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13 N Arlington Avenue

Gloversville, NY 12078

Active

$795,000

Listing by:
Clayton J Sitterly
Coldwell Banker Prime Properties

Main building: 1 story 8100 +/-[/] brick and block building with full basement. Long established government lease (over 20 years) with existing 10 year lease (fixed till 11/2028) then with 5 year opt. There are also two office vacancies (2,000 [/] and 900 [/]) that require updates, the landlord over the last 15 years has opted not to rent. The second building is estimated at 2,000 [/] and is leased as a laundromat and is halfway into the second 5 year option with one remaining. Income and expenses upon request, highly qualified buyers only. Rounded actual gross is $163k and net before dept $90k rounded. It does not account for the two empty office spaces. A great investment especially for a owner who needs an office as well as wanting substantial income.

$795,000
0.0
Bedroom
0
Bathroom
8,100
Sq. Ft.
$ 98
$/Sq. Ft.
0.50
Acres
Year Built:
1933
County:
Fulton
School District:
Gloversville
Acres:
0.50
Listing Agent:
Clayton J Sitterly
Listing Office:
Coldwell Banker Prime Properties
CONTACT A
BUYER'S AGENT

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Features

Square Feet: 8,100
Town: Gloversville
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $14,000
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Forced Air, Hot Water, Natural Gas, Oil
Garage: 0
Property Style: Commercial
Exterior: Block, Brick
Cooling: Central Air, Other
Parking Spaces: 2
Zoning: Commercial
Units: 2900

Location



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