11 Fremont St, Gloversville, NY 12078

- Historic 1916 school conversion — one-of-a-kind asset with no comparable competition in the market - 39 units | 81,750 SF | 1.2 acres | Built 1916 | $83,974/door - 2025 Gross Income: $489,730 | 2025 NOI: $165,093 | ~5-cap on actuals - 94.9% occupied with a diversified tenant base including commercial tenants (Centers Health, MHA) - Current rent roll: $42,255/month vs. market potential of $46,940/month — $56,220/year in upside - Value-add opportunity: cosmetic LVP flooring upgrades in remaining units drives immediate rent growth - 3 vacant units ready to lease at market rate — instant income upside upon closing - Secured entry, elevator, fitness room, community lounge, laundry, and ample parking - Located in revitalizing Gloversville with job growth in Johnstown and Amsterdam corridors - Forced air heating | Public water & sewer | All units include dishwasher, refrigerator, stove, some with Washer/Dryer - Parcel: 170500 134.18-37-4.2 | Fulton County | Tax ID available upon request - Offered exclusively by The Maddalone Team — Empire Commercial