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Coffee Shop Building
For Sale
$194,900

33 Ferry Street, Schuylerville, NY 12871

Commercial Sale, Schuylerville, NY

Property Size1,200 SF
Lot Size0.01 Acres
Price / SF$162.42
Days on Market329

Property Features for 33 Ferry Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 10
Parking features Off Street, On Street
Exterior features Lighting
Basement Full, Unfinished, Partial
Accessibility Accessible Approach with Ramp
Lot features Private, Road Frontage, Level, Landscaped
Elementary school Schuylerville
High school Schuylerville
Elementary school district Schuylerville
Middle school district Schuylerville
High school district Schuylerville
Directions Route 29 east to broad St. in Schuylerville go to next traffic light go left property on right.
Standard status Active
APN 415001 157.64-1-74.1
Size 1,200 SF
Lot size 0.01 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1930
Floors in Building 1
Flooring type Hardwood
Building materials Frame
Roof type Metal, Asbestos Shingle
Architectural style Other
Listing Agency: Julie & Co Realty LLC
Listed By: Harold W Reiser · License #30RE0983407
Added: Oct 15, 2025 Changed: Sep 4 Last Checked: Sep 8 at 11:06AM
MLS# 202527817

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 1,200-square-foot commercial building is currently configured for a coffee and breakfast restaurant. The property has a frame structure, hardwood flooring, central air conditioning, natural-gas forced-air heat, and a bathroom. Public water and sewer serve the building, while an accessible ramp provides entry. The roof includes asbestos shingle and metal sections.

Positioned on Route 29 in downtown Schuylerville, the property fronts the community’s primary east-west route, with reported daily traffic of 10,000 to 12,000 vehicles. The site is near a marina, Fort Hardy Park, the Hudson River, and three restaurants. Parking is available both on and off the street, with some spaces shared with a neighboring restaurant.

Key Highlights

  • 1,200 Sq ft commercial building currently configured for a coffee and breakfast restaurant
  • Located on Route 29 in downtown Schuylerville
  • Reported traffic volume of 10,000 to 12,000 vehicles daily

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,485
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.43%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$289,700 $289.7K
Cap Rate 7%
$206,929 $206.9K
Cap Rate 9%
$160,944 $160.9K
Market Conditions
NOI Build-Up for 1,200 SF 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.
Gross rent
$21.6K $18.00/SF
− Vacancy
−$907 −$0.76/SF
EGI
$20.7K $17.24/SF
− OpEx
−$6.2K −$5.17/SF
NOI
$14.5K $12.07/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$289,700
Cap Rate 7%
$206,929
Cap Rate 9%
$160,944

Alternative Uses

Best Use
Specialty Retail
$266.1K
$232.8K – $310.4K (±1% cap)
NOI $18,624 @ 7.0% cap · market cap 9.56%
Second Best
Retail
$206.9K
$181.1K – $241.4K (±1% cap)
NOI $14,485 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$359.2K
$314.3K – $419.0K (±1% cap)
NOI $25,142 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Kickstart Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Building Supply Dental Office Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Dining 10%
Dollar General Shops & Services
6,752 visits/mo 0.4 miles
Cumberland Farms Shops & Services
4,738 visits/mo 0.2 miles
SUBWAY Dining
1,223 visits/mo 0.3 miles

Demographics for 12871, NY

3,934
Population
1,844
Households
2.1
Avg Household Size
41
Median Age
34%
College-Educated
94%
High-School Grad
27.9 sq mi
ZIP Area
141
Density / Sq Mi
$83,775
Median Household Income
$48,561
Median Earnings
$1,103
Median Rent
$246,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Village Tart 63 Broad St, Schuylerville, NY 12871
  • Kickstart Cafe 33 Ferry St, Schuylerville, NY 12871

Frequently Asked Questions

What type of property is this?
Coffee shop - Commercially zoned building with central air, forced-air heat, and public water and sewer.
Where is this coffee shop located?
The property is located at 33 Ferry Street Schuylerville, NY.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: 1,200 Sq ft commercial building currently configured for a coffee and breakfast restaurant; Located on Route 29 in downtown Schuylerville; Reported traffic volume of 10,000 to 12,000 vehicles daily
More about this property
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