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Office Suite with Private Office
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376 BROADWAY #29, Saratoga Springs, NY 12866

Second-floor space includes a reception area and a separate office, with one parking permit.

Property Size36,875 SF
Price / SF$0.03
Days on Market344

Property Features for 376 BROADWAY #29

General Information

Standard status Active
Size 36,875 SF
Property subtype Office

Additional Details

Floor Second Floor
Property Use Office

Building Details

Year Built 1917
Listing Agency: Roohan Realty
Listed By: Amy L Sutton · License #30SU0496141
Source: Simplywoodardrealestate
Added: Nov 24, 2025 Changed: Nov 1 Last Checked: Nov 1 at 3:36PM

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 Roohan Realty

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Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located on the second floor, this approximately 530 SF office suite has a reception and waiting area, a private office, and an alcove suited to file storage or a small seating or refreshment setup. The building dates to 1917.

One parking permit for the lot behind the building is included. Public parking lots are also nearby.

Key Highlights

  • Approximately 530 SF on the second floor
  • Separate private office, reception and waiting area, and alcove for files or seating
  • One parking permit for the rear lot included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$498,808
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,976,160 $10.0M
Cap Rate 7%
$7,125,829 $7.1M
Cap Rate 9%
$5,542,311 $5.5M
Market Conditions
NOI Build-Up for 36,875 SF
Gross rent
$796.5K $21.60/SF
− Vacancy
−$131.4K −$3.56/SF
EGI
$665.1K $18.04/SF
− OpEx
−$166.3K −$4.51/SF
NOI
$498.8K $13.53/SF
Area
Saratoga County, NY
Vacancy
16.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,976,160
Cap Rate 7%
$7,125,829
Cap Rate 9%
$5,542,311

Alternative Uses

Best Use
Office B
$7.13M
$6.24M – $8.31M (±1% cap)
NOI $498,808 @ 7.0% cap · market cap 39,904.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.04M
$9.66M – $12.88M (±1% cap)
NOI $772,605 @ 7.0% cap · market cap 61,808.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Spa Fine Art Art Gallery Piedmont Law Firm Law Firm ES11 Web Development Advertising Agency Saratoga Chiropractic Alternative Medicine Practice Dr. Jaclyn N ... Alternative Medicine Practice

Suggested Use

Top Pick Storage Facility Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor space includes a reception area and a separate office, with one parking permit.
Where is this office unit located?
The property is located at 376 BROADWAY #29 Saratoga Springs, NY.
What are key features of this property?
This property features: Approximately 530 SF on the second floor; Separate private office, reception and waiting area, and alcove for files or seating; One parking permit for the rear lot included
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Includes: Price & PSF · Cap rate · Location · Zoning

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