Legends and East on Main restaurants both go up for sale
Legends Restaurant in New Suffolk. (Credit: Courtesy of Compass Commercial)
Two North Fork restaurants have recently gone on sale.
New Suffolk Base Legends (835 First Street) have been listed for $4.25 million by Hal Zwick and Jeff Sztorc of Compass. The restaurant, which has been owned and operated by Diane and Dennis Harkoff since 1993, also includes residential chalets.
“Diane and Dennis created a great environment there,” Zwick said. “It’s in a very special community, a very special city.”
Zwick said there’s already been a lot of interest in the listing, which he attributes to both the restaurant’s popularity and the flexibility of the space.
“It’s like two separate places,” he says. “If you want a nice, quiet dinner, there’s the formal dining room, and if you want a sports bar environment, you’ve got the right side.”
The adjoining cottage and cottage can be used for staff accommodation, which Zwick says is a great asset for any catering business.
“You basically have the full restaurant on first street and the house and cottage on second street with a path in between,” he said.
With Legends open year-round with strong sales volume, according to Zwick, the potential for a potential buyer is huge.
“Someone could come in and do their own concept, or they could evolve Dennis and Diane’s concept. You basically get a turnkey restaurant – good food, good dining, good bar in an idyllic waterfront town.
In Mattituck, the East On Main (10560 Main Road) business (not the property) is for sale for $325,000listed by Frederick Markham and Maureen Orientale of Daniel Gale Sotheby’s International Realty.
The Main Road restaurant has been open since 2018 and is owned and operated by Antonio and Stephanie Piraino. It seats around 200 and has a tavern and dining room.
“It’s right on the main road, with ample exposure,” Orientale said. “They’ve done some interior renovations, so it’s ready for someone else to come in and expand on what’s already been done. There is a huge commercial kitchen,”
Orientale loves the warm decor of the space, including a fireplace in the tavern and dining room. East On Main could be a way to access local dining, Orientale said.
“If anyone is interested in the culinary or hospitality industry, this is a great entry into North Fork,” she said.