www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32949004
32949014

40 Vassar Road, Poughkeepsie, NY 12603

JQ
NY 10311203141
Quinn Realty Group
Listed by Quinn Realty Group
$199,999
12 days on market
Updated 12 days ago

Monkey Maghees - Business Asset Sale

Details
Property Type Retail, Business for Sale
Sub Type Restaurant, Bar (+1)
Square Footage 1,500
Units 50
NOI $275,000
Tenancy Multi
Lease Type NNN
Lease Term 5
Lease Expiration 05/27/2032
Remaining Term 15
Rent Bumps Yes
Lease Options 5 year with 2 five year options
Price per SqFt $130
Year Built 0
Year Renovated 2012
Zoning Bar / Business
Parking Spaces 100 spaces
Parking Per SqFt 66.67
Investment Type Owner/User
Tenant Credit No Credit Rating
Lease Commencement 05/27/2026
Occupancy Date 05/27/2026
Ground Lease No
Sale Condition N/A

Turn-key neighborhood pub business / asset sale in Red Oaks Mill Plaza.

Marketing description

Monkey Maghees is a turn-key neighborhood pub business and asset sale located at 40 Vassar Road, Unit 4 in Red Oaks Mill Plaza in Poughkeepsie, NY. This opportunity is for the operating business and included assets at the leased premises. Real estate is not included.

The business offers a recognizable local bar concept with visible plaza frontage, shared parking, practical bar infrastructure, and an established repeat-customer base. The venue includes bar and lounge areas with game and entertainment appeal, including pool, darts, sports viewing, karaoke/live-music potential, private parties, and event-driven upside.

Seller guidance indicates current monthly sales of roughly $inquiredirect. Serious inquiries may request the buyer packet and supporting materials. Buyers should independently verify all listing, financial, lease, licensing, fixture, inventory, condition, zoning, and included-asset details.

Investment highlights

Business / asset sale only; real estate is not included.

Established neighborhood pub with recognizable local presence and repeat-customer appeal.

High-traffic Red Oaks Mill Plaza setting with visible storefront and shared parking.

Approx. 1,500 SF bar/lounge footprint with fixtures, furnishings, POS, and equipment package, subject to buyer verification.

Pool, darts, sports viewing, karaoke/live music, private parties, and event upside.

Seller guidance indicates roughly $25k-$30k in current monthly sales; qualified buyers should verify all financials and included assets.

Listing Contacts

JQ
NY 10311203141
Quinn Realty Group
Listed by Quinn Realty Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$275,000.00
$22,916.67/mo

Valuation Metrics

0
DSCR
137.5%
Cap Rate
137.5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ryan Sylvestri
License
10301220700
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591