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
[email protected]
[email protected]
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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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 [email protected] 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.