Mixed-Use Property
43 Cayadutta Street, Gloversville, NY 12078
For Sale
$5,000,000
MultiFamily, Gloversville, NY
Property Size4,424 SF
Lot Size0.59 Acres
Price / SF$1,130
Days on Market40
Property Features for 43 Cayadutta Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Exterior features
Basement
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
Water source
Building Details
Year built
Number of units
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Helou International Realty Corp
Listed By:
Burhan Helou · License NY #10311202641
(518) 844-2447
Added: Oct 6
Changed: Nov 11
Last Checked: Nov 14 at 7:06AM
MLS# 202627689
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.
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Investment Insights
Based on property information with market context.
The portfolio includes 28 residential and commercial properties across Gloversville, Johnstown, and Amsterdam. Property details for 43 Cayadutta Street in Gloversville include a 4,424-square-foot building on a 0.59-acre lot, constructed in 1968 with block and stucco exterior materials.
The Gloversville property has forced-air heating, a garden, public water, and public sewer. The portfolio is reported with an approximate 9.6% cap rate.
The Gloversville property has forced-air heating, a garden, public water, and public sewer. The portfolio is reported with an approximate 9.6% cap rate.
Key Highlights
- 28 residential and commercial properties in Gloversville, Johnstown, and Amsterdam
- Approximate 9.6% cap rate
- 43 Cayadutta Street property: 4,424 square feet on a 0.59‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$197,691
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,953,820
$4.0M
Cap Rate 7%
$2,824,157
$2.8M
Cap Rate 9%
$2,196,567
$2.2M
Market Conditions
NOI Build-Up for 4,424 SF
Gross rent
$370.6K $83.76/SF
− Vacancy
−$11.1K −$2.51/SF
EGI
$359.4K $81.25/SF
− OpEx
−$161.7K −$36.56/SF
NOI
$197.7K $44.69/SF
Area
Fulton County, NY
Vacancy
3.00%
Lease Rate
$83.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,953,820
Cap Rate 7%
$2,824,157
Cap Rate 9%
$2,196,567
Alternative Uses
Best Use
Apartment 5plus
$2.82M
$2.47M – $3.29M
NOI $197,691 @ 7.0% cap · market cap 3.95%
Second Best
Mixed Use
$767.9K
$671.9K – $895.9K
NOI $53,752 @ 7.0% cap · market cap 1.08%
Theoretical Best
Multifamily LT 5
$3.06M
$2.68M – $3.57M
NOI $214,088 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering comprises residential and commercial properties in Gloversville, Johnstown, and Amsterdam.
Where is this mixed-use property located?
The property is located at 43 Cayadutta Street Gloversville, NY.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 28 residential and commercial properties in Gloversville, Johnstown, and Amsterdam; Approximate 9.6% cap rate; 43 Cayadutta Street property: 4,424 square feet on a 0.59‑acre lot
