88-90 Front Street, Ballston Spa, NY 12020
Mixed-use property with retail and residential units in Ballston Spa.
- Added:
- Sep 18, 2025
- Days on Market:
- 266
- Last Refresh:
- Apr 5 at 9:12 pm
Property Features for 88-90 Front Street
General Information
- Standard status
- Active
- Size
- 3,048 SF
- Lot size
- 0.11 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agent CHRISTIAN KLUEG
Listing office HOWARD HANNA CAPITAL INC (518) 863-8904
Listing date Sep 18, 2025
Source Corcoran
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 HOWARD HANNA CAPITAL INC
HighLights
- High‑traffic location on a busy street in the Village of Ballston Spa.
- Fully rented mixed‑use building with immediate income generation ($4,400/month).
- Low annual expenses ($15,885) and separately metered utilities (except water/sewer).
- Turn‑key condition with minimal maintenance required.
- Off‑street parking and a detached garage included.
- Strong investment potential in a vibrant and growing community.
Overview
Local Financial Insights For Apartment 5plus
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 | $76.8k | $25.20 |
| − Vacancy | −$3.2k | −$1.06 |
| EGI | $73.6k | $24.14 |
| − OpEx | −$33.1k | −$10.86 |
| NOI | $40.5k | $13.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ballston Spa
- County
- Saratoga
- State
- New York
- Longitude
- -73.8517
- Latitude
- 43.0025
