Cushman & Wakefield Arranges Sale of Claudio’s Restaurant in Greenport, NY

4/16/18

Cushman & Wakefield announced today that the firm has arranged the sale of Claudio’s Restaurant, a prime retail complex located at 111 Main St, Greenport, NY.

A Cushman & Wakefield team of Senior Managing Director Guthrie Garvin, Director Michael Gembecki and Associate Alexander Ballrepresented the seller, The Claudio Family, in the transaction. The Cushman team is also marketing the nearby Chequit Inn, a boutique hotel located in Shelter Island.

“The Claudio’s brand has been a landmark in the North Fork for over 100 years,” said Guthrie Garvin of Cushman & Wakefield. “We are proud and honored to have assisted The Claudio Family in selling this treasured asset and in beginning the next chapter for Greenport’s docks.”

The complex consists of three well established restaurants, including Claudio’s, Claudio’s Clam Bar and Crabby Jerry’s. The property also includes two deep water docks, 2.16 developable acres, and 1,600’ of bulkheading. Claudio’s is the oldest family-owned restaurant in the U.S., and has been a landmark dining destination since 1870, attracting locals and tourists alike to views of Greenport Harbor and Shelter Island.

The home of Claudio’s for 148 years, Greenport, NY is a charming and vibrant village on Long Island’s North Fork, drawing a diverse crowd with the village’s historic seaport charm, unique shopping experiences, acclaimed restaurants, fine art scene and stunning public spaces. The site is just a two-hour drive from New York City and is adjacent to Mitchell Park & Marina, which houses a vintage Jess Owen Carousel House and a 62-slip marina.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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