16 Exchange Street, Glens Falls, NY 12801
Updated mixed-use building with restaurant and apartments in downtown Glens Falls.
- Added:
- Feb 6, 2026
- Days on Market:
- 148
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 16 Exchange Street
General Information
- Standard status
- Active
- Size
- 4,195 SF
- Property subtype
- Retail
Listing office Coldwell Banker Prime Properties Saratoga Springs
Listing date Feb 6, 2026
Source Crexi
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 Coldwell Banker Prime Properties Saratoga Springs
HighLights
- Thriving 1st floor restaurant with great tenants.
- Completely renovated and updated 2 bedroom, 2 bathroom apartment with office.
- Unique 1 bedroom/1 bathroom, 2 story apartment with exposed brick.
- Separate HVAC for each unit.
- 4‑6 off street parking spots.
- Prime downtown Glens Falls location.
Overview
Local Financial Insights For Specialty Retail
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 | $75.5k | $18.00 |
| − Vacancy | −$3.2k | −$0.76 |
| EGI | $72.3k | $17.24 |
| − OpEx | −$18.1k | −$4.31 |
| NOI | $54.3k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Glens Falls
- County
- Warren
- State
- New York
- Longitude
- -73.6453882
- Latitude
- 43.3093648
