Duplex with Two-Car
For Sale
$325,000
58 Gailor Road, Gansevoort, NY 12831
MultiFamily, Gansevoort, NY
Property Size2,200 SF
Lot Size0.45 Acres
Price / SF$147.73
Days on Market8
Property Features for 58 Gailor Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking
4
Parking features
Garage, Driveway
Patio and Porch features
Porch
Interior features
Paddle Fan
Basement
Interior Entry, Unfinished, Exterior Entry, Full
Lot features
Level, Cleared, Corner Lot
High school
Saratoga Springs
Elementary school district
Saratoga Springs
Middle school district
Saratoga Springs
High school district
Saratoga Springs
Directions
From Broadway, head north on Rt 29 and turn left onto Marion Ave. Continue onto US-9 N/Maple Ave, then right on Northern Pines Rd. Stay straight onto Traver Rd, then left on Gailor Rd -- house is immediately on the right.
Standard status
Active
APN
128.5-1-55
Size
2,200 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Annual Amount
1803
Utilities
Sewer type
Septic Tank, Shared Septic
Heating system
Steam, Oil
Water source
Public
Building Details
Year built
1920
Number of units
2
Flooring type
Carpet, Laminate
Building materials
Aluminum Siding, Vinyl Siding
Roof type
Metal
Architectural style
Other
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Jaime Williams · License #10401349333
(518) 226-9478
Added: Sep 28
Changed: Oct 2
Last Checked: Oct 5 at 12:06PM
MLS# 202627051
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.
Investment Insights
Based on property information with market context.
This 2,200-square-foot duplex, built in 1920, contains two apartments, each with 2 bedrooms and 1 full bathroom. The first-floor unit is vacant; the second-floor apartment is occupied by the owner. Separate utilities serve the units. The property sits on 0.45 acres of level land and includes a two-car garage, driveway, and porch. Public water and a shared septic system serve the property, and natural gas is available at the street. Cosmetic updating is needed.
The property is in Gansevoort, with downtown Saratoga Springs, Wilton Mall, South Glens Falls, and the Northway cited as nearby destinations. It is within the low Wilton tax district.
The property is in Gansevoort, with downtown Saratoga Springs, Wilton Mall, South Glens Falls, and the Northway cited as nearby destinations. It is within the low Wilton tax district.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 full bathroom
- 2,200 square feet on 0.45 acres of level land
- Separate utilities; first‑floor unit is vacant and second‑floor unit is owner‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,211
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,220
$584.2K
Cap Rate 7%
$417,300
$417.3K
Cap Rate 9%
$324,567
$324.6K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$55.4K $25.20/SF
− Vacancy
−$2.3K −$1.06/SF
EGI
$53.1K $24.14/SF
− OpEx
−$23.9K −$10.86/SF
NOI
$29.2K $13.28/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,220
Cap Rate 7%
$417,300
Cap Rate 9%
$324,567
Alternative Uses
Best Use
Multifamily LT 5
$466.4K
$408.1K – $544.2K
NOI $32,650 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$417.3K
$365.1K – $486.9K
NOI $29,211 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$658.5K
$576.2K – $768.2K
NOI $46,094 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 12831, NY
17,483
Population
7,228
Households
2.4
Avg Household Size
43
Median Age
44%
College-Educated
94%
High-School Grad
65.2 sq mi
ZIP Area
268
Density / Sq Mi
$100,833
Median Household Income
$59,278
Median Earnings
$1,361
Median Rent
$308,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent apartments provide separate utilities and a practical layout for owner occupancy or rental use.
Where is this duplex located?
The property is located at 58 Gailor Road Gansevoort, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bathroom; 2,200 square feet on 0.45 acres of level land; Separate utilities; first‑floor unit is vacant and second‑floor unit is owner‑occupied
