$800,000
Glens Falls, NY 12801
MLS# 202414823
Status: Closed
23688 sqft
1 / 15
Property Description
Help usher in a new era on South Street at this redevelopment opportunity in the heart of the City of Glens Falls. This 23,688 SF building spans 3 floors and sits at the corner of South Street and Elm Street in Glens Falls. Drawings on file for a mixed use conversion with commercial storefronts and (16) 1-BR apartment units. This building is a prime candidate for potential public financial assistance through The Restore New York Communities Initiative (''Restore NY''). Favorable CCD Zoning.
Details
Maps
Documents
Contract Information
Original List Price: 1200000
List Price/SqFt: 50.66
Sold Price/SqFt: 33.77
List Price/Acres: 6315789.47
Sold Price/Acres: 4210526.32
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $800,000
Listing Contract Date: 2024-04-08
Current Price: $800,000
Location
City/Town (Mail): Glens Falls
Street Number: 46
Street Name: South
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12801
Geo Lat: 43.309429
Geo Lon: -73.647104
Property Detail
Stories: 3
Lot Size Square Feet: 8292
Zoning: Commercial
Lot Size Dimensions: 126x69
Lot Size Acres: 0.19
Building Area Total: 23688
Waterfront Y/N: No
Parcel, Tax, HOA
Parcel Number: 309.28-2-6
Tax Annual Amount: 19479.36
Tax Section: .28-2
Total Taxes Description: Actual
Tax Block: 309
Tax Lot: 6
Directions & Remarks
Directions: I 87 Exit 18 to Main Street to South Street. Building is located at corner of South and Elm.
Public Remarks: Help usher in a new era on South Street at this redevelopment opportunity in the heart of the City of Glens Falls. This 23,688 SF building spans 3 floors and sits at the corner of South Street and Elm Street in Glens Falls. Drawings on file for a mixed use conversion with commercial storefronts and (16) 1-BR apartment units. This building is a prime candidate for potential public financial assistance through The Restore New York Communities Initiative (''Restore NY''). Favorable CCD Zoning.
Sewer
Public Sewer: 1
Architectural Style
Apartments: 1
Commercial: 1
Mixed Use: 1
Electric
200+ Amp Service: 1
Three Phase: 1
Financial Details
Full Market Assessment: 585106
Tax Assessed Value: 550000
General Taxes: 10708.37
General Taxes Description: Actual
School Taxes: 8770.99
School Taxes Description: Estimated
Cooling
None: 1
Basement
Interior Entry: 1
Lot Features
Corner Lot: 1
Building Detail
Fire Sprinkler System Y/N: No
Construction Materials
Brick: 1
Possession
At Closing: 1
Flooring
Wood: 1
Showing Requirements
Agent to Accompany: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
None: 1
Parking Features
Parking Total: 0
Possible Use
Apartment Plus: 1
Restaurant: 1
Retail: 1
Sale Includes
Building & Land: 1
Status Change Info
Status Change Date: 2025-01-20
Under Contract Date: 2024-11-04
Sold Date: 2025-01-17
Sold Price: $800,000
Property Features
Architectural Style: Apartments; Commercial; Mixed Use
Basement: Interior Entry
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service; Three Phase
Flooring: Wood
Heating: None
Lot Features: Corner Lot
Possession: At Closing
Possible Use: Apartment Plus; Restaurant; Retail
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Showing Service
Special Listing Conditions: Standard
Water Source: Public
Municipal Information 
Listing Courtesy of Realize Brokers
Listing Agent: Nicholas Ketter
518-656-0556 | nic@realizebrokers.com
518-656-0556 | nic@realizebrokers.com
