Two-Unit
29 Smith Street, Glens Falls, NY 12801
For Sale
$199,000
Pending
MultiFamily, Glens Falls, NY
Property Size2,090 SF
Lot Size0.13 Acres
Days on Market74
Property Features for 29 Smith Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Basement
Lot features
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Flooring type
Building materials
Architectural style
Buildings
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Elizabeth Page · License #10401333541
(518) 573-1112
Added: Aug 25
Changed: Oct 27
Last Checked: Nov 6 at 8:06PM
MLS# 202624864
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1890-built duplex contains 2,090 square feet across two units arranged on separate levels. The property has five bedrooms and two full bathrooms, with wood, carpet, linoleum, and vinyl flooring. Heating is natural gas, forced air, and a newer furnace is noted. Window-unit cooling, a porch, garage and off-street parking, and solid surface counters are among the existing features. The building is offered in as-is condition on a 0.13-acre lot.
Located in Glens Falls, the property is within Glens Falls City Schools. Public water and public sewer serve the site.
Located in Glens Falls, the property is within Glens Falls City Schools. Public water and public sewer serve the site.
Key Highlights
- Two separate units in an upper‑and‑lower configuration
- Five bedrooms and two full bathrooms
- 2,090 square feet on a 0.13‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,429
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,580
$348.6K
Cap Rate 7%
$248,986
$249.0K
Cap Rate 9%
$193,656
$193.7K
Market Conditions
NOI Build-Up for 2,090 SF
Gross rent
$33.4K $15.96/SF
− Vacancy
−$1.7K −$0.80/SF
EGI
$31.7K $15.16/SF
− OpEx
−$14.3K −$6.82/SF
NOI
$17.4K $8.34/SF
Area
Warren County, NY
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,580
Cap Rate 7%
$248,986
Cap Rate 9%
$193,656
Alternative Uses
Best Use
Multifamily LT 5
$272.9K
$238.8K – $318.4K
NOI $19,103 @ 7.0% cap · market cap 9.60%
Second Best
Apartment 5plus
$249.0K
$217.9K – $290.5K
NOI $17,429 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$625.6K
$547.4K – $729.8K
NOI $43,790 @ 7.0% cap · market cap 22.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Explore this area
Business Placement
Demographics for 12801, NY
14,850
Population
7,287
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
90%
High-School Grad
3.8 sq mi
ZIP Area
3,908
Density / Sq Mi
$70,019
Median Household Income
$46,700
Median Earnings
$1,050
Median Rent
$196,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Glens Falls, NY
Properties on Market for Duplexes in Glens Falls
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - An upper-and-lower layout provides distinct living spaces within the building.
Where is this duplex located?
The property is located at 29 Smith Street Glens Falls, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two separate units in an upper‑and‑lower configuration; Five bedrooms and two full bathrooms; 2,090 square feet on a 0.13‑acre lot
