Listing Agency: Coldwell Banker Prime Properties Johnstown g***@cbpp.com Show Phone

Listed By: Gillian Paciolla · License #NY

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:03AM

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Investment Insights

Based on property information with market context.

This two-family duplex at 7 Cherry St features a three-bedroom residence on the upper floor and another three-bedroom residence below. The layout provides separate living spaces within one residential income property.

The property is in Gloversville, near Downtown and other amenities, with a park directly next door.

Key Highlights

• Two‑family duplex configuration
• Three‑bedroom residence on each floor
• Park directly next door

Property Analytics

Property Profile

Current Use

Mystic Glen Custom ... Marketing & Advertising

Suggested Use

Top Pick Auto Parts Store Daycare Center Electrical Service Carpet & Flooring Store Tech Support Center Barber Shop

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

600

Businesses Nearby

Explore this area 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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Three-bedroom residences occupy both floors.

Where is this duplex located?

The property is located at 7 CHERRY ST Gloversville, NY.

What are key features of this property?

This property features: Two‑family duplex configuration; Three‑bedroom residence on each floor; Park directly next door