217-221 Milton Avenue, Ballston Spa, NY 12020
COMMERCIAL - Other - Ballston Spa, NY
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 217-221 Milton Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking
- 6
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Basement
- Full
- Standard status
- Active
- APN
- 414201 216.24-2-3
- Size
- 4,562 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9677
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas, Baseboard
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1840
- Building materials
- Brick, Wood Siding
- Architectural style
- Other
Listing agent Faith M Fierro License #40FI0492598 (518) 210-5703
Listing office Coldwell Banker Prime Properties 1345 New Scotland Road, Green Island, NY (518) 439-9600
Listing date Jun 24, 2026
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use building in the Village of Ballston Spa with antique center currently in use
- Two storefronts plus retail space on the second floor
- Third‑floor 2‑bedroom apartment, owner‑occupied
- Off‑street parking plus a two‑story barn on the property
- Utilities: public water and public sewer
- Built in 1840 with brick and wood siding; heating includes forced air, natural gas, and baseboard; cooling includes window units and central air
Overview
Located in the Village of Ballston Spa in Saratoga County, the building offers a compact footprint on Milton Avenue. The listing is for sale, and showings are by appointment only.
For owner-occupants, the layout supports retail operations with residential living above, while retaining two storefronts and second-floor retail space for merchandising. For investors, the combination of income-producing residential space and multiple commercial areas creates flexibility for future leasing and use. The presence of the off-street parking and two-story barn may also support tenant and business needs as the building is repositioned over time.
Local Financial Insights For Apartment 5plus
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 | $115.0k | $25.20 |
| − Vacancy | −$4.8k | −$1.06 |
| EGI | $110.1k | $24.14 |
| − OpEx | −$49.6k | −$10.86 |
| NOI | $60.6k | $13.28 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Balet Flowers & Design LLC New York — Ballston Spa, NY 12020
- Anna's Flowers — 58 Milton Ave, Ballston Spa, NY 12020
- Florist — ballston spa, ny 12020
Location Insight
- Map
- Local Demand
- City
- Ballston Spa
- County
- Saratoga
- State
- New York
- Longitude
- -73.849753
- Latitude
- 43.006916
