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Commercial Office with Finished Basement

235 Saratoga Road Glenville, NY 12302

235 Saratoga Road, Glenville, NY, 12302
$299,000
Pending
For Sale
Claim this Listing
$299,000
Pending

COMMERCIAL - Glenville, NY

Property Size1,200 SF
Lot Size0.49 Acres
AddedJan 31, 2025
Days on Market531
Last RefreshJul 16 at 7:06 am

Property Features for 235 Saratoga Road

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Parking
8
Parking features
Off Street
Standard status
Pending
APN
422289 22.11-3-16.1
Size
1,200 SF
Lot size
0.49 Acres

Taxes and HOA fees

Tax Annual Amount
6302

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard, Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1958
Floors in Building
1
Building materials
Brick, Drywall

Listing agent Karen Zalewski-Wildzunas License #10301219752

Listing office Berkshire Hathaway Home Services Blake 3 Winners Circle Suite 305, Albany, NY

Listing date Jan 31, 2025

MLS# 202511428

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 commercial office property is arranged with four thoughtfully designed office spaces plus a welcoming lobby and two restrooms. In addition to the main level, the fully finished basement provides two extra rooms and generous storage space, creating practical flexibility for administrative support, overflow work areas, or additional tenant needs.

Located at 235 Saratoga Road in Glenville, New York, the building sits within a Commercial zoning framework. The site encompasses 0.49 acres, offering room for the property’s immediate use and operations.

Suitable for owner-occupants and small teams seeking a finished, move-in-ready environment, the layout supports a traditional office workflow with separate rooms and convenient restroom access. Buyers evaluating flexible space will also appreciate the basement’s added rooms and storage capacity, which can help accommodate changing operational needs without requiring a full layout redesign. For tenants or operators looking for an office configuration that goes beyond a single-level plan, this property’s combination of offices, lobby, and finished lower space provides a workable foundation for a range of office-oriented uses.

Key Highlights

  • Commercial property built in 1958 with brick and drywall construction
  • Interior includes four offices, a lobby, and two restrooms
  • Fully finished basement with two additional rooms and generous storage space

Local Financial Insights For Office B

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 $31.7k $26.40
− Vacancy −$4.7k −$3.93
EGI $27.0k $22.47
− OpEx −$6.7k −$5.62
NOI $20.2k $16.85
1,200 SF · lease $26.40/SF/yr · vacancy 14.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$288.9K
$252.8K – $337.0K (±1% cap)
NOI $20,220 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.2K
$314.3K – $419.0K (±1% cap)
NOI $25,142 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Payprep Accounting Firm Marvin S Hertzman ... Tax Preparation

Suggested Use

Law Firm Dental Office Building Supply Auto Repair Shop Real Estate Agency HVAC Service Parking Lot & Garage Spa & Massage Center Hair Salon Gym & Fitness Center

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

FAQs

What type of property is this?
Office space - A compact office setup with four rooms, lobby, two restrooms, and a finished basement for added flexibility.
Where is this office space located?
The property is located at 235 Saratoga Road Glenville, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Commercial property built in 1958 with brick and drywall construction; Interior includes four offices, a lobby, and two restrooms; Fully finished basement with two additional rooms and generous storage space
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