Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    29 W Fulton St Gloversville, NY 12078

    View on Map
    Sponsored
    For Sale
    $339,999

    Commercial Building - Gloversville, NY

    Property size:
    10,019 SF
    Lot size:
    0.23 Acres
    Days on Market:
    24
    Last Refresh:
    Mar 22 at 11:06 pm

    Property Features for 29 W Fulton St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    170500 149-12-2
    Parking features
    Garage
    Size
    10,019 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1900
    Year renovated
    1900
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Wayne A. Hartard
    Wayne A. Hartard

    EXP REALTY

    Listing agent Wayne Hartard

    Listing date Feb 26, 2026

    MLS# 11352954 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Gloversville Mixed-Use Investment Opportunity

    This well-maintained three-story building in Gloversville, NY, presents an excellent investment opportunity. The property features eight units, offering flexibility and strong income potential. Four units are currently occupied by long-term tenants. The remaining four vacant units provide opportunities for various ventures. The property is ideal for office space, retail, storage, or mixed-use development. The building has a total area of 10019 square feet and is situated on a 0.23-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Casale Law Firm, ... Law Firm Casale Law Firm ... Law Firm Adirondack Stained Glass ... Interior Design Edwards Investigations Law Firm Global Brand Products Home Decor Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloversville
    County
    Fulton
    State
    New York
    Longitude
    -74.346899
    Latitude
    43.050262

    Nearby Similar for Sale

    • $495,000
      816 SF

      Gloversville Warehouse with Auto Shops

      13,000+ Sq. Ft. warehouse with auto mechanic shop.
      275 S Main St, Gloversville, NY 12078
      View Details
    • $159,900

      Renovated Garage/Office in Gloversville

      Renovated commercial building suitable for garage or office complex.
      85 E Fulton St, Gloversville, NY 12078
      View Details
    • $250,000
      8,295 SF

      Gloversville Commercial Building For Sale

      Commercial building in Gloversville, NY with long-term tenant.
      35-37 N Main St, Gloversville, NY 12078
      View Details
    • $220,000
      3,248 SF

      Gloversville Three-Family Investment Opportunity

      Three-family property near amenities with a vacant 3-bedroom apartment.
      34 3Rd Ave, Gloversville, NY 12078
      View Details
    • New
      $239,900
      3,064 SF

      Four-Unit Multifamily Investment Opportunity

      Two multi-family homes on one parcel in Gloversville, NY.
      68 E Pine St, Gloversville, NY 12078
      View Details
    • $249,000
      2,503 SF

      Gloversville Commercial Building with Development Potential

      Mixed-use building with storefronts and apartment development potential.
      95 E Fulton St, Gloversville, NY 12078
      View Details
    • New
      $174,999
      1,816 SF

      Updated Two-Family Home, Gloversville

      Turnkey two-family home, updated, ideal for investors or owner-occupants.
      22 Eagle St, Gloversville, NY 12078
      View Details
    • $224,999
      2,184 SF

      Multifamily Property in Gloversville, NY

      Multifamily property with two buildings on one lot in Gloversville.
      22 Lexington Ave, Gloversville, NY 12078
      View Details
    • $139,000
      Pending

      Gloversville Multifamily Investment Opportunity

      Multifamily property with long-term tenants and off-street parking.
      92-94 Washington St, Gloversville, NY 12078
      View Details
    • New
      $189,000
      2,250 SF

      Two-Unit Investment Property

      Two-family property in Gloversville, New York, ideal for investment.
      99 6Th Ave, Gloversville, NY 12078
      View Details
    • $210,000
      0.15 Acres

      Downtown Parking Development Opportunity

      Prime parking facility development in revitalized downtown Gloversville.
      L1-4 S Main St, Gloversville, NY 12078
      View Details
    • $195,300
      Pending

      Turnkey Two-Family Home

      Two-family home in Gloversville, NY, generating $2,190/month.
      6 Meadow St, Gloversville, NY 12078
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile 8-unit building with income potential in Gloversville, NY.
    Where is this mixed-use property located?
    The property is located at 29 W Fulton St Gloversville, NY.
    What is the asking price?
    The asking price for this property is $339,999.
    What are key features of this property?
    This property features: - 8-Unit Building: Provides substantial income potential.; - Four Vacant Units: Offers immediate opportunity for customization and increased revenue.; - Versatile Property: Suitable for office, retail, storage, or mixed-use development.
    (631) 708-5249
    Request Owner's contact information
    29 W Fulton St Gloversville, NY 12078
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 W Fulton St
    Gloversville, NY 12078
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29 W Fulton St Gloversville, NY 12078
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Wayne A. Hartard
    Wayne A. Hartard
    Real Estate License ID: 10301215860
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!