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5-Unit Apartment Building

148 N Arlington, Gloversville, NY 12078

For Sale
$279,999

Business Opportunity, Gloversville, NY

Property Size3,500 SF
Price / SF$79
Days on Market100

Property Features for 148 N Arlington

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bathroom 2, Bathroom 1, Bathroom 3, Bathroom 4
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

Additional Details

Individually Metered Utilities gas, electric

Taxes and HOA fees

Tax Annual Amount 2670

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Amenities

private entrances
individual porch or balcony space
front and backyard space

Building Details

Year built 1940
Floors in Building 2
Flooring type Hardwood
Roof type Asphalt
Buildings 1
Listing Agency: WOLF RIVER REAL ESTATE LLC
Listed By: Angela Gonyo
Added: Aug 7 Changed: Nov 6 Last Checked: Nov 14 at 8:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment property contains 3,500 square feet and was built in 1940. Interior features include hardwood flooring, large bedrooms, and spacious living areas. Each residence has a private entrance and its own porch or balcony area, while gas and electric are separately metered by unit. The property also includes a detached 3-car garage, front and backyard space, and operational mechanical systems. Heating is forced air fueled by natural gas; the water source is public, and the roof is asphalt.

The property occupies a corner lot at 148 N Arlington in Gloversville, New York. The stated projected capitalization rate is approximately 17%.

Key Highlights

  • Five residential units in a 3,500‑square‑foot property
  • Detached 3‑car garage
  • Gas and electric separately metered for each unit

Property Analytics

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Lease Details

5
Residential units

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Separate gas and electric meters, private entrances, and individual porch or balcony areas serve the residences.
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 residential units in a 3,500‑square‑foot property; Detached 3‑car garage; Gas and electric separately metered for each unit
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