Two-Story Office
For Sale
$674,990
1585 Route 146, Clifton Park, NY 12148
Commercial Sale, Clifton Park, NY
Property Size2,858 SF
Lot Size1.00 Acre
Price / SF$236.18
Days on Market52
Property Features for 1585 Route 146
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Patio and Porch features
Deck
Subdivision
Rexford
High school district
000000
Directions
VanAntwerp Road to 3rd exit on River Road, turn right on NYS Rt 146/Balltown Road, At the traffic circle, take the 2nd exit onto NY-146 E
Standard status
Active
APN
412400 269.-3-2.21
Size
2,858 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Annual Amount
15586
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
working kitchen
copy room
central air
ADA-compliant entry
Building Details
Year built
1960
Floors in Building
2
Flooring type
Carpet, Hardwood, Tile
Building materials
Wood Siding
Roof type
Rubber, Asphalt
Listing Agency:
Miranda Real Estate Group Inc
(518) 356-1701
Listed By:
Christine M Serafini · License #40SE0980789
(518) 514-8830
Added: Aug 24
Changed: Sep 14
Last Checked: Oct 14 at 10:06PM
MLS# 11949862
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,858 SF, two-story office building occupies a full 1-acre parcel and is configured for professional use. The layout includes designated private offices, flexible common workspace, a working kitchen, copy room, and two bathrooms. Hardwood, tile, and carpet flooring are complemented by professional paint and updated light fixtures. A new furnace installed in 2025, a newer rubber roof on the side section, central air, and an ADA-compliant entry add to the building’s functional improvements.
The property provides 18 private parking spaces and is served by public water and a septic tank. Commercial zoning supports the existing office configuration, while the building’s adaptable arrangement can accommodate medical or dental, legal, accounting, financial, insurance, wellness, counseling, real estate, and other professional services. Built in 1960, the structure features wood siding and rubber and asphalt roofing.
The property provides 18 private parking spaces and is served by public water and a septic tank. Commercial zoning supports the existing office configuration, while the building’s adaptable arrangement can accommodate medical or dental, legal, accounting, financial, insurance, wellness, counseling, real estate, and other professional services. Built in 1960, the structure features wood siding and rubber and asphalt roofing.
Key Highlights
- 2,858 SF two‑story office building on a full 1‑acre parcel
- 18 private parking spaces with ADA‑compliant entry
- New furnace installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,660
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,200
$773.2K
Cap Rate 7%
$552,286
$552.3K
Cap Rate 9%
$429,556
$429.6K
Market Conditions
NOI Build-Up for 2,858 SF
Gross rent
$61.7K $21.60/SF
− Vacancy
−$10.2K −$3.56/SF
EGI
$51.5K $18.04/SF
− OpEx
−$12.9K −$4.51/SF
NOI
$38.7K $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%
$773,200
Cap Rate 7%
$552,286
Cap Rate 9%
$429,556
Alternative Uses
Best Use
Office B
$552.3K
$483.3K – $644.3K
NOI $38,660 @ 7.0% cap · market cap 5.73%
Second Best
Mixed Use
$496.1K
$434.1K – $578.8K
NOI $34,725 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$855.4K
$748.5K – $998.0K
NOI $59,881 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 12148, NY
4,935
Population
1,949
Households
2.5
Avg Household Size
47
Median Age
58%
College-Educated
95%
High-School Grad
15.6 sq mi
ZIP Area
316
Density / Sq Mi
$135,694
Median Household Income
$103,654
Median Earnings
$1,134
Median Rent
$406,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible professional layout includes private offices, shared workspace, kitchen, copy room, and two bathrooms.
Where is this office building located?
The property is located at 1585 Route 146 Clifton Park, NY.
What is the asking price?
The asking price for this property is $674,990.
What are key features of this property?
This property features: 2,858 SF two‑story office building on a full 1‑acre parcel; 18 private parking spaces with ADA‑compliant entry; New furnace installed in 2025
