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Property profile & analytics
FOR LEASE
Investment properties

260 Broadway Saratoga Springs, NY 12866

23,068 SF 0.44 ac lot Built 1977
Entity Owned 3-yr Hold Free & Clear
Property ID
US63-1966224
Property summary
AI-generated overview

This exceptional commercial property at 260 Broadway in Saratoga Springs, NY, presents a unique investment or owner-user opportunity within the vibrant downtown area. The 24,812 square foot building, constructed in 1889, features a blend of executive office and flex space across two stories. Currently, 15,200 square feet is vacant, offering significant potential for expansion or redevelopment. The building boasts high ceilings ranging from 14 to 18 feet, providing ample space and flexibility for various business needs. The property includes 30 parking spaces and sits on a 0.44-acre lot. The zoning is T-6: Transect Zone 6 Urban Core. The building's existing tenant, Death Wish Coffee, occupies the first floor. The second floor offers a substantial value-add opportunity for investors or additional space for an owner-user. The property is under new local ownership, and the landlord is actively undertaking extensive upgrades to the common areas. Attractive incentives are available for qualified tenants. The property's APN is 165.75-2-3, 165.75-1-7. Available spaces range from 1,800 to 15,200 square feet. Contact us for detailed financial information and to schedule a viewing.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1977
Total area 23,068 SF
Lot 0.44 ac (19,166 SF)
Zoning code C1
APN 411501 165.75-2-3
UPID US63-1966224
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Death Wish Coffee Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jj Terminal Lane LLC · 3 yrs held
Jj Terminal Lane LLC
since 2023
Last sale
$80,275
4 recorded transactions
2023
$80,275
2022
$3.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Saratoga Springs, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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