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Property profile & analytics
OFF-MARKET
Investment properties

189 5th Ave Gloversville, NY 12078-1700

2,000 SF 0.34 ac lot Built 1930
Individually Owned 20-yr Hold Free & Clear
Property ID
US63-3794903
Property summary
AI-generated overview

This exceptional mixed-use property, located at 189 5th Avenue, Unit 189, in the vibrant city of Gloversville, New York, presents a compelling investment opportunity. Situated on a sizable 0.34-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and residential needs. The building's precise square footage is currently unavailable, however, the substantial lot size and strategic location suggest ample space for development or expansion. The asking price for this unique property is $234,000, representing a competitive entry point into the Gloversville real estate market. Given its mixed-use zoning and generous lot size, this property is well-suited for entrepreneurs seeking a versatile space to establish their business, or for investors looking to capitalize on the growing demand for commercial and residential properties in this dynamic area. The property's address is conveniently located within Gloversville, providing easy access to local amenities, transportation routes, and a thriving community. Further due diligence is encouraged to fully assess the property's potential and to explore the possibilities for its future development. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location at an attractive price point. Don't miss out on this chance to secure a valuable asset in the heart of Gloversville.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1930
Total area 2,000 SF
Lot 0.34 ac (14,810 SF)
Zoning code C2
APN 172800 134.16-14-4
UPID US63-3794903
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CDL Associates Insurance Agency, LLC Insurance Agency
  • Peck's Flowers (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mark Jagielski · 20 yrs held
Mark Jagielski
since 2006
1 recorded transaction
2006
$215,000
Zoning & alternative use
C2 · Gloversville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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