98 Lake Avenue Lake Luzerne, NY 12846
High-visibility commercial property with flexible space in Lake Luzerne.
- Added:
- May 14, 2026
- Days on Market:
- 61
- Last Refresh:
- Jul 3 at 5:44 am
Property Features for 98 Lake Avenue
General Information
- Standard status
- Active
- Size
- 1,296 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing office REALTY ONE GROUP KEY (518) 630-5360
Listing date May 14, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP KEY
Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location on Lake Ave in the heart of Lake Luzerne.
- Flexible space suitable for dining, retail, office, or specialty use.
- Ample parking available.
Local Financial Insights For Specialty Retail
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 | $23.3k | $18.00 |
| − Vacancy | −$980 | −$0.76 |
| EGI | $22.3k | $17.24 |
| − OpEx | −$5.6k | −$4.31 |
| NOI | $16.8k | $12.93 |
