Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Saratoga Springs Upscale Office Space Title is generated by Realmo AI

    250 Excelsior Avenue, Saratoga Springs, NY 12866

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Tastefully designed office space in Saratoga Springs, available for rent.

    Type:Office
    Property size:
    1,700 SF
    Added:
    Apr 14, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 14 at 6:58 am

    Property Features for 250 Excelsior Avenue

    General Information

    Standard status
    Active
    Size
    1,700 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Pyramid Brokerage Albany

    Listing agent Pyramid Brokerage Albany

    Listing office Pyramidbrokerage

    Listing date Apr 14, 2026

    Source Pyramidbrokerage

    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 Pyramidbrokerage

    HighLights

    • Upscale, tastefully designed office space in Saratoga Springs
    • Convenient location right off exit 15
    • Includes 4 private offices, 2 private baths, kitchenette and conference room
    • Features high‑end lighting, hardwood flooring, and a glass conference room
    • 1700 SF configured with 2 large multi‑person workspaces
    • Private entry and 5 designated parking spaces

    Overview

    This 1700 square foot office space is available for rent in Saratoga Springs, located just off exit 15. The interior features upscale design elements, including built-ins, high-end lighting, hardwood flooring, and a glass-enclosed conference room. The layout includes two large multi-person workspaces, four private offices, two private bathrooms, and a kitchenette. The property has a private entry and includes five designated parking spaces. The NNN lease covers all expenses except internet and phone services. Please note that the existing furniture shown in the photos is not included.
    Location Intelligence

    Current Use by Public Records

    Mackey Auto Group ... Car Dealership Saratoga Ford Commercial ... Auto Repair Shop Mackey Commercial Service Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.7573917
    Latitude
    43.0932542

    Nearby Similar for Lease

    • $1.00 SF/Yr
      11,925 SF

      Subdividable Medical Office Suites

      Well maintained medical office space with ample parking, a shared waiting room, and NC/T5 zoning in a neighborhood setting.
      5 Care Lane, Saratoga Springs, NY 12866
      View Details
    • $1,500/Mo
      1,372 SF

      Remodeled Commercial Space on Route 9

      Versatile commercial space in high-traffic Saratoga Springs location.
      460 Maple Avenue, Saratoga Springs, NY 12866
      View Details
    • $2,835/Mo
      23,920 SF

      Downtown Saratoga Springs Office Space

      Third-floor office with reception, offices, and kitchenette in downtown Saratoga.
      340 Broadway, Saratoga Springs, NY 12866
      View Details
    • $600/Mo
      4,197 SF

      Co-working Space in Saratoga Springs

      Single offices in a co-working community with corporate amenities.
      63 Putnam Street, Saratoga Springs, NY 12866
      View Details
    • $3,605/Mo

      Downtown Saratoga Springs Office Space

      Versatile office space in downtown Saratoga Springs, available February 2026.
      58 Church St, Saratoga Springs, NY 12866
      View Details
    • $780/Mo
      48,529 SF

      Saratoga Springs Office Space Available

      Single room office space with natural light in Saratoga Springs.
      120 West Avenue, Saratoga Springs, NY 12866
      View Details
    • $800/Mo
      48,529 SF

      Saratoga Springs Office Space Available

      Professional office space for rent in Saratoga Springs, NY.
      120 West Avenue, Saratoga Springs, NY 12866
      View Details
    • $2,500/Mo
      4,203 SF

      Saratoga Springs Commercial Space

      Downtown Saratoga Springs space ideal for storage, workshop, or office.
      152 Henry Street, Saratoga Springs, NY 12866
      View Details
    • $6,000/Mo
      48,529 SF

      Renovated Office Space in Saratoga

      Luxury office space in historic Van Raalte Mill, Saratoga Springs.
      125 High Rock Avenue, Saratoga Springs, NY 12866
      View Details
    • $1,250/Mo
      36,875 SF

      Broadway Office Space Available

      Second floor office space in Saratoga Springs for lease.
      376 BROADWAY, Saratoga Springs, NY 12866
      View Details
    • $1.00 SF/Yr
      23,068 SF

      Modern Coworking Space on Broadway

      Coworking space with shared amenities in Saratoga Springs, NY.
      260 Broadway, Saratoga Springs, NY 12866
      View Details
    • $1,846/Mo
      15,700 SF

      Saratoga Springs Flex Space Available

      Versatile commercial space near GlobalFoundries, suitable for various business needs.
      12 Shenandoah Drive, Saratoga Springs, NY 12866
      View Details

    FAQs

    What type of property is this?
    Office units - Tastefully designed office space in Saratoga Springs, available for rent.
    Where is this office units located?
    The property is located at 250 Excelsior Avenue Saratoga Springs, NY.
    What are key features of this property?
    This property features: Upscale, tastefully designed office space in Saratoga Springs; Convenient location right off exit 15; Includes 4 private offices, 2 private baths, kitchenette and conference room
    (518) 489-9199
    We can help!
    Listing Contact
    Pyramid Brokerage Albany
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    250 Excelsior Avenue, Saratoga Springs, NY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!