spaces in the Hudson Valley.

Features

  • Property Type: Business
  • Utilities: None
  • Parking: 22-car, Off Street
  • Heating: Forced Air, Oil
  • Cooling: Central Air
  • Year Built: 1975
  • Acreage: 0.29
  • Est. Taxes: $9,482
  • Appliances: Other
  • MLS#: 860100
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/860100/7588nbroadway_redhook_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of RE/MAX Town & Country   Phone: 845-765-6128

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7588 N Broadway, Red Hook, NY, 12571

$999,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $799,999 $799,999 $799,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.750% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.761% 6.865% 6.560%
Monthly Tax Payment $790 $790 $790
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,732 $5,189 $6,914
Total Monthly Payment $5,614 $6,071 $7,796

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.