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Approved Mixed-Use Redevelopment
For Sale
$3,900,000

30 Caroline Street, Saratoga Springs, NY 12866

Approved urban-core redevelopment combining residential units, restaurant space, and adaptive reuse of a historic structure.

Property Size43,147 SF
Price / SF$90.39
Days on Market153

Property Features for 30 Caroline Street

General Information

Standard status Active
Size 43,147 SF
Property subtype Mixed Use
Zoning T-6

Additional Details

Multifamily Units 39

Building Details

Building Size 43,147 SF
Stories 5
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 29 at 9:24PM

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

Investment Insights

Based on property information with market context.

Located at 30 Caroline Street in Saratoga Springs, this approved mixed-use redevelopment combines a new residential building with the preservation and incorporation of the historic Sperry's Restaurant structure. The planned project includes 39 residential units, with one-bedroom and studio layouts, alongside ground-floor commercial and restaurant space.

The five-story development is situated in the Urban Core T-6 district. Planning Board approvals and coordinated building department submission drawings are in place, supporting a redevelopment approach that pairs new brick construction with adaptive reuse of the existing historic asset. The property has a reported size of 43,147 square feet.

Key Highlights

  • 39 residential units planned with one‑bedroom and studio layouts
  • Five‑story mixed‑use redevelopment in the Urban Core T‑6 district
  • Historic Sperry's Restaurant structure incorporated into the project

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) Store Garden Center Butcher

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

39
Residential units

Location Intelligence

Trade Area within ½ mile

2,607
Businesses Nearby

Demographics for 12866, NY

40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Approved urban-core redevelopment combining residential units, restaurant space, and adaptive reuse of a historic structure.
Where is this mixed-use property located?
The property is located at 30 Caroline Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 39 residential units planned with one‑bedroom and studio layouts; Five‑story mixed‑use redevelopment in the Urban Core T‑6 district; Historic Sperry's Restaurant structure incorporated into the project
More about this property
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