144 South Street #NY, Glens Falls, NY 12801
Well-constructed office building with prime location and many amenities.
- Added:
- Mar 18, 2026
- Days on Market:
- 111
- Last Refresh:
- Mar 18 at 7:53 am
Property Features for 144 South Street #NY
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Lot size
- 0.34 Acres
Building Details
- Year Built
- 2002
Listing office SCHERMERHORN REALTY GROUP LLC (518) 470-3131
Listing date Mar 18, 2026
Source Corcoran
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 SCHERMERHORN REALTY GROUP LLC
HighLights
- Prime downtown Glens Falls location
- Versatile commercial space suitable for medical, dental, lab, or office use
- Spacious, well‑constructed office building
- Opportunity to purchase fully furnished
- Built in 2002
- Amenities to facilitate immediate business operation
Overview
Local Financial Insights For Office B
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 | $45.6k | $24.00 |
| − Vacancy | −$6.4k | −$3.36 |
| EGI | $39.2k | $20.64 |
| − OpEx | −$9.8k | −$5.16 |
| NOI | $29.4k | $15.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Glens Falls
- County
- Warren
- State
- New York
- Longitude
- -73.6499173
- Latitude
- 43.3041682
