- For Sale Contact for pricing
- Property Type Mixed Use
- Property Size 38,857 SF
- Lot Size 0.28 Acre
- Additional Rent Contact for pricing
- Year Built 1950
- Date Updated Sep 4, 2024
- Website rimarketplace.com
Attractive Basis with Considerable Upside
Offered at a compelling basis well below replacement cost given recent renovation with substantial upside in leasing the two vacant commercial suites.
Assessed market value of $4.7MM creating tremendous opportunity for a successful tax appeal. A one-third reduction increases cash flow by $45K.
Ability to increase revenue with continued enhancement to the residential units while still offering a discount to competing Class A offerings.
Offered at a compelling basis well below replacement cost given recent renovation with substantial upside in leasing the two vacant commercial suites.
Assessed market value of $4.7MM creating tremendous opportunity for a successful tax appeal. A one-third reduction increases cash flow by $45K.
Auctioneer: Ralph Passono, Jr.
Auctioneer Company: c/o Fisher Auction Company Inc.
Auctioneer License: 1; NY Broker No.:10311203946
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
87/100
Very Walkable
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Bike Score ®
65/100
Bikeable
- City Glens Falls, NY
- Neighborhood Glens Falls
- Zip Code 12801
- Market Albany
Points of Interest
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Fort Edward-Glens Falls
4.31 miles
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Stewart's
0.69 miles
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Speedway
0.73 miles
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Citgo
0.78 miles
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Stewart's
0.97 miles
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Sunoco
1.41 miles
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Cumberland Farms
1.46 miles
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Sunoco
1.52 miles
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Sunoco
1.53 miles
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Speedway
1.60 miles
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Gulf
1.76 miles
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Elm Street Municipal Parking
0.08 miles
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South Street Municipal Parking
0.13 miles
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Provider Lot
0.21 miles
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Visitor Parking
0.22 miles
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E.D. Lot
0.22 miles
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Late Shift Lot
0.24 miles
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Pruyn Lot
0.25 miles
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Finch Lot
0.28 miles
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G.I. Lot
0.29 miles
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Oakland Street Public Parking
0.29 miles
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The Queensbury Hotel
0.10 miles
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Fairfield Inn
1.88 miles
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Holiday Inn Express & Suites
1.97 miles
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Super 8 Motel
2.04 miles
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Ramada
2.15 miles
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Quality Inn
2.20 miles
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Hilton
2.20 miles
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Econo Lodge
2.22 miles
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Sleep Inn
2.45 miles
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Country Inn & Suites
3.44 miles
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Gourmet Cafe
0.05 miles
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Bistro Talullah
0.05 miles
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Downtown Social
0.06 miles
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Davidson Brothers Brewing Company
0.07 miles
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Park 26
0.08 miles
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Craft on 9
0.08 miles
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Morgan & Co Restaurant
0.09 miles
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Siam Thai Sushi
0.10 miles
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Downtown City Tavern
0.10 miles
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The Exchange
0.11 miles
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Center For Early Learning
0.13 miles
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St. Mary's-St. Alphonsus Regional Catholic School
0.13 miles
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Sanford Street Teaching and Learning Center
0.64 miles
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Broad Street School
0.69 miles
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Abraham Wing Public School
0.70 miles
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Big Cross Street School
0.84 miles
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Jackson Heights School
0.94 miles
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Glens Falls Common School District Campus
0.94 miles
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Saint Michael The Archangel School
1.27 miles
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Harrison Avenue Elementary School
1.58 miles
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Robert L Hutchinson Child Care Center
2.74 miles
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Washington County Head Start
2.92 miles
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World Class Kids
3.07 miles
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Margaret Murphy Kindergarten Center
3.19 miles
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Tot Spot Childcare
4.06 miles
Frequently Asked Questions
How much does Lender-Owned Mixed-Use Apartments cost?
The sale price for Lender-Owned Mixed-Use Apartments is available upon request. Contact the listing broker for more information.
What is the total square footage of Lender-Owned Mixed-Use Apartments?
Lender-Owned Mixed-Use Apartments totals 38,857 square feet.
When was this property built?
Lender-Owned Mixed-Use Apartments was built in 1950.
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Contact Listing Broker
Doug Clark
RealINSIGHT Marketplace
