The Kislak Company, Inc. has been appointed as the exclusive sales broker for the historic Demarest-Lyle House, a 6,200-square-foot turnkey restaurant and event space located at 91 W. Clinton Avenue in Tenafly.
The assignment is being led by Kislak Senior Vice President Tom Scatuorchio and CEO Jason Pucci.
Situated on a 0.51-acre site in the heart of Bergen County, the offering features a fully equipped restaurant and event space complete with indoor seating for 172 guests and outdoor seating for 120. The property includes a new state-of-the-art kitchen, extensive electrical and plumbing upgrades, a full sprinkler system, and 47 on-site parking spaces.
Crucially for potential operators, the sale includes a retail consumption liquor license, all furniture, fixtures, and equipment (FF&E), and a unique Airstream trailer equipped with an outdoor bar.
“This is an exceptional opportunity to acquire an established, well-maintained and ideally located turnkey restaurant in Tenafly, which boasts extremely strong demographics,” Scatuorchio said. “The next owner-operator can be open and operating very quickly.”
The property sits adjacent to the Tenafly Municipal Center and civic green space, just a short walk from the downtown area. Positioned roughly 15 miles north of Midtown Manhattan and seven miles from the George Washington Bridge, the location offers seamless access to major regional transit arteries including Routes 4, 9W, Interstate 95, and the Palisades Interstate Parkway.
Tenafly ranks among the nation’s premier high-earning communities, recognized as the 33rd wealthiest suburb in America according to national indexing tracking top household incomes and property values.
