$2,290,000
Glens Falls, NY 12801
MLS# 202618545
18 beds
1 / 25
Property Description
Income-producing 34-unit multifamily assemblage spanning four buildings on approximately 2.23 acres in the City of Glens Falls. Four well-located properties -- 195 Ridge St., 190 Ridge St., 45 William St., and 8 Lawton Ave. -- combine for a unit mix of 5 two-bedroom, 14 one-bedroom, and 15 studio apartments. Low vacancy and a stable rent roll drive consistent monthly cash flow, with ample on-site parking across all four buildings. Concentrated ownership in a single market makes this a manageable, scalable hold, with room to grow income through rent and operational improvements. Full financials provided to qualified buyers upon request. Schedule a private tour through the listing agent.
Details
Maps
Documents
Contract Information
Original List Price: 2229000
List Price/SqFt: 109.75
Status: Active
Property Sub Type: Multi Family
List Price: $2,290,000
Current Price: $2,290,000
Listing Contract Date: 2026-06-01
Location
City/Town (Mail): Glens Falls
Street Number: 190
Street Name: Ridge
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12801
Geo Lat: 43.317553
Geo Lon: -73.644166
Property Detail
Number Of Units Total: 34
Rooms Total: 34
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 20866
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 20866
Zoning: Multi Residence
Deed Restrictions: Unknown
Lot Size Acres: 2.23
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 18
Bathrooms Full: 34
Year Built: 1897
Parcel, Tax, HOA
Parcel Number: 520500 302.16-17-4
Tax Annual Amount: 47504
Tax Section: 302.16
Total Taxes Description: Estimated
Tax Block: 17
Tax Lot: 4.000
School District: Glens Falls
High School: Glens Falls
Association Y/N: No
Directions & Remarks
Directions: I 87 Take Exit 18 to downtown Glens Falls Centennial Circle. Take Ridge St. Property is on your left (190 Ridge) and right (195 Ridge)
Public Remarks: Income-producing 34-unit multifamily assemblage spanning four buildings on approximately 2.23 acres in the City of Glens Falls. Four well-located properties -- 195 Ridge St., 190 Ridge St., 45 William St., and 8 Lawton Ave. -- combine for a unit mix of 5 two-bedroom, 14 one-bedroom, and 15 studio apartments. Low vacancy and a stable rent roll drive consistent monthly cash flow, with ample on-site parking across all four buildings. Concentrated ownership in a single market makes this a manageable, scalable hold, with room to grow income through rent and operational improvements. Full financials provided to qualified buyers upon request. Schedule a private tour through the listing agent.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Electric
200+ Amp Service: 1
Financial Details
Full Market Assessment: 1862900
General Taxes: 21004
General Taxes Description: Estimated
School Taxes: 26500
School Taxes Description: Estimated
Attic Features
Floored: 1
Full: 1
Walk-Up: 1
Cooling
Window Unit(s): 1
None: 1
Basement
Exterior Entry: 1
Full: 1
Unfinished: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 2nd
Full Bath 6: 2nd
Full Bath 7: 2nd
Full Bath 8: 2nd
Full Bath 9: 3rd
Full Bath 10: 3rd
Lot Features
Corner Lot: 1
Landscaped: 1
Level: 1
Road Frontage: 1
Construction Materials
Cedar: 1
Plaster: 1
Stone: 1
Wood Siding: 1
Other Structures
Barn(s): 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Fireplace Features
Other: 1
Flooring
Carpet: 1
Hardwood: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Asphalt: 1
Shingle: 1
Slate: 1
Water Source
Public: 1
Heating
Baseboard: 1
Hot Water: 1
Natural Gas: 1
Zoned: 1
Income And Expenses
Rental Income: 29600
Rental Income Description: Monthly
Interior Features
Built-in Features: 1
Parking Features
Parking Total: 28
Off Street: 1
Paved: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Porch: 1
Rear Porch: 1
Side Porch: 1
Levels
Three Or More: 1
Two: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Water Heater: 1
Number Of Separate Electric Meters: 34
Tenant Pays
Cable TV: 1
Electricity: 1
Hot Water: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 190 Ridg
Total Rooms MF Unit 1: 9
Total Bedrooms MF Unit 1: 9
Total Full Baths MF Unit 1: 9
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 195 Ridg
Total Rooms MF Unit 2: 17
Total Bedrooms MF Unit 2: 17
Total Full Baths MF Unit 2: 17
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 45 Willi
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 4
Total Full Baths MF Unit 3: 4
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 8 Lawton
Total Rooms MF Unit 4: 8
Total Bedrooms MF Unit 4: 8
Total Full Baths MF Unit 4: 4
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: n/a
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: n/a
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: n/a
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: n/a
Status Change Info
Status Change Date: 2026-06-01
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Floored; Full; Walk-Up
Basement: Exterior Entry; Full; Unfinished; Walk-Out Access
Construction Materials: Cedar; Plaster; Stone; Wood Siding
Cooling: Window Unit(s); None
Electric: 200+ Amp Service
Exterior Features: None
Fireplace Features: Other
Flooring: Carpet; Hardwood
Heating: Baseboard; Hot Water; Natural Gas; Zoned
Interior Features: Built-in Features
Levels: Three Or More; Two
Lot Features: Corner Lot; Landscaped; Level; Road Frontage
Other Structures: Barn(s)
Parking Features: Off Street; Paved
Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch; Side Porch
Possession: At Closing; Subject To Tenant Rights
Roof: Asphalt; Shingle; Slate
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Hot Water
Utilities: Cable Available
Water Source: Public
Municipal Information 
Listing Courtesy of Realize Brokers
Listing Agent: Nicholas Ketter
518-678-4444 | nic@realizebrokers.com
518-678-4444 | nic@realizebrokers.com