Coworking Space with Private
For Sale
Contact for pricing
63 Putnam Street, Saratoga Springs, NY 12866
Members can use printing, internet, board rooms, and shared networking events.
Property Size4,197 SF
Price / SF$0.14
Days on Market363
Property Features for 63 Putnam Street
General Information
Standard status
Active
Size
4,197 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
support team
printing
internet
board rooms
collaborative opportunities
events for networking
Building Details
Year Built
1967
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Anne T O'Toole · License #10401335798
(518) 207-5090
Source:
Simplywoodardrealestate
Added: Nov 5, 2025
Changed: Nov 1
Last Checked: Nov 1 at 4:19PM
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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Investment Insights
Based on property information with market context.
This coworking property contains 4,197 square feet and offers individual offices within a shared business setting. Member services include printing, internet access, and board rooms, along with opportunities to connect through organized networking events. The building dates to 1967.
Located at 63 Putnam Street in Saratoga Springs, the property serves as a shared-office option for professional offices, personal service providers, and satellite offices.
Located at 63 Putnam Street in Saratoga Springs, the property serves as a shared-office option for professional offices, personal service providers, and satellite offices.
Key Highlights
- 4,197‑square‑foot coworking property with individual offices
- Member access to printing, internet, and board rooms
- Networking events and opportunities for collaboration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,773
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,460
$1.1M
Cap Rate 7%
$811,043
$811.0K
Cap Rate 9%
$630,811
$630.8K
Market Conditions
NOI Build-Up for 4,197 SF
Gross rent
$90.7K $21.60/SF
− Vacancy
−$15.0K −$3.56/SF
EGI
$75.7K $18.04/SF
− OpEx
−$18.9K −$4.51/SF
NOI
$56.8K $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%
$1,135,460
Cap Rate 7%
$811,043
Cap Rate 9%
$630,811
Alternative Uses
Best Use
Office B
$811.0K
$709.7K – $946.2K
NOI $56,773 @ 7.0% cap · market cap 9,462.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,936 @ 7.0% cap · market cap 14,656.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,607
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Coworking space - Members can use printing, internet, board rooms, and shared networking events.
Where is this coworking space located?
The property is located at 63 Putnam Street Saratoga Springs, NY.
What are key features of this property?
This property features: 4,197‑square‑foot coworking property with individual offices; Member access to printing, internet, and board rooms; Networking events and opportunities for collaboration
