Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    90 Broad Street Glens Falls, NY 12801

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $998,000

    Four-suite professional office building with investment or owner-occupied potential.

    Type:Commercial
    Property size:
    7,842 SF
    Lot size:
    0.46 Acres
    Added:
    Sep 14, 2025
    Days on Market:
    216
    Last Refresh:
    Apr 5 at 9:03 pm

    Property Features for 90 Broad Street

    General Information

    Standard status
    Active
    Size
    7,842 SF
    Lot size
    0.46 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    R. MARK LEVACK

    Listing agent R. MARK LEVACK

    Listing office LEVACK REAL ESTATE INC

    Listing date Sep 14, 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 LEVACK REAL ESTATE INC

    Overview

    Professional Office Building For Sale

    This four-suite professional office building presents an opportunity for either owner-occupancy or investment. The original building, constructed in 1988, encompasses 1,692 square feet and is currently occupied by Well Child Pediatric Psychiatric Services. An addition built in 2006 provides an additional 6,150 square feet, occupied by Support Services of Troy, Sampson Orthotics, and one vacant suite. The total property size is 7,842 square feet. Financial details are available upon request with a Non-Disclosure Agreement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glens Falls
    County
    Warren
    State
    New York
    Longitude
    -73.6477
    Latitude
    43.3085

    Nearby Similar for Sale

    • $310,000
      2,888 SF

      Downtown Glens Falls Mixed-Use Investment

      Well-maintained 4-unit property with storefronts and apartments in downtown Glens Falls.
      55 Lawrence Street, Glens Falls, NY 12801
      View Details
    • $559,000
      5,283 SF

      Downtown Glens Falls Mixed-Use Building

      Fully occupied mixed-use building in vibrant downtown Glens Falls.
      173-175 Glen Street, Glens Falls, NY 12801
      View Details
    • $279,000
      2,049 SF

      Updated Duplex in Glens Falls

      Updated duplex with detached garage and income potential.
      16 Montcalm Street, Glens Falls, NY 12801
      View Details
    • $650,000
      6,448 SF

      Glens Falls Vacant Office Property

      Two-story vacant office building suitable for owner or redevelopment.
      44 South Street, Glens Falls, NY 12801
      View Details
    • $410,000
      3,744 SF

      Fully Occupied Glens Falls Office

      Three-story office building fully leased through April 2027.
      29 Elm Street, Glens Falls, NY 12801
      View Details
    • $469,000
      1,900 SF

      Spacious Office Building in Glens Falls

      Well-constructed office building with prime location and many amenities.
      144 South Street #NY, Glens Falls, NY 12801
      View Details
    • $3,750,000
      72,000 SF

      Mixed-Use Buildings in Fenimore Square

      Two buildings with redevelopment potential in prime location.
      64 Glen Street, Glens Falls, NY 12801
      View Details
    • $850,000
      6,535 SF

      Medical Office Building For Sale

      Medical office building near Glens Falls Hospital for sale.
      11 Murray Street, Glens Falls, NY 12801
      View Details
    • $700,000
      9,354 SF

      Well-Maintained Building with Redevelopment Potential

      Well-built property with recent upgrades and redevelopment opportunities.
      3 Marion Avenue, Glens Falls, NY 12801
      View Details
    • $165,000
      1,634 SF

      Glens Falls Multifamily Investment Opportunity

      Two-family property with conversion potential in a desirable location.
      26 Knight Street, Glens Falls, NY 12801
      View Details
    • $898,000
      7,654 SF

      Turnkey Restaurant and Mixed-Use Building

      Restaurant and mixed-use building in Glens Falls' visible location.
      162 Glen Street, Glens Falls, NY 12801
      View Details
    • $849,900
      8,000 SF

      Mixed-Use Commercial Building For Sale

      Versatile Glens Falls building with retail, warehouse, and office space.
      193 Dix Avenue, Glens Falls, NY 12801
      View Details

    FAQs

    What type of property is this?
    Office building - Four-suite professional office building with investment or owner-occupied potential.
    Where is this office building located?
    The property is located at 90 Broad Street Glens Falls, NY.
    What is the asking price?
    The asking price for this property is $998,000.
    What are key features of this property?
    This property features: Investment opportunity with existing tenants.; Professional office building with four suites.; Significant addition built in 2006 adding 6,150 Sq. Ft.
    (518) 793-7600
    We can help!
    Listing Contact
    R. MARK LEVACK
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!