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6-Unit Renovated Apartment Property
For Sale
$3,850,000

1-6-182 Excelsior Ave, Saratoga Springs, NY 12866

Two restored historic buildings contain separately deeded residences and are offered together under common ownership.

Property Size4,204 SF
Price / SF$915.79
Days on Market13

Property Features for 1-6-182 Excelsior Ave

General Information

Standard status Active
Size 4,204 SF

Units

Unit Mix 6 x 2BR/2BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $29,521

Building Details

Buildings 2
Listing Agency: eXp Realty
Listed By: Shannon McCarthy · License #40MC0957025
Source: Exprealty
Added: Oct 4 Changed: Oct 15 Last Checked: Oct 15 at 2:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

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Investment Insights

Based on property information with market context.

This six-unit residential property spans two historic buildings: four residences in the Main House and two in the Carriage House. The interiors were rebuilt from the studs, with updated systems, finishes, and amenities. Each residence has 2 bedrooms and 2 full baths, and the combined property contains 4,204 square feet. All six condominium units are offered as one package, giving the owner control of the condominium association. The units are separately deeded, and the property may support traditional, condominium, or short-term rentals where permitted.

The property sits beside the Spring Run Trail, which connects to the local bike path network. Downtown Saratoga Springs and the Saratoga Race Course are accessible from the property.

Key Highlights

  • Six separately deeded condominium residences offered together; ownership includes control of the association
  • 4,204 square feet across two historic buildings: four residences in the Main House and two in the Carriage House
  • Each residence has 2 bedrooms and 2 full baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Storage Facility Electrical Service (Bike/Boat/Book/etc) 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,022
Businesses Nearby

Demographics for 12866, NY

40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two restored historic buildings contain separately deeded residences and are offered together under common ownership.
Where is this apartment building located?
The property is located at 1-6-182 Excelsior Ave Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Six separately deeded condominium residences offered together; ownership includes control of the association; 4,204 square feet across two historic buildings: four residences in the Main House and two in the Carriage House; Each residence has 2 bedrooms and 2 full baths
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