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Renovated 5-Unit Apartment Building
For Sale
$279,999

148 N Arlington, Gloversville, NY 12078

Business Opportunity, Gloversville, NY

Property Size3,500 SF
Price / SF$79
Days on Market43

Property Features for 148 N Arlington

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
View City
High school district GLOVERSVILLE CITY SCHOOL DISTRICT
Directions From Rensselaer / Albany Area (approx. 1 hr 15 min) Get on I-90 W (NY State Thruway) Take Exit 27 toward Amsterdam/NY-30 Follow NY-30 N toward Gloversville Stay on NY-30 N for ~20 miles Turn right onto NY-29 (W Fulton St) Turn left onto N Arlington Ave Destination will be on your right
Standard status Active
Size 3,500 SF

Taxes and HOA fees

Tax Annual Amount 2670

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Amenities

private entrances
porch/balcony
front and backyard
detached garage

Building Details

Year built 1940
Floors in Building 2
Flooring type Hardwood
Roof type Asphalt
Listing Agency: WOLF RIVER REAL ESTATE LLC
Listed By: Angela Gonyo
Added: Aug 7 Changed: Sep 16 Last Checked: Sep 18 at 2:06PM
MLS# 11924485

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit apartment property offers 3,500 square feet of residential space in a building constructed in 1940. Unit improvements include hardwood flooring, fresh paint, updated outlets, switches, lighting, and smoke and carbon monoxide detectors. Each apartment has its own entrance and includes either porch or balcony space, while larger bedrooms and living areas provide functional layouts. Mechanical systems are operational, appliances are in place, and heating is provided by forced air using natural gas.

Gas and electric service are separately metered for each unit. The corner-lot property also includes front and backyard areas plus a detached three-car garage that can support parking or storage use. The building has an asphalt roof and public water service, with the property located in Gloversville, New York.

Key Highlights

  • Five‑unit apartment property with 3,500 square feet
  • Separate gas and electric meters serve each apartment
  • Private entrances with individual porch or balcony space

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Cafe & Coffee Shop Carpet & Flooring Store Catering Service Barber Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

648
Businesses Nearby

Demographics for 12078, NY

23,009
Population
11,668
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
87%
High-School Grad
110.8 sq mi
ZIP Area
208
Density / Sq Mi
$54,565
Median Household Income
$36,769
Median Earnings
$908
Median Rent
$122,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated interiors, separate utility metering, and private entrances support practical multifamily operations.
Where is this apartment building located?
The property is located at 148 N Arlington Gloversville, NY.
What is the asking price?
The asking price for this property is $279,999.
What are key features of this property?
This property features: Five‑unit apartment property with 3,500 square feet; Separate gas and electric meters serve each apartment; Private entrances with individual porch or balcony space
More about this property
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