Two-Office
New
For Sale
Contact for pricing
409 Maple Ave, Saratoga Springs, NY 12866
A compact workspace combines private offices with a reception area, kitchenette and half bath.
Property Size4,327 SF
Price / SF$0.28
Days on Market3
Property Features for 409 Maple Ave
General Information
Standard status
Active
Size
4,327 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1977
Listing Agency:
Continuum Commercial Realty
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:54AM
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 Continuum Commercial Realty
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.
This office suite offers approximately 500 square feet, arranged with two private offices, an administrative and reception area, a kitchenette and a half bath. The configuration is suited to an independent financial or insurance advisor, therapist, or satellite office. The building dates to 1977.
The property is at 409 Maple Ave, with signage on Route 9 and a private on-site parking lot. Common-area maintenance and building operating expenses are handled by the landlord. Occupants are responsible for interior cleaning and arranging their own phone and internet service.
The property is at 409 Maple Ave, with signage on Route 9 and a private on-site parking lot. Common-area maintenance and building operating expenses are handled by the landlord. Occupants are responsible for interior cleaning and arranging their own phone and internet service.
Key Highlights
- Approximately 500 sq. ft. with two private offices
- Administrative and reception area, kitchenette and half bath
- Private on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,531
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,170,620
$1.2M
Cap Rate 7%
$836,157
$836.2K
Cap Rate 9%
$650,344
$650.3K
Market Conditions
NOI Build-Up for 4,327 SF
Gross rent
$93.5K $21.60/SF
− Vacancy
−$15.4K −$3.56/SF
EGI
$78.0K $18.04/SF
− OpEx
−$19.5K −$4.51/SF
NOI
$58.5K $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%
$1,170,620
Cap Rate 7%
$836,157
Cap Rate 9%
$650,344
Alternative Uses
Best Use
Office B
$836.2K
$731.6K – $975.5K
NOI $58,531 @ 7.0% cap · market cap 4,877.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,659 @ 7.0% cap · market cap 7,554.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - A compact workspace combines private offices with a reception area, kitchenette and half bath.
Where is this office units located?
The property is located at 409 Maple Ave Saratoga Springs, NY.
What are key features of this property?
This property features: Approximately 500 sq. ft. with two private offices; Administrative and reception area, kitchenette and half bath; Private on‑site parking lot
