13 N Arlington Avenue
$795,000
13 N Arlington Avenue, Gloversville, NY 12078
8,100 sqft
Building Size
21,780 sqft
Lot Area
Details:
Highlights:
- Annual Tax: $ 14000.0
- Cooling: Central A/C
- Heating Type: Baseboard
- Sewer: Public
- Water: City Water
Description:
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.
Gloversville
Listing ID: f71a119c-405f-4b31-900a-a58d9a42c40c
Location
Gallery
