Reginato's Ristorante in Lake Katrine is listed for $689,000, with the sale covering both the restaurant business and its property. The longtime restaurant, which opened in 1982, now serves dinner three days a week. The listing puts a business run by the Reginato family for 44 years on the market.
The listing details, reported by 101.5 WPDH, show dinner service Friday and Saturday from 3 to 9 p.m. and Sunday from 2 to 7 p.m.; the restaurant is closed Monday through Thursday. The current schedule is also described in commercial listings on LoopNet. The listing provides details about the restaurant's equipment and property.
From Argentine Vineyards to a Converted Farmhouse
The restaurant opened in 1982 in a converted farmhouse on Leggs Mill Road. Founders Roberto and Giampaolo Reginato were born in Italy, later moved to Argentina, and then immigrated to New York, where they had worked in restaurants in New York City and New Jersey, according to 101.5 WPDH.
Roberto Reginato died in 2021, according to obituary records published by Legacy. His nephew Kevin Reginato and Kevin's wife, Stephanie, are part of the restaurant's second generation of family ownership, with Kevin in the kitchen and Stephanie helping run the dining room. Kevin is listed as representing Reginato's in the Ulster County Regional Chamber of Commerce's 2026 directory, 101.5 WPDH reports.
A Civic Fixture Beyond the Kitchen
The Reginatos have built a reputation well beyond the dining room. In October 2024, the Ulster County Italian American Foundation awarded Kevin and Stephanie its “Signore and Signora of the Year” title at the 9th Annual Ulster County Italian Festival, according to a Ulster County government bulletin.
Radio Kingston reported in April 2021 that the restaurant had a renewed patio for screenings and dinners, as Radio Kingston reported. Regional arts patrons have also praised the restaurant's house-made gnocchi and family-led hospitality as standout features, according to a cultural profile from Kingston Happenings.
What's Included in the Sale
The $689,000 asking price covers the restaurant business and property, according to the commercial listing cited by 101.5 WPDH. The listing describes a 3,078-square-foot building on just over one acre, a fully equipped commercial kitchen, seating for 105, outdoor dining and event space, an additional outbuilding, and parking for 30 vehicles.
Real estate disclosures indicate the sellers are open to financing arrangements. No closing date has been announced.
Regional Restaurant Ownership Changes
The listing arrives as independent restaurant owners nationwide face mounting financial pressure. Food and labor costs for U.S. restaurants surged 35 percent between 2020 and 2025, according to The Independent, citing National Restaurant Association data — a squeeze that has hit independent family eateries especially hard.
Another recent regional transaction involved Port of Call in nearby Catskill. Hoodline reported that 80-year-old restaurateur Frank Guido agreed to sell the waterfront building for $1 million to focus on his health. The circumstances differ from Reginato's listing, and the two sales alone do not establish a broader regional trend.
