CCertihomes
8390 Seneca, New Hartford, NY 13413

$1,100,000

0 beds 0 baths 4,496 sqft Built 19520 days on marketActive

About this home

This is a rare opportunity to own a thriving, well-established restaurant with over 40 years of success. Established in 1983, Michael T’s Restaurant boasts a rich heritage in the culinary world, with its current owner descending from a lineage of esteemed restaurateurs. Over the years, Michael T’s Restaurant has garnered numerous accolades and titles for its delicious food. Located in a prime area, this 4, 500-square-foot building offers everything you need to step into a successful restaurant, catering and banquet business. It is situated in a great location, ensuring excellent visibility and foot traffic. The owner is flexible and willing to sell or lease the property, making this an incredible opportunity for a passionate entrepreneur to continue the legacy or bring a fresh vision. After four decades of success, the current owner is ready to retire and pass the torch to someone ready to make their mark in the industry. Don’t miss this chance to own a piece of local history and a profitable business!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,459/mo

Real estate (PITI + HOA + PMI)
$7,471
Principal + interest$4,989
Property tax + insurance$2,069
PMI / 2nd mortgage$413
Utilities
$2,619
Heating + cooling$1,160
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$8,459/mo TLC
Budget$8,959/mo
Remaining after TLC$500/mo
Purchase price
$1,100,000
Down payment
$55,000 (5%)
Loan amount
$1,045,000
APR
4%

Quick facts

Type
Business
Style
Year built
1952
Lot size
0.57 ac
Stories
3
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
Public
HOA
Annual tax
$10,795
MLS #
S1584905
County
Oneida

At a glance

Air conditioning
Basement
Garage

Home features

Parking
OnSite
Flooring
Other, SeeRemarks
Roof
Asphalt, Membrane, Rubber
Sewer
PublicSewer

Lot features

Rectangular

Neighborhood — 13413

MetricThis ZIPCountyUSA
Population12,79719,351,094299,088,112
Population Change Since1990-3.00%8.00%20.00%
Population Density705395
Male5,9229,381,926147,432,321
Female6,8759,969,168151,655,844
Never Married2,4994,946,39163,775,926
Married5,6267,166,701123,120,365
Separated4801,159,67312,639,686
Widowed1,2371,110,24515,467,586
Divorced8691,210,44823,075,029
Number Of House Hold4,8807,102,016111,826,380
Average House Hold Size2.472.642.60
Medial Age43.6936.5335.46
Median House Hold Income$50,145$49,847$48,276
Average House Hold Income$64,811$70,032$63,629
P C I$25,607$26,569$24,529
M D I$42,409$42,210$41,133
A T H E$51,840$54,185$50,898
S T R9.00%4.00%
W C J82.92%81.55%77.74%
(Zip) Code
13413

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 1/17/2025. Provided courtesy of Coldwell Banker Faith Properties via Buffalo MLS. Information deemed reliable but not guaranteed.