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    17 Plaza Dr Latham, NY 12110

    Sponsored
    For Lease
    $25 SF/Yr

    54,000 SF Class A Office Space Available

    Lot size:
    81,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional sublease opportunity presents ±54,000 square feet of pristine Class A office space within an 81,000-square-foot building located at 17 Plaza Drive, Latham, NY 12110. Situated in the Century Hill submarket of Latham, this single-tenant space is part of a newly constructed (2019) three-story building, offering a modern and efficient workspace. The building boasts convenient amenities including elevators. The space is entirely vacant and never previously occupied, providing a blank canvas for a discerning tenant. The sublease term extends until June 30, 2030, offering long-term stability. The property is zoned COR and enjoys excellent access via New Loudon Road. With its expansive layout, the space is highly adaptable and can be subdivided to accommodate various business needs. Potential layouts are available upon request. This is a truly turnkey solution, ideal for a company seeking immediate occupancy in a premium location. The property offers a unique opportunity to establish a presence in a thriving business community. Contact us today to explore this exceptional sublease opportunity and discuss your specific requirements.

    Property Features for 17 Plaza Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,000 SF
    Class
    A
    Total Rate
    168750

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    54,000 SF
    Rate per SF
    $25

    HighLights

    • Sublease term through 6/30/2030.
    • ±27,000 SF per floor in a ±54,000 SF single‑tenant space.
    • LEED Silver certified building.
    • Bright, open floor plans with support rooms, break rooms, and various sized conference rooms.
    • ±325 parking spaces.
    • Utilities paid directly; Janitorial services through Janitronics (~$1.65/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Latham
    County
    Albany
    State
    New York
    Longitude
    -73.7586837
    Latitude
    42.7698844

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    FAQs

    What type of property is this?
    Office Property / Space - 54,000 SF Class A Office Space Available
    Where is this office property / space located?
    The property is located at 17 Plaza Dr Latham, NY.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Sublease term through 6/30/2030.; ±27,000 SF per floor in a ±54,000 SF single-tenant space.; LEED Silver certified building.
    Request Owner's contact information
    17 Plaza Dr Latham, NY 12110
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    Latham, NY 12110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 Plaza Dr Latham, NY 12110
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