Sold for $235,000

$235,000

88 Broadway, Saranac Lake, NY 12983

--beds

0baths

2,569sqft

Apartment

Built in 1893

-- sqft lot

$265,200 Zestimate^®

$91/sqft

$1,335 Estimated rent

Home value

$265,200

$223,000 - $310,000

$1,335/mo

Zestimate^® history

Owner options

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$1,335/mo

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$1,335/mo

Rent Zestimate^®

Refinance and save

$1,362/mo

Est. payment

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$1,362/mo

Est. payment

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What's special

Great investment opportunity! Completely renovated building , in the heart of downtown Saranac Lake, on the Winter Carnival Parade route, just steps from nightlight, cafes', parks , grocery and other shopping, and a few blocks from the new multi use trails. Currently vacant and easy to show, 2 one bedroom apartments on first level, 3 bedroom on 2 nd floor and an unfinished 4th unit possibility on top floor.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Baseboard, Oil

Cooling

None

Appliances

Included: Electric Range, Oil Water Heater, Refrigerator

Features

Apartment, Ceiling Fan(s)
Windows: Vinyl Clad Windows
Basement: Full

Interior area

Total structure area: 2,569
Total interior livable area: 2,569 sqft

Property

Parking

Parking features: No Garage

Features

Patio & porch: Porch
Has view: Yes
View description: Commercial
Body of water: None

Lot

Size: 2,613 Square Feet
Dimensions: .06
Features: Level
Topography: Level

Details

Parcel number: 447.69112.100
Zoning: Mixed
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Vinyl Siding
Foundation: Stone
Roof: Asphalt

Condition

Year built: 1893

Utilities & green energy

Utilities for property: Internet Available, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: None

Location

Region: Saranac Lake

Financial & listing details

Price per square foot: $91/sqft
Tax assessed value: $14,180
Annual tax amount: $383
Date on market: 3/19/2024
Listing agreement: Exclusive Right To Sell
Listing terms: 1031 Exchange,Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
10/9/2024	Sold	$235,000+6.8%$91/sqft
Source: ACVMLS #201485 Report a problem
6/15/2024	Pending sale	$220,000$86/sqft
Source: ACVMLS #201485 Report a problem
3/19/2024	Listed for sale	$220,000-13.7%$86/sqft
Source: ACVMLS #201485 Report a problem
3/19/2024	Listing removed	--
Source: ACVMLS #176867 Report a problem
10/9/2023	Pending sale	$255,000$99/sqft
Source: ACVMLS #176867 Report a problem
7/8/2023	Price change	$255,000-3.8%$99/sqft
Source: ACVMLS #176867 Report a problem
1/31/2023	Price change	$265,000-11.4%$103/sqft
Source: ACVMLS #176867 Report a problem
7/25/2022	Listed for sale	$299,000$116/sqft
Source: ACVMLS #176867 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$179,200
2024	--	$179,200 +1640%
2023	--	$10,299
2022	--	$10,299
2021	--	$10,299
2020	--	$10,299
2019	--	$10,299
2018	--	$10,299
2017	$276	$10,299
2016	--	$10,299
2015	--	$10,299
2014	--	$10,299
2013	--	$10,299
2012	--	$10,299
2011	--	$10,299
2010	--	$10,299
2009	--	$10,299 -96.1%
2008	--	$265,200
2007	--	$265,200
2006	--	$265,200 +178.9%
2005	--	$95,100
2004	--	$95,100
2003	--	$95,100
2002	--	$95,100
2001	--	$95,100