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By Andrea Harwood Palmer
The West at Saratoga, at 116 West Ave. in Saratoga Springs, is a luxury high-rise condo inspired by buyer demand and a desire to live in high-rise condominiums that already exist on Broadway, according to real estate broker Scott Varley of Keller Williams in Saratoga Springs.
He is the listing agent for the condos. He said interest in the condos is running high.
The average sale price of the Broadway condos is well over $1 million dollars, said Varley. The COVID-19 pandemic, coupled with many people working from home, have driven buyers away from larger cities.
“There are many people who would love to live that kind of lifestyle, but at half that price. In the condo category of the Saratoga Springs market, half a million dollars is very reasonable,” said Varley.
“Real estate is the fuel for the engine of a booming economy,” said Varley. “And our area is benefiting from the pivot northward happening in the state right now.”
Varley’s team found land zoned properly within walking distance of downtown Saratoga and set about building higher-end condos at a more price-conscious buying point. The condos were built by West Avenue Development Saratoga.
The walk from the condos to downtown goes right down Grand Avenue through the arts district on Beekman Street. Pricing starts at $495,000, with a $300-per-month fee that covers all maintenance outside of the individual unit. Homes come with a six-year warranty.
All are two-bedroom and two-bathroom units. Every condo has a balcony that will fit 6-8 people. Units have nine-foot ceilings, ample storage, a butler’s pantry and additional storage on the fourth floor.
The units are custom finished to the buyer’s specifications. Varley said most buyers don’t bother spending extra on upgrades because everything is already top quality.
“The property is beautiful, and we took things a step further,” said Varley. “When you drive by, you see a very elegant, contemporary building. Then the real magic happens when you step through the door. The reactions from people are astounding.”
In the back of the building sits a ground-floor heated garage for residents, as well as additional outdoor parking. The property has a full-sized gym and a private conference room.
“The pièce de résistance is that we have the only rooftop pool on a condo between here and Montreal,” said Varley.
The property has ground floor commercial space available for sale. The space is 4,000 square feet.
He said the top unit recently sold for just under $850,000.
Thirty-four units were built, and 10 have already sold.
Varley can be reached at 518-281-6808, or at info@scottvarley.com, Online viewing can be seen at www.thewestsaratoga.com.