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6 British American Boulevard, Latham, NY 12110

Commercial Sale, Latham, NY

Property Size72,967 SF
Lot Size6.68 Acres
Price / SF$0.00
Days on Market117

Property Features for 6 British American Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Parking 300
Lot features Corner Lot, Landscaped
Elementary school Forts Ferry ES
High school Shaker HS
Elementary school district North Colonie (including Maplewood)
Middle school district North Colonie (including Maplewood)
High school district North Colonie (including Maplewood)
Directions I-87/Adirondack Northway to Exit 3, go past Albany International Airport. Turn left onto British American Boulevard. Turn left onto Cornell Road. 6 British American Boulevard is the first building on the left.
Standard status Active
APN 012689 18.-1-32.41
Size 72,967 SF
Lot size 6.68 Acres

Taxes and HOA fees

Tax Annual Amount 183962

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1981
Floors in Building 1
Flooring type Concrete, Carpet
Building materials Block
Roof type Rubber
Architectural style Other
Listing Agency: Hanna Commercial
Listed By: Jessica L Richer · License #10301202070
Added: Jul 13 Changed: Oct 2 Last Checked: Nov 6 at 12:06PM
MLS# 202621649

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This commercial property includes approximately 6,000 SF of office space arranged with five private offices and an open area for flexible workstation layouts. The office component also provides a staff break room and shared bathrooms located in common space. An additional 13,000 SF of warehouse space is available for lease.

The property encompasses 6.68 acres and 72,967 square feet, with a 1981 construction date. Block construction, concrete and carpet flooring, rubber roofing, central air, and electric and natural gas heating are included. Public water and public sewer serve the property. Office tenants are responsible for utilities and janitorial service.

Key Highlights

  • Approximately 6,000 SF of office space
  • Five private offices plus open workspace
  • Staff break room and shared common‑area bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$832,384
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,647,680 $16.6M
Cap Rate 7%
$11,891,200 $11.9M
Cap Rate 9%
$9,248,711 $9.2M
Market Conditions
NOI Build-Up for 72,967 SF
Gross rent
$1.05M $14.40/SF
− Vacancy
−$71.4K −$0.98/SF
EGI
$979.3K $13.42/SF
− OpEx
−$146.9K −$2.01/SF
NOI
$832.4K $11.41/SF
Area
Albany County, NY
Vacancy
6.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,647,680
Cap Rate 7%
$11,891,200
Cap Rate 9%
$9,248,711

Alternative Uses

Best Use
Office B
$16.10M
$14.09M – $18.78M (±1% cap)
NOI $1,126,902 @ 7.0% cap · market cap 9,390,850.00%
Second Best
Warehouse
$11.89M
$10.40M – $13.87M (±1% cap)
NOI $832,384 @ 7.0% cap · market cap 6,936,533.33%
Theoretical Best
Office A
$22.77M
$19.92M – $26.56M (±1% cap)
NOI $1,593,823 @ 7.0% cap · market cap 13,281,858.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Siemens Engineering Consultant BOCES Textbooks Office High School Shelly Studio of Bridge ... Bridge Club Siemens Industry Inc Construction Company EMERSON PROCESS MANAGEMENT Corporate Office

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Electrical Service Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in Albany County, NY

$163 Jul
$178 Aug
$448 Sep
$199 Oct

Properties on Market for Office Units in Albany County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The office component combines five enclosed offices with adaptable open workspace, a break room, and shared common-area restrooms.
Where is this office unit located?
The property is located at 6 British American Boulevard Latham, NY.
What are key features of this property?
This property features: Approximately 6,000 SF of office space; Five private offices plus open workspace; Staff break room and shared common‑area bathrooms
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