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Financial
Distress signals
Property profile

228 Washington St Saratoga Springs, NY 12866

OFF-MARKET
Investment properties
Property ID
US63-1700227
6,000 SF 0.76 ac lot Built 1985
Last sale Jul 2010 · $1,040,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 6,100 square foot storefront, located at 228 Washington Street in Saratoga Springs, NY, presents a unique investment opportunity. Built in 2000, this single-story building sits on a 33,281 square foot lot and boasts 21 parking spaces. Currently operating as a 100% occupied, established dry cleaning business since 1985, the property is zoned Commercial T-4. The asking price is $835,000, translating to $142.79 per square foot. The property is offered as a Triple Net (NNN)…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$596k
Assessed land$271k
Assessed improvement$325k

Value estimate

· Oct 2026
$310k
$279k – $341k
CAP approach$1.12M
Submarket $/SF estimate$647k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$209 – $433
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2A
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand index
Storage Facility11.6
Auto Repair Shop10.1
Electrical Service9.7

Location

228 Washington St Saratoga Springs, NY 12866-5954
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
203 Un, Saratoga Springs, NY 12866-3533 $1,650,000 May 2025 5,499 SF
43 Phila, Saratoga Springs, NY 12866-3211 $1,500,000 Nov 2024 6,392 SF
68 Beekman, Saratoga Springs, NY 12866-4026 $850,000 Apr 2024 3,997 SF
74 Warren, Saratoga Springs, NY 12866-2574 $949,000 Sep 2023 4,620 SF
38 Caroline, Saratoga Springs, NY 12866-3201 $1,300,000 Sep 2023 3,616 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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