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Renovated Live-Work Property
New
For Lease
$1,500/Mo

12482 Broadway St, Alden, NY 14004

Updated residence with attached commercial wing, private separation, on-site parking, and flexible professional or retail use.

Space Size1,200 SF
Property Size4,960 SF
Lot Size1.40 Acres
Days on Market2

Property Features for 12482 Broadway St

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Lot size 1.40 Acres
Property subtype Commercial

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Live-Work
Condition Turnkey

Lease Terms

Lease Rate $1,500 /USD/MO
Monthly Rent $1,500
Rent per SF/Year $15

Taxes and HOA fees

Annual Taxes $377,139

Building Details

Building Size 4,960 SF
Year Built 1950
Listing Agency: Nichol City Realty
Listed By: Shannon L McNichol · License #10491201898
Source: Elliman
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 4:48AM

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 Nichol City Realty

Investment Insights

Based on property information with market context.

This live-work property combines a renovated 4-bedroom residence with an attached 1,200 SF commercial wing. The home includes a granite eat-in kitchen, first-floor laundry, two separate full basements, an attached 2-car garage, and a private yard on 1.4 acres. The commercial area has been fully renovated and arranged for professional, retail, studio, salon/barber, or medical use, while remaining connected to the residence with functional separation between the two areas.

The property is located at 12482 Broadway St in Alden, New York, with on-site parking and a 1950 construction date. The source information identifies a potential 15% cap rate and describes separate residential and storefront rent estimates. Walk Score is 28 and bikeScore is 31, with the property characterized as car-dependent and somewhat bikeable.

Key Highlights

  • 4‑bedroom residence paired with an attached 1,200 SF commercial wing
  • Commercial area renovated for professional, retail, studio, salon/barber, or medical use
  • 1.4 acres with a private yard and ample on‑site parking

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop Dental Office Hair Salon Auto Parts Store Pharmacy Building Supply

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 14004, NY

11,583
Population
4,386
Households
2.6
Avg Household Size
47
Median Age
22%
College-Educated
91%
High-School Grad
48.6 sq mi
ZIP Area
238
Density / Sq Mi
$88,011
Median Household Income
$51,981
Median Earnings
$754
Median Rent
$236,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Updated residence with attached commercial wing, private separation, on-site parking, and flexible professional or retail use.
Where is this live-work space located?
The property is located at 12482 Broadway St Alden, NY.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 4‑bedroom residence paired with an attached 1,200 SF commercial wing; Commercial area renovated for professional, retail, studio, salon/barber, or medical use; 1.4 acres with a private yard and ample on‑site parking
More about this property
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