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104-106 Congress Street
Saratoga Springs, NY 12866
Asking Price
$500K
Asset Type
Commercial Land
Class
Class B
What's Special
<p> Development parcel in Saratoga Springs' desirable Urban Core (UC) District, offering flexibility for mixed-use, commercial, residential, hospitality, retail, office, and entertainment uses. The site contains approximately 3,118± SF (.07 acres) with 40 feet of frontage. The owner may consider a lot line adjustment, potentially providing an additional 10-20 feet of frontage, subject to negotiations and approvals. The site appears well suited for a 3-story mixed-use building of approximately 7,
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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274