Building Details

Building Size 21,941 SF

Listing Agency: Lee & Associates - New York

Listed By: Sean Slattery · License #10301221373 Show Phone

Source: Lee-associates

Added: Nov 26, 2025 Changed: Oct 3 Last Checked: Oct 16 at 8:11AM

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Investment Insights

Based on property information with market context.

This portfolio of multifamily assets is located in Amsterdam, New York. Situated in Montgomery County, the portfolio comprises 8 assets, with configurations ranging from single-family to four-family buildings. The properties have been newly renovated and are fully leased, presenting an opportunity for immediate cash flow with no deferred maintenance or additional capital requirements. Amsterdam is a city with a population of approximately 18,000 residents. Located in Montgomery County, New York, it is part of the Capital District in the Mohawk Valley, offering a mix of historical charm and modern amenities. The city of Amsterdam has a median age of around 38 years, indicating a balanced mix of young families, working adults, and seniors. There are approximately 7,500 households in the city, with an average household size of 2.3 persons. The properties included in the portfolio are located at 5 Phillips St, 5 Mcclellan Ave, 53 Academy St, 205 Church St, 2 Bayard St, 261 W Main St, 68 James St, and 90 Forbes St, all within Amsterdam, NY 12010. The total property size is 21941 square feet.

Key Highlights

• Portfolio of 8 multifamily assets in Amsterdam, NY.
• 100% leased, providing immediate cash flow.
• Newly renovated with no deferred maintenance.

Property Analytics

Current Use

Multifamily properties

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 12010, NY

28,845

Population

13,436

Households

2.1

Avg Household Size

41

Median Age

23%

College-Educated

89%

High-School Grad

128.3 sq mi

ZIP Area

225

Density / Sq Mi

$60,013

Median Household Income

$40,664

Median Earnings

$952

Median Rent

$161,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Multifamily property - Newly renovated, 100% leased multifamily portfolio in Amsterdam, New York.

Where is this multifamily property located?

The property is located at Amsterdam Portfolio West Glenville, NY.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Portfolio of 8 multifamily assets in Amsterdam, NY.; 100% leased, providing immediate cash flow.; Newly renovated with no deferred maintenance.