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10-Unit Apartment Portfolio
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37 Lawrence Street, Glens Falls, NY 12801

All apartments are leased in two-story buildings served by public water and sewer.

Property SizeContact for details
Lot Size0.42 Acres
Days on Market6

Property Features for 37 Lawrence Street

General Information

Standard status Active
Lot size 0.42 Acres
Property subtype Multifamily
Zoning GC1
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 3 x 2BR/1BA, 7 x 1BR/1BA
Multifamily Units 10

Building Details

Stories 2
Listing Agency: Realize Brokers
Listed By: Nic Ketter · License #10491210023
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:57PM

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 Realize Brokers

Investment Insights

Based on property information with market context.

This 10-unit apartment portfolio spans four Lawrence Street addresses and two adjoining tax parcels totaling approximately 0.42 acres. The unit mix includes three two-bedroom apartments and seven one-bedroom apartments, each with one bathroom; all ten units are leased. The two-story buildings were constructed in 1950 and 1980. Heating includes natural gas forced warm air and hot water baseboard, along with some electric baseboard. A garage on the 0.34-acre parcel at 38-40 Lawrence Street currently provides storage. The property is zoned GC1, General Commercial 1, and has public water and sewer service.

The parcels are at the corner of Lawrence and Cherry Streets, approximately half a mile from downtown Glens Falls. The city is connected to Lake George, Saratoga Springs and the Capital Region by I-87. Virtual tours are available for nine apartments; showings are by appointment.

Key Highlights

  • 10 apartments: three two‑bedroom and seven one‑bedroom units, each with one bathroom
  • All 10 units are leased
  • Two adjoining tax parcels total approximately 0.42 acres

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Veterinary Clinic Catering Service Cafe & Coffee Shop Computer & Electronic Repair

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

10
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,843
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - All apartments are leased in two-story buildings served by public water and sewer.
Where is this apartment building located?
The property is located at 37 Lawrence Street Glens Falls, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 10 apartments: three two‑bedroom and seven one‑bedroom units, each with one bathroom; All 10 units are leased; Two adjoining tax parcels total approximately 0.42 acres
More about this property
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