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Mixed-Use Income Property

119 Church Street Saratoga Springs, NY 12866

119 Church Street, Saratoga Springs, NY, 12866
$859,000
For Sale
Claim this Listing
$859,000

MULTI_FAMILY - Saratoga Springs, NY

Property Size2,842 SF
Lot Size0.16 Acres
Price / SF$302.25
AddedApr 16
Days on Market91
Last RefreshJul 15 at 11:06 pm

Property Features for 119 Church Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 2
Parking
6
Parking features
Driveway, Tandem, Off Street
Patio and Porch features
Porch
Interior features
High Speed Internet
Exterior features
Garden
Fencing
Fenced
Standard status
Active
APN
411501 165.50-2-15
Size
2,842 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Annual Amount
9265

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating), Baseboard, Electric (Heating)
Water source
Public

Building Details

Year built
1860
Number of units
3
Flooring type
Carpet, Laminate, Tile - Ceramic
Building materials
Vinyl Siding
Roof type
Rubber, Metal, Asphalt, Shingle

Listing agent Daniel Munn License #31MU0830205

Listing office High Rock Realty 2149 Doubleday Ave., Ste. 2, Saratoga Springs, NY

Listing date Apr 16, 2026

MLS# 202615324 Listing URL

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale mixed-use income property features a three-unit layout: two apartments at the rear, plus a front office or tailor shop space. Reported income currently reflects only the 3BR apartment unit. The two apartments have recently been renovated.

The site includes a large 0.16-acre lot with off-street parking, two sheds, and fencing, along with a garden. The property has lot depth that extends to the alley. A variance is referenced to support use of the tailor shop as a professional office with a sign and off-street parking.

The building is located on Church Street in Saratoga Springs, just a couple blocks from Broadway, providing convenient commercial proximity within the area.

Key Highlights

  • Three‑unit building built in 1860 with two recently renovated apartments (2BR and 3BR) and a reported office/tailor shop space
  • 700+- SF office/tailor shop in front with potential (with variance) for professional office use with a sign and off‑street parking
  • Large 0.16‑acre lot with fenced yard, garden, and two sheds; property extends back to the alley

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $63.1k $22.20
− Vacancy −$2.8k −$1.00
EGI $60.3k $21.20
− OpEx −$18.1k −$6.36
NOI $42.2k $14.84
2,842 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$602.5K
$527.2K – $703.0K (±1% cap)
NOI $42,177 @ 7.0% cap · market cap 4.91%
Second Best
Office B
$549.2K
$480.6K – $640.7K (±1% cap)
NOI $38,444 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$850.7K
$744.3K – $992.4K (±1% cap)
NOI $59,546 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Di Matteo's Custom ... (Bike/Boat/Book/etc) Store Giovanni's Concrete Services Construction Company

Suggested Use

Storage Facility Electrical Service Veterinary Clinic Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit property includes two recently renovated apartments and a front office or tailor shop space.
Where is this triplex located?
The property is located at 119 Church Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Three‑unit building built in 1860 with two recently renovated apartments (2BR and 3BR) and a reported office/tailor shop space; 700+- SF office/tailor shop in front with potential (with variance) for professional office use with a sign and off‑street parking; Large 0.16‑acre lot with fenced yard, garden, and two sheds; property extends back to the alley
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More about this property
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