108/114 Congress Street Saratoga Springs, NY 12866
COMMERCIAL - Other - Saratoga Springs, NY
Property Features for 108/114 Congress Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3
- Parking
- 10
- Parking features
- Off Street
- Security features
- Security System
- Patio and Porch features
- Porch
- Interior features
- Ceramic Tile Bath
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 411501 165.66-2-109
- Size
- 4,228 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6705
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Zoned, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Fiber Cement
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Scott P Varley License #30VA0727304 (518) 281-6808
Listing office KW Platform 382 Broadway, Latham, NY (518) 281-6808
Listing date May 29, 2026
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.
Key Highlights
- High‑visibility corner location just off Broadway in Saratoga Springs.
- Mixed‑use building with an operating, successful food and beverage tenant.
- Second floor available for lease as office or residential space, providing immediate income potential.
Local Financial Insights For Specialty Retail
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 | $91.3k | $21.60 |
| − Vacancy | −$3.8k | −$0.91 |
| EGI | $87.5k | $20.69 |
| − OpEx | −$21.9k | −$5.17 |
| NOI | $65.6k | $15.52 |
