Four-Level Commercial Office
79 Henry Street Saratoga Springs, NY 12866
For Sale
$4,250,000
COMMERCIAL - Other - Saratoga Springs, NY
Property Size16,023 SF
Lot Size0.20 Acres
Price / SF$265.24
Days on Market117
Property Features for 79 Henry Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- Commercial
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1
- Parking
- 3
- Parking features
- Off Street
- Security features
- Security System
- Patio and Porch features
- Deck
- Interior features
- Ceramic Tile Bath, Elevator
- Basement
- Finished, Partial
- Accessibility
- Accessible Approach with Ramp, Accessible Elevator Installed
- Standard status
- Active
- APN
- 411501 165.60-1-74.1
- Size
- 16,023 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14281
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 3
- Flooring type
- Carpet, Concrete, Tile
- Building materials
- Metal Siding, Steel Beam, Block, Drywall
- Roof type
- Rubber, Shingle, Asphalt
- Architectural style
- Other
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Dan Roohan · License #10301221364
(518) 527-7895
Added: Mar 30
Changed: Jul 24
Last Checked: Jul 24 at 10:06PM
MLS# 202614127
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 brand-new four-level commercial building is laid out for flexible interior finishing and can be adapted to a range of commercial uses. The street-level entrance includes a glass surround, and natural light is supported throughout the layout with large picture windows. Upper floors are described as featuring functional space with views that carry through to porches, a mezzanine level, and additional windowed areas.
The property is located at 79 Henry Street in Saratoga Springs, New York, and is zoned for commercial activity under UC zoning. With street-level presence and multiple levels of space, the building is positioned for end-user customization or an investor’s renovation and lease-up plan.
The property is located at 79 Henry Street in Saratoga Springs, New York, and is zoned for commercial activity under UC zoning. With street-level presence and multiple levels of space, the building is positioned for end-user customization or an investor’s renovation and lease-up plan.
Key Highlights
- Under construction commercial building completed in 2021 with 4 levels of usable space and UC zoning for multiple uses
- Street‑level glass‑surround entrance and large picture windows across upper floors
- Accessible features include ramped approach and an accessible elevator installed
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $346.1k | $21.60 |
| − Vacancy | −$57.1k | −$3.56 |
| EGI | $289.0k | $18.04 |
| − OpEx | −$72.2k | −$4.51 |
| NOI | $216.7k | $13.53 |
16,023 SF · lease $21.60/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.10M
$2.71M – $3.61M
NOI $216,743 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.80M
$4.20M – $5.60M
NOI $335,714 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
79 Henry Street
Building Consultant
FAQs
What type of property is this?
Office building - Brand-new four-level commercial building with street-level glass entry and windows across multiple floors.
Where is this office building located?
The property is located at 79 Henry Street Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Under construction commercial building completed in 2021 with 4 levels of usable space and UC zoning for multiple uses; Street‑level glass‑surround entrance and large picture windows across upper floors; Accessible features include ramped approach and an accessible elevator installed
