Investment Property with Income
110 Broad Street, Gloversville, NY 12078
Multifamily property with 8 units and additional development opportunity.
Type:Commercial Sale / Mixed Use
Property size:
3,992 SFPrice / SF:
$175/SF- Added:
- May 20, 2026
- Days on Market:
- 8
- Last Refresh:
- May 21 at 7:37 am
Property Features for 110 Broad Street
General Information
- Standard status
- Active
- Size
- 3,992 SF
- Property subtype
- Commercial Sale / Mixed Use
Listing agent Sarah Newton License #10401366893 (518) 812-7178
Listing office Schermerhorn Realty Group LLC (518) 812-7178
Listing date May 20, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Schermerhorn Realty Group LLC
HighLights
- High Income Potential: Currently grossing $71,244 with an immediate increase to $83,184 expected this week.
- Multiple Units: Features 8 units, offering diversified income streams.
- 6 of the 8 units have been remodeled, reducing immediate renovation costs.
- Additional Parcel Included: Comes with an additional parcel and building, offering development or expansion opportunities.
- Tenant Paid Utilities: Tenants are responsible for their own utility costs.
- Potential Garage Income: Includes a 6‑bay garage that can generate additional income.
Overview
This property presents an opportunity to start or expand an investment portfolio. It features a total of 8 units, with 6 units having been remodeled. One unit is down to the studs, and the eighth unit is currently occupied by a long-term tenant of over a decade. The property includes an additional parcel with a building suitable for redevelopment or demolition, allowing for new construction. The current gross income is $71,244, with an anticipated increase to $83,184 upon renting an additional unit. Tenants are responsible for their own utilities. A 6-bay garage offers potential for additional income.
Location Intelligence
Current Use by Public Records
Parking lots & garages
Location Insight
- Map
- Local Demand
- City
- Gloversville
- County
- Fulton
- State
- New York
- Longitude
- -74.3515265
- Latitude
- 43.04894
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily property with 8 units and additional development opportunity.
Where is this apartment building located?
The property is located at 110 Broad Street Gloversville, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High Income Potential: Currently grossing $71,244 with an immediate increase to $83,184 expected this week.; Multiple Units: Features 8 units, offering diversified income streams.; 6 of the 8 units have been remodeled, reducing immediate renovation costs.
