613 New Loudon Road, Latham, NY
4.3-acre site with 24,488 SF building leased to Carvana.
- Added:
- Sep 25, 2025
- Days on Market:
- 285
- Last Refresh:
- Jun 29 at 7:08 am
Property Features for 613 New Loudon Road
General Information
- Standard status
- Active
- Size
- 24,488 SF
- Property subtype
- Mixed Use
Listing office Atlantic Home Realty (518) 489-9199
Listing date Sep 25, 2025
Source Pyramidbrokerage
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 Atlantic Home Realty
HighLights
- Existing lease to Carvana provides immediate income stream.
- Prime location on high‑traffic Route 9 corridor.
- Large 4.3‑acre site with a 24,488 square foot building.
- Lease extends to 12/31/2026, offering medium‑term stability.
- Tenant has options to extend the lease for two additional three‑year terms.
- Financial information available for due diligence.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $440.8k | $18.00 |
| − Vacancy | −$18.5k | −$0.76 |
| EGI | $422.3k | $17.24 |
| − OpEx | −$126.7k | −$5.17 |
| NOI | $295.6k | $12.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Latham
- County
- Albany
- State
- New York
- Longitude
- -73.7617
- Latitude
- 42.7435
