Office Units with Finished
235 Saratoga Road, Glenville, NY 12302
For Sale
$299,000
Pending
Commercial Sale, Glenville, NY
Property Size1,200 SF
Lot Size0.49 Acres
Days on Market653
Property Features for 235 Saratoga Road
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
(518) 464-0870
Listed By:
Karen Zalewski-Wildzunas · License NY #10301219752
(518) 858-4719
Added: Jan 31, 2025
Changed: Oct 8
Last Checked: Nov 14 at 7:06AM
MLS# 202511428
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.
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Investment Insights
Based on property information with market context.
This 1,200-square-foot office property includes four individual offices, a lobby, and two restrooms. A finished basement expands the usable configuration with two additional rooms and storage space. Built in 1958, the building combines brick and drywall construction with forced-air and baseboard electric heating, central air conditioning, and off-street parking.
The property sits on 0.49 acres at 235 Saratoga Road in Glenville, NY 12302. Public water and public sewer serve the site, and the property carries Commercial zoning. The office layout and supplemental basement area provide a defined setting for administrative or professional operations.
The property sits on 0.49 acres at 235 Saratoga Road in Glenville, NY 12302. Public water and public sewer serve the site, and the property carries Commercial zoning. The office layout and supplemental basement area provide a defined setting for administrative or professional operations.
Key Highlights
- 1,200 square feet of office space on a 0.49‑acre parcel
- Four offices, a lobby, and two restrooms
- Finished basement with two additional rooms and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,220
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,400
$404.4K
Cap Rate 7%
$288,857
$288.9K
Cap Rate 9%
$224,667
$224.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$31.7K $26.40/SF
− Vacancy
−$4.7K −$3.93/SF
EGI
$27.0K $22.47/SF
− OpEx
−$6.7K −$5.62/SF
NOI
$20.2K $16.85/SF
Area
Schenectady County, NY
Vacancy
14.90%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,400
Cap Rate 7%
$288,857
Cap Rate 9%
$224,667
Alternative Uses
Best Use
Office B
$288.9K
$252.8K – $337.0K
NOI $20,220 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.2K
$314.3K – $419.0K
NOI $25,142 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
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Business Placement
Demographics for 12302, NY
27,618
Population
12,406
Households
2.2
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
43.3 sq mi
ZIP Area
638
Density / Sq Mi
$94,156
Median Household Income
$55,305
Median Earnings
$1,207
Median Rent
$240,700
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Schenectady County, NY
Properties on Market for Office Units in Schenectady County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Commercial zoning and public utilities serve this office property.
Where is this office unit located?
The property is located at 235 Saratoga Road Glenville, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,200 square feet of office space on a 0.49‑acre parcel; Four offices, a lobby, and two restrooms; Finished basement with two additional rooms and storage
