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5-Unit Apartment Building
New
For Sale
$439,000

178-180 Milton Avenue, Ballston Spa, NY 12020

Three parcels include a rear parking area and a vacant garage stall that can provide another income source.

Property Size5,022 SF
Price / SF$87.42
Days on Market4

Property Features for 178-180 Milton Avenue

General Information

Standard status Active
Size 5,022 SF
Total Parking Spaces 1
Property subtype Multi-Family

Additional Details

Gross Income $69,000
Multifamily Units 5

Building Details

Year Built 1850
Listing Agency: Howard Hanna Capital Inc
Listed By: Susan Cerone · License #5411
Source: 518realty
Added: Sep 24 Changed: Sep 27 Last Checked: Sep 24 at 1:54PM

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 Howard Hanna Capital Inc

Investment Insights

Based on property information with market context.

This 5,022-square-foot apartment property contains five units across three parcels, including a parcel behind the buildings for parking. A one-stall garage is currently vacant and offers an additional income opportunity. The building dates to 1850.

Located on Milton Avenue in Ballston Spa, New York, the property combines residential units, rear parking, and garage space within the same offering.

Key Highlights

  • Five apartments across a 5,022‑square‑foot property
  • Three parcels, including one behind the buildings for parking
  • Vacant one‑stall garage offers an additional income source

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby

Demographics for 12020, NY

34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three parcels include a rear parking area and a vacant garage stall that can provide another income source.
Where is this apartment building located?
The property is located at 178-180 Milton Avenue Ballston Spa, NY.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Five apartments across a 5,022‑square‑foot property; Three parcels, including one behind the buildings for parking; Vacant one‑stall garage offers an additional income source
More about this property
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