Warehouse with Long-Term
For Sale
$5,200,000
16 Avis Drive, Latham, NY 12110
Warehouse property occupied by NYS under a newly executed long-term lease.
Property Size53,528 SF
Price / SF$97.15
Days on Market12
Property Features for 16 Avis Drive
General Information
Standard status
Active
Size
53,528 SF
Property subtype
Commercial
Amenities
Accessible Approach with Ramp
Accessible Doors
Accessible Full Bath
Accessible Hallway(s)
Building Details
Year Built
1972
Listing Agency:
Hanna Commercial
(518) 992-5224
Listed By:
Jessica L Richer · License #10401377015
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 23 at 6:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial
Investment Insights
Based on property information with market context.
This warehouse property at 16 Avis Dr in Latham, NY, contains 53,528 square feet. The building is occupied by NYS, which has maintained its presence at this address for more than 30 years.
A newly signed 10-year lease is in place, providing a defined lease term for the property. The combination of substantial warehouse area, established occupancy, and extended lease duration gives the asset a straightforward commercial profile.
A newly signed 10-year lease is in place, providing a defined lease term for the property. The combination of substantial warehouse area, established occupancy, and extended lease duration gives the asset a straightforward commercial profile.
Key Highlights
- 53,528‑square‑foot warehouse property
- NYS has occupied the location for over 30 years
- Newly signed 10‑year lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12110, NY
19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Room To Spare Storage — 151 Wade Rd, Latham, NY 12110
- A Metro Self Storage — 889 Troy-Schenectady Rd, Latham, NY 12110
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property occupied by NYS under a newly executed long-term lease.
Where is this warehouse located?
The property is located at 16 Avis Drive Latham, NY.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 53,528‑square‑foot warehouse property; NYS has occupied the location for over 30 years; Newly signed 10‑year lease
