Climate-Controlled Flex
For Sale
Contact for pricing
152 Henry Street, Saratoga Springs, NY 12866
The multi-room layout includes a dedicated office and shared half bath.
Property Size4,087 SF
Price / SF$0.37
Days on Market33
Property Features for 152 Henry Street
General Information
Standard status
Active
Size
4,087 SF
Property subtype
Mixed Use
Warehouse & Industrial
Office Build-Out
100 SF
Conditioned Warehouse
Yes
Additional Details
Property Use
Storage/Workshop/Shipping Office
Building Details
Year Built
1900
Listing Agency:
Saratoga Excelsior Group LLC
(518) 583-9115
Listed By:
Shannon E Scheidt · License #10491213640
(518) 378-6227
Source:
Simplywoodardrealestate
Added: Oct 1
Changed: Nov 1
Last Checked: Nov 1 at 2:52PM
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 Saratoga Excelsior Group LLC
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Investment Insights
Based on property information with market context.
This 4,087-square-foot flex space offers climate-controlled interiors arranged for varied work and storage needs. The main room measures approximately 30 x 30 feet, with a second room of approximately 20 x 30 feet and a separate 10 x 10-foot office. A shared half bath serves the space. Utility arrangements are subject to negotiation.
The property is located at 152 Henry Street in Saratoga Springs, New York. The building dates to 1900.
The property is located at 152 Henry Street in Saratoga Springs, New York. The building dates to 1900.
Key Highlights
- Climate‑controlled space
- Main room of approximately 30 x 30 feet
- Second room of approximately 20 x 30 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,277
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,540
$505.5K
Cap Rate 7%
$361,100
$361.1K
Cap Rate 9%
$280,856
$280.9K
Market Conditions
NOI Build-Up for 4,087 SF
Gross rent
$38.7K $9.48/SF
− Vacancy
−$2.6K −$0.64/SF
EGI
$36.1K $8.84/SF
− OpEx
−$10.8K −$2.65/SF
NOI
$25.3K $6.18/SF
Area
Saratoga County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,540
Cap Rate 7%
$361,100
Cap Rate 9%
$280,856
Alternative Uses
Best Use
Flex RnD
$847.1K
$741.2K – $988.2K
NOI $59,294 @ 7.0% cap · market cap 3,952.93%
Second Best
Warehouse
$438.5K
$383.7K – $511.6K
NOI $30,694 @ 7.0% cap · market cap 2,046.27%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,631 @ 7.0% cap · market cap 5,708.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,248
Businesses Nearby
Balanced
Demand for This Use
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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 Industrial in Northeast region
Similar Off Market Nearby
- Little Lucy’s Mobile Bar — 125 George St, Saratoga Springs, NY 12866
- Sara's Kitchen — 419 Broadway, Saratoga Springs, NY 12866
- Catering Co at the Palladium — 53 Walton St, Saratoga Springs, NY 12866
- Simply Food by Maura — 1 Elks Ln, Saratoga Springs, NY 12866
Frequently Asked Questions
What type of property is this?
Flex space - The multi-room layout includes a dedicated office and shared half bath.
Where is this flex space located?
The property is located at 152 Henry Street Saratoga Springs, NY.
What are key features of this property?
This property features: Climate‑controlled space; Main room of approximately 30 x 30 feet; Second room of approximately 20 x 30 feet
