Corner Office
For Sale
Contact for pricing
120 West Ave, Saratoga Springs, NY 12866
Suite 201 combines central air, elevator access, shared conference rooms, and dedicated parking.
Property Size31,799 SF
Price / SF$0.08
Days on Market53
Property Features for 120 West Ave
General Information
Standard status
Active
Size
31,799 SF
Elevators
Yes
Property subtype
Commercial
Amenities
shared conference rooms
Building Details
Year Built
2008
Listing Agency:
Continuum Commercial Realty
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Aug 25
Changed: Oct 15
Last Checked: Oct 14 at 10:41PM
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 Continuum Commercial Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 201 is a 350-square-foot corner office within an office property built in 2008. The space includes central air, several large windows, and access to shared conference rooms, with elevator service supporting the building’s office layout.
The property is located at 120 West Ave in Saratoga Springs, along the West Ave corridor. Private parking is provided on site, with 40 parking spaces available for the property. The office configuration and shared amenities support professional workspace use.
The property is located at 120 West Ave in Saratoga Springs, along the West Ave corridor. Private parking is provided on site, with 40 parking spaces available for the property. The office configuration and shared amenities support professional workspace use.
Key Highlights
- 350 SF corner office in Suite 201
- Central air conditioning
- Elevator‑served office building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$430,145
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,602,900
$8.6M
Cap Rate 7%
$6,144,929
$6.1M
Cap Rate 9%
$4,779,389
$4.8M
Market Conditions
NOI Build-Up for 31,799 SF
Gross rent
$686.9K $21.60/SF
− Vacancy
−$113.3K −$3.56/SF
EGI
$573.5K $18.04/SF
− OpEx
−$143.4K −$4.51/SF
NOI
$430.1K $13.53/SF
Area
Saratoga County, NY
Vacancy
16.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,602,900
Cap Rate 7%
$6,144,929
Cap Rate 9%
$4,779,389
Alternative Uses
Best Use
Office B
$6.14M
$5.38M – $7.17M
NOI $430,145 @ 7.0% cap · market cap 17,556.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.52M
$8.33M – $11.10M
NOI $666,253 @ 7.0% cap · market cap 27,194.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Suite 201 combines central air, elevator access, shared conference rooms, and dedicated parking.
Where is this office units located?
The property is located at 120 West Ave Saratoga Springs, NY.
What are key features of this property?
This property features: 350 SF corner office in Suite 201; Central air conditioning; Elevator‑served office building
