$4,400,000
Saratoga Springs, Inside, NY 12866
MLS# 202122695
Status: Closed
13125 sqft
1 / 9
Property Description
Attention Investors. A True Turnkey Investment In Downtown Saratoga Springs. 3 Commercial Condominiums - 13,125SF total - being sold as a package. 100% Occupied with solid tenants in long term leases with annual increases. Stable expenses locked in with HOA. Perfect for a 1031 or long term investment. Initial marketing packet under docs. NDA with LOI required for P&L, Offering Plan & lease review.
Details
Maps
Documents
Contract Information
Original List Price: 4593750
Offered Lease/Sqft: 172.47
List Price/SqFt: 350
Sold Price/SqFt: 335.24
List Price/Acres: 57421875
Sold Price/Acres: 55000000
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $4,400,000
Listing Contract Date: 2021-07-01
Current Price: $4,400,000
Location
Unit Number: 101,102,201
City/Town (Mail): Saratoga Springs
Cross Street: SW corner Phila & Henry
Street Number: 37
Street Name: HENRY
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12866
Subdivision: Downtown Saratoga Springs
Geo Lat: 43.080169
Geo Lon: -73.783178
Property Detail
Parking Y/N: Yes
Lot Size Square Feet: 0.08
Zoning: Commercial
Lot Size Dimensions: .08
Lot Size Acres: 0.08
Building Area Total: 13125
Building Available SQFT: 13125
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Year Built: 2010
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 411501 165.68-4-101/102/20
Tax Annual Amount: 45134
Tax Section: 165.68
Total Taxes Description: Estimated
Tax Block: 4
Tax Lot: 101/102/20
School District: Saratoga Springs
High School: Saratoga Springs
Association Y/N: Yes
Directions & Remarks
Directions: From Broadway In Saratoga Springs, East On Phila Street 2 Blocks. Building On The Southwest Corner Of Phila & Henry Streets.
Public Remarks: Attention Investors. A True Turnkey Investment In Downtown Saratoga Springs. 3 Commercial Condominiums - 13,125SF total - being sold as a package. 100% Occupied with solid tenants in long term leases with annual increases. Stable expenses locked in with HOA. Perfect for a 1031 or long term investment. Initial marketing packet under docs. NDA with LOI required for P&L, Offering Plan & lease review.
Sewer
Public Sewer: 1
Documents Available
Association By-Laws: 1
Lease: 1
Documents Available (Legacy): NDA
Amenities
Passenger Elevator: 1
Sprinkler System: 1
Architectural Style
Mixed Use: 1
Office: 1
Restaurant: 1
Retail: 1
Financial Details
General Taxes: 16341
General Taxes Description: Estimated
School Taxes: 28793
School Taxes Description: Estimated
Cooling
Central Air: 1
Building Detail
Elevator #: 1
Office Available SQFT: 13125
Retail Available SQFT: 13125
Warehouse Available SQFT: 0
Construction Materials
Brick: 1
Showing Requirements
Agent to Accompany: 1
No Sign: 1
Occupied: 1
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Parking Features
Off Street: 1
On Street: 1
Public Parking: 1
Possible Use
Mixed: 1
Office: 1
Office Plus: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Other: 1
See Remarks: 1
Sale Includes
Building Only: 1
Status Change Info
Status Change Date: 2022-05-25
Under Contract Date: 2021-11-29
Sold Date: 2022-05-25
Sold Price: $4,400,000
Property Features
Amenities: Passenger Elevator; Sprinkler System
Architectural Style: Mixed Use; Office; Restaurant; Retail
Construction Materials: Brick
Cooling: Central Air
Documents Available: Association By-Laws; Lease
Heating: Forced Air; Natural Gas
Parking Features: Off Street; On Street; Public Parking
Possible Use: Mixed; Office; Office Plus; Office/Retail; Restaurant; Retail; Other; See Remarks
Roof: Rubber
Sale Includes: Building Only
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; No Sign; Occupied
Special Listing Conditions: Standard
Water Source: Public
Disclosures 
Listing Courtesy of Julie & Co Realty LLC
Listing Agent: JoAnn Potrzuski Cassidy
518-470-3281 | joannpcassidy@gmail.com
518-470-3281 | joannpcassidy@gmail.com
