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    58 Church St Saratoga Springs, NY 12866
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    Property profile & analytics

    58 Church St Saratoga Springs, NY 12866

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    • Investment properties
    • 3,705 SF
    • 0.23 lot acres
    For Lease
    $25 SF/Yr
    View Listing →
    Downtown Saratoga Springs Office Space For Lease
    $25 SF/Yr
    6,019 SF

    Downtown Saratoga Springs Office Space

    Versatile top floor office space available February 2026.

    58 Church Street #2, Saratoga Springs, NY 12866
    View Listing
    Property ID
    US63-0574731
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,335,000
    Cap Rate Potential
    2.7%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Mombo Media, LLC. / (Bike/Boat/Book/etc) Store / Corporate Office
    • Yaw String - Soaring Pilot Shop / Aviation Consultant
    • Vaughn Vision / Physician
    • CLA SITE Landscape Architecture, Engineering & Planning, P.C. / Engineering Consultant
    • Limbo Tattoo / Tattoo & Piercing Shop

    Property Details for 58 Church St

    Year built
    1930
    Lot size
    0.23 lot acres
    Property size
    3,705 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    411501 165.51-1-36
    APU
    41150116551136

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,660,000
      ML approach
      $1,715,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,334,000
      Market price range: $773k - $1.60M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.7886
    Latitude
    43.0838
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $196,300
    $312,400
    $508,700
    -
    $377,500
    $600,769
    $978,269

    Comparable in this City

    • Value Estimation
      $1,595,000
      7,226 SF

      20 Lk Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,226 SF
      20 Lk Ave, Saratoga Springs, NY 12866-2314
      View Details
    • Value Estimation
      $515,000
      3,096 SF

      25 Lawrence St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,096 SF
      25 Lawrence St, Saratoga Springs, NY 12866-2592
      View Details
    • Value Estimation
      $1,425,000
      8,640 SF

      360 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 8,640 SF
      360 Broadway, Saratoga Springs, NY 12866-0330
      View Details
    • Value Estimation
      $3,565,000
      17,460 SF

      440 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 17,460 SF
      440 Broadway, Saratoga Springs, NY 12866-2212
      View Details
    • Value Estimation
      $2,270,000
      14,902 SF

      421 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 14,902 SF
      421 Broadway, Saratoga Springs, NY 12866
      View Details
    • Value Estimation
      $5,535,000
      36,000 SF

      348 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 36,000 SF
      348 Broadway, Saratoga Springs, NY 12866-3110
      View Details

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      Prime location for mixed-use commercial and residential development.
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      Prime Saratoga Springs Mixed-Use Property

      Mixed-use building with development potential in downtown Saratoga Springs.
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      Corner Lot Development Opportunity

      Prime corner lot suitable for mixed-use or commercial development.
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      Saratoga Springs Corner Lot Opportunity

      Corner lot with development potential near Broadway.
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      Corner Lot Development Opportunity

      Prime Saratoga Springs corner lot with development potential.
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      Mixed-use building with parking in Saratoga Springs, NY.
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    Similar Nearby for Lease

    • New
      $1,395 /Mo
      36,875 SF

      Broadway Commercial Space For Rent

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    • $28 SF/Yr
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      Congress Park Centre Office Space

      Prime Saratoga Springs Executive Suites
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      Commercial Units in Growing Corridor

      Versatile commercial spaces suitable for business, retail, and restaurant use.
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    • $1,450 /Mo
      13,640 SF

      Renovated Office Space Near Downtown

      Charming office space in renovated school building, minutes from downtown.
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    • $1,250 /Mo
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      Remodeled Commercial Space on Route 9

      Versatile commercial space in high-traffic Saratoga Springs location.
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      View Details
    • New
      $780 /Mo
      48,529 SF

      Saratoga Springs Office Space Available

      Single room office space with natural light in Saratoga Springs.
      120 West Ave, Saratoga Springs, NY 12866
      View Details
    View Listing
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    58 Church St
    Saratoga Springs, NY 12866
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    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
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