Back to Search
Property profile & analytics
FOR LEASE
Investment properties
640 New Loudon Rd Latham, NY 12110
Entity Owned
12-yr Hold
Free & Clear
Property ID
US63-2492903
For Lease
Contact for pricing
640 New Loudon Rd, Latham, NY 12110
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1962
Total area
10,080 SF
Lot
0.73 ac (31,799 SF)
Zoning code
12
APN
012689 31.1-5-20
UPID
US63-2492903
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Amna Ents INC · 12 yrs held
Amna Ents INC
since 2014
6 recorded transactions
Zoning & alternative use
12 · Latham, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Latham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Latham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$580,000
Assessed 2023
Previous assessed
$580,000
+0.0% YoY
Assessed land
$182,500
Assessed improvement
$397,500
Land market value
$357,857
Improvement market value
$779,443
Total market value
$1,137,300
Applied tax rate
12,605.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1962
Heating
NONE
Buildings
1
Stories
2
Total area
10,080 SF
Lot
0.73 ac (31,799 SF)
Zoning code
12
APN
012689 31.1-5-20
UPID
US63-2492903
Jurisdiction
ALBANY
Zoning & alternative use
12 · Latham, NY
Zoning 12 · permitted uses
12 · Latham, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Latham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
2
Buildings
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Amna Ents INC
Entity
Free & Clear · 12 yrs held
Mailing address
12 STUTZ AVE, LATHAM, NY 12110-3322
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2014
$759,000
Amna Ents INC
Freije Fred JR & M A Trust
Grant Deed
—
Oct 28, 2010
—
Freije Fred JR & Mary A Fam Trust
Freije,fred JR & Mary A
Quit Claim Deed
related
—
Nov 12, 2008
—
Joseph P Freije
Freije,joseph P
Quit Claim Deed
related
—
—
—
Amna Ents INC
—
Deed Of Trust
related
$300,000 · Chemung Canal Tr
—
—
Amna Ents INC
—
Loan Modification, Consolidation And Extension
related
$665,285 · Chemung Canal Tr
—
—
Amna Ents INC
—
Deed Of Trust
related
$268,809 · Chemung Canal Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
