New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Warehouses
274 Main St, Gloversville, NY 12078-4205
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-3377175
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Total area
31,180 SF
Lot
3.7 ac (161,172 SF)
Zoning code
C
APN
170500 149.9-1-22.5
UPID
US63-3377175
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
-
Capital City Coffee Roasters Cafe & Coffee Shop Specialty Food Shop
-
Antonucci Foods Agricultural Supply Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.61M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$3.54M
Owner & transaction history
Antonucci Wholesale P INC · 1 yrs held
Antonucci Wholesale P INC
since 2024
Last sale
$3.5M
2 recorded transactions
Zoning & alternative use
C · Gloversville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+141.0%
Restaurant
$3.3M
+100.9%
Medical building
$2.8M
+74.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gloversville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gloversville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,905,000
6.5%
$3,605,000
7%
$3,345,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,910,000
Change: +141% · Conversion: Easy
RESTAURANT
$3,260,000
Change: +101% · Conversion: Difficult
MEDICAL BUILDING
$2,835,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$2,665,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,330,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$2,320,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±10% · vs last sale $3.50M (Jan 30 2025)
Last sale anchor
$3.50M
Jan 30 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$113 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$1,033,400
Assessed 2023
Previous assessed
$1,033,400
+0.0% YoY
Assessed land
$77,100
Assessed improvement
$956,300
Land market value
$100,996
Improvement market value
$1,252,685
Total market value
$1,353,681
Applied tax rate
170,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Heating
NONE
Stories
2
Total area
31,180 SF
Lot
3.7 ac (161,172 SF)
Zoning code
C
APN
170500 149.9-1-22.5
UPID
US63-3377175
Jurisdiction
FULTON
Zoning & alternative use
C · Gloversville, NY
Zoning C · permitted uses
C · Gloversville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gloversville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.9M
RESTAURANT
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
2
Lot
3.7 ac
Current owner
From public records · entity-resolved
Antonucci Wholesale P INC
Entity
Free & Clear · 1 yrs held
Mailing address
274 S MAIN ST, GLOVERSVILLE, NY 12078-4205
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
$15,000
Antonucci Wholesale P INC
280 S Main Vntrs INC
Quit Claim Arm's Length For Ne States
—
Apr 12, 2022
—
Antonucci Wholesale P INC
280 S Main Vntrs INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 274 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
