Mixed-Use Building in Schuylerville
21 Broad Street Schuylerville, NY 12871
21 Broad Street, Schuylerville, NY, 12871
$320,000
For Sale
$320,000
Mixed-use property with retail space and residential units.
Property Size706 SF
Lot Size0.14 Acres
Price / SF$453.26
Days on Market169
Property Features for 21 Broad Street
General Information
- Standard status
- Active
- Size
- 706 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing Agency
HOWARD HANNA CAPITAL INC
(518) 584-0743
Listed by
MYLENE COLTEY
Source
Corcoran
Added: Feb 2 Updated: Jul 6 at 10:03 am Checked: Jul 20 at 3:46 am
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 mixed-use building presents an investment opportunity in the Village of Schuylerville, offering both commercial and residential income streams. The ground floor features approximately 706 square feet of retail space with large display windows and an open layout suitable for various businesses. The retail space benefits from high foot traffic visibility and is currently available for rent at $1100 per month. The upper level includes two fully rented apartments, each with private entrances. Tenants are on annual leases, providing immediate rental income. The property is zoned for commercial and residential use and has separate utility meters for each unit.
Key Highlights
- Mixed‑use building with commercial and residential income streams
- Located in a desirable area within the Village of Schuylerville
- Ground floor retail space with high foot traffic and visibility
Local Financial Insights For Multifamily LT 5
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 | $15.7k | $22.20 |
| − Vacancy | −$705 | −$1.00 |
| EGI | $15.0k | $21.20 |
| − OpEx | −$4.5k | −$6.36 |
| NOI | $10.5k | $14.84 |
706 SF · lease $22.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$149.7K
$131.0K – $174.6K
NOI $10,478 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$133.9K
$117.2K – $156.2K
NOI $9,374 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$211.3K
$184.9K – $246.5K
NOI $14,792 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pretty Lovely Esthetics, ...
Hair Salon
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail space and residential units.
Where is this mixed-use property located?
The property is located at 21 Broad Street Schuylerville, NY.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Mixed‑use building with commercial and residential income streams; Located in a desirable area within the Village of Schuylerville; Ground floor retail space with high foot traffic and visibility
