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Multifamily Property with Development Land
For Sale
$3,250,000

460 Cold Spring Road, Saratoga Springs, NY 12866

MultiFamily, Saratoga Springs, NY

Property Size4,738 SF
Lot Size21.30 Acres
Price / SF$685.94
Days on Market174

Property Features for 460 Cold Spring Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi Residence
Bedrooms 22
Bathrooms 13
Full bathrooms 12
Half bathrooms 1
Rooms Bedroom 13, Bedroom 1, Bathroom 6, Bathroom 4, Bathroom 8, Bathroom 7, Bedroom 19, Bathroom 12, Bedroom 9, Bathroom 10, Bedroom 22, Bedroom 14, Bedroom 12, Bedroom 4, Bathroom 3, Bedroom 18, Bedroom 2, Bedroom 7, Bedroom 5, Bathroom 9, Bedroom 10, Bedroom 11, Bedroom 21, Bathroom 11, Bathroom 5, Bedroom 15, Bathroom 13, Bedroom 8, Bedroom 17, Bedroom 16, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 20
Parking 15
Parking features Off Street, Driveway
Lot features Road Frontage, Irregular Lot
Elementary school Stillwater
High school Stillwater
Elementary school district Stillwater
Middle school district Stillwater
High school district Stillwater
Directions Take Route 9P towards Saratoga Lake. Make a right onto Lake Road. The properties are on the right.
Standard status Active
APN 415289 230.-1-11
Size 4,738 SF
Lot size 21.30 Acres

Taxes and HOA fees

Tax Annual Amount 16005

Utilities

Sewer type Public Sewer
Heating system Propane (Heating), Electric (Heating)

Building Details

Year built 1970
Number of units 12
Flooring type Hardwood, Carpet, Laminate, Linoleum
Roof type Asphalt
Listing Agency: Julie & Co Realty LLC
Listed By: Charles B Goodridge · License #30GO1059221
Added: Mar 19 Changed: Sep 4 Last Checked: Sep 8 at 3:06PM
MLS# 202613597

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.

Investment Insights

Based on property information with market context.

This multifamily offering combines 8 structures across a 21.3-acre property and includes 4,738 square feet of building area. The package comprises four deeds that must be acquired together, with properties associated with Didonna Lane and Cold Spring Road. At 460 Cold Spring Road, the seller owns the first three trailers, while three additional trailers operate under land leases, creating distinct occupancy arrangements. Improvements include asphalt roofs, public sewer, driveway and off-street parking, and electric and propane heating.

The property is in Saratoga Springs, within the Stillwater Central School District. Brown's Beach is nearby, and the site offers access to I-87 through Exits 12 and 13. A local Technology Park is also in the surrounding area. Municipal water and sewer are available at the road, and the offering includes land identified for additional residential development in the source information.

Key Highlights

  • 21.3‑acre multifamily property with 8 structures
  • 4,738 square feet of building area
  • Four deeds offered together as one package

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Grocery & Convenience Store Catering Service Wine and Liquor Store Travel Agency

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

29
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily asset with multiple structures, mixed rental arrangements, and municipal water and sewer available at the road.
Where is this multifamily property located?
The property is located at 460 Cold Spring Road Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 21.3‑acre multifamily property with 8 structures; 4,738 square feet of building area; Four deeds offered together as one package
More about this property
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