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Three-Family Residential Income Property
For Sale
$199,000

34 3RD Avenue, Gloversville, NY 12078

Three-unit property includes a vacant 3-bedroom apartment plus two rented units, with recent window and plumbing updates.

Property Size3,248 SF
Price / SF$61.27
Days on Market210

Property Features for 34 3RD Avenue

General Information

Standard status Active
Size 3,248 SF
Property subtype Multi-family

Additional Details

Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: Helou International Realty Corp
Listed By: Burhan Helou
Source: Signatureonerealtygroup
Added: Feb 9 Changed: Sep 6 Last Checked: Sep 6 at 9:25AM

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 Helou International Realty Corp

Investment Insights

Based on property information with market context.

This three-family residential income property includes three separate apartments: one vacant 3-bedroom unit and two currently rented apartments. The home has had recent improvements, including newer windows and updated plumbing, along with numerous additional upgrades. The property is being sold as-is, and inspections are for buyer information only.

The property is described as conveniently located near shopping, dining, schools, and transportation, supporting everyday tenant access.

The current mix of a vacant unit with two in-place rents provides immediate income generation while the 3-bedroom apartment is available for occupancy upon transfer.

Key Highlights

  • Three‑unit property with a vacant 3‑bedroom apartment plus two rented apartments
  • Recent updates include newer windows and updated plumbing
  • Being sold as‑is; inspections are for buyer information only

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Carpet & Flooring Store Skin Care Clinic Catering Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

711
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit property includes a vacant 3-bedroom apartment plus two rented units, with recent window and plumbing updates.
Where is this triplex located?
The property is located at 34 3RD Avenue Gloversville, 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: Three‑unit property with a vacant 3‑bedroom apartment plus two rented apartments; Recent updates include newer windows and updated plumbing; Being sold as‑is; inspections are for buyer information only
More about this property
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