Corner Office
For Sale
Contact for pricing
Pending
120 West Avenue #201, Saratoga Springs, NY 12866
A 2008 office property includes shared conference rooms, elevator access, and private parking.
Property Size350 SF
Days on Market78
Property Features for 120 West Avenue #201
General Information
Standard status
Pending
Size
350 SF
Elevators
Yes
Property subtype
Office
Additional Details
Property Use
Office
Amenities
shared conference rooms
Building Details
Year Built
2008
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Amy L Sutton · License #30SU0496141
(518) 527-3564
Source:
Simplywoodardrealestate
Added: Aug 19
Changed: Nov 3
Last Checked: Nov 4 at 8:57AM
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 Roohan Realty
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Investment Insights
Based on property information with market context.
Suite 201 is a 350-square-foot corner office in a building constructed in 2008. The property includes an elevator, private parking, and shared conference rooms.
Located at 120 West Avenue in Saratoga Springs, the office is along the West Avenue corridor. Several large windows bring natural light into the suite.
Located at 120 West Avenue in Saratoga Springs, the office is along the West Avenue corridor. Several large windows bring natural light into the suite.
Key Highlights
- 350‑square‑foot corner office in Suite 201
- Several large windows provide natural light
- Elevator access and shared conference rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,734
Suggested Prices Based on Cap Rates
Cap Rate 5%
$94,680
$94.7K
Cap Rate 7%
$67,629
$67.6K
Cap Rate 9%
$52,600
$52.6K
Market Conditions
NOI Build-Up for 350 SF
Gross rent
$7.6K $21.60/SF
− Vacancy
−$1.2K −$3.56/SF
EGI
$6.3K $18.04/SF
− OpEx
−$1.6K −$4.51/SF
NOI
$4.7K $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%
$94,680
Cap Rate 7%
$67,629
Cap Rate 9%
$52,600
Alternative Uses
Best Use
Office B
$67.6K
$59.2K – $78.9K
NOI $4,734 @ 7.0% cap · market cap 315.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$104.8K
$91.7K – $122.2K
NOI $7,333 @ 7.0% cap · market cap 488.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A 2008 office property includes shared conference rooms, elevator access, and private parking.
Where is this office unit located?
The property is located at 120 West Avenue #201 Saratoga Springs, NY.
What are key features of this property?
This property features: 350‑square‑foot corner office in Suite 201; Several large windows provide natural light; Elevator access and shared conference rooms
