Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Gloversville Duplex with Operational Utilities Title is generated by Realmo AI

    82 Spring Street, Gloversville, NY 12078

    View on Map
    Claim this Listing
    For Sale
    $82,000

    Two-unit duplex in downtown Gloversville, near parks, shopping, and food.

    Type:Multi Family / Duplex
    Property size:
    1,968 SF
    Price / SF:
    $41/SF
    Added:
    Apr 3, 2026
    Days on Market:
    59
    Last Refresh:
    Apr 7 at 8:51 pm

    Property Features for 82 Spring Street

    General Information

    Standard status
    Active
    Size
    1,968 SF
    Property subtype
    Multi Family / Duplex

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Emily Munson

    Listing agent Emily Munson License #10401383236

    Listing office Krutz Properties, LLC

    Listing date Apr 3, 2026

    Source Compass

    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 Krutz Properties, LLC

    HighLights

    • Two fully operational units, ideal for rental income or multi‑generational living.
    • Prime downtown Gloversville location, close to parks, shopping, and restaurants.
    • Off‑street parking and backyard access for both units.
    • New front porch and updated downstairs unit with new tiles in the kitchen, bathroom, and one bedroom.
    • Upstairs unit features a private balcony and pull‑down attic access.
    • Basement access for the downstairs unit and private side porch.

    Overview

    This two-unit duplex features fully operational utilities in both units. A new front porch enhances the property's exterior. The downstairs unit includes new tiles in the kitchen, bathroom, and one bedroom, along with access to the basement and a private side porch. The upstairs unit offers a private balcony and access to a pull-down attic. Both units have access to off-street parking and a backyard. Located in downtown Gloversville, the property is situated next to parks, shopping, and food.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloversville
    County
    Fulton
    State
    New York
    Longitude
    -74.349702
    Latitude
    43.0534349

    Nearby Similar for Sale

    • $349,999
      10,292 SF

      Historic Gloversville Building with Grant

      Multi-building property with secured grant in downtown Gloversville.
      12-24 North Main St, Gloversville, NY 12078
      View Details
    • $199,900
      1,200 SF

      Turn-Key Auto Body Shop

      Auto body shop with additional lot for extra parking.
      267 S Main Street, Gloversville, NY 12078
      View Details
    • $295,000
      4,742 SF

      Turnkey Auto Body Shop

      Equipped auto body shop for sale in Gloversville, NY.
      275 1/2 S Main Street, Gloversville, NY 12078
      View Details
    • $220,000
      3,248 SF

      Gloversville Three-Family Investment Opportunity

      Three-family property near amenities with a vacant three-bedroom apartment.
      34 3rd Avenue, Gloversville, NY 12078
      View Details
    • $159,900

      Renovated Garage/Office in Gloversville

      Renovated commercial building suitable for garage or office use.
      85 E Fulton Street, Gloversville, NY 12078
      View Details
    • $215,000
      2,284 SF

      Gloversville Two-Family Home with Upgrades

      Two-family home featuring hardwood floors, updated systems, and ample storage.
      78 Forest Street, Gloversville, NY 12078
      View Details
    • $225,000
      8,295 SF

      Gloversville Commercial Building For Sale

      Commercial building in Gloversville, NY with long-term tenant.
      35-37 N Main Street, Gloversville, NY 12078
      View Details
    • $239,900
      3,064 SF

      Four-Unit Multifamily Investment Opportunity

      Two multi-family homes on one parcel in Gloversville, NY.
      68 E Pine Street, Gloversville, NY 12078
      View Details
    • $119,900
      1,915 SF

      Gloversville Two-Unit Home

      Two-unit home in Gloversville with separate utilities.
      25 Steele Avenue, Gloversville, NY 12078
      View Details
    • $245,000
      3,968 SF

      Six-Unit Multifamily Investment Opportunity

      Six-unit property with income potential near local amenities.
      62 Orchard Street, Gloversville, NY 12078
      View Details
    • $156,900
      1,816 SF

      Turnkey Two-Family Home in Gloversville

      Updated two-family home with income potential and flexible use.
      22 Eagle Street, Gloversville, NY 12078
      View Details
    • $299,999
      3,500 SF

      Turnkey Investment Property in Gloversville

      Fully renovated 5-unit property with strong cash flow potential.
      148 North Arlington, Gloversville, NY 12078
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex in downtown Gloversville, near parks, shopping, and food.
    Where is this duplex located?
    The property is located at 82 Spring Street Gloversville, NY.
    What is the asking price?
    The asking price for this property is $82,000.
    What are key features of this property?
    This property features: Two fully operational units, ideal for rental income or multi‑generational living.; Prime downtown Gloversville location, close to parks, shopping, and restaurants.; Off‑street parking and backyard access for both units.
    (518) 448-2961
    We can help!
    Listing Contact
    Emily Munson
    Real Estate License ID: 10401383236
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    82 Spring Street, Gloversville, NY 12078
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!