2 Northway LnLatham, NY 12110

Property Details for 2 Northway Ln

Year built

1983

Lot size

1.38 AC

Property size (Sq ft)

14,860 SF

Zone code

17

Property type

Office properties

Property subtype

Office buildings

APN

012689 30.-3-66.1

APU

12689303661

Description

This exceptional executive office space at 2 Northway Lane in Latham, NY, offers a variety of suite sizes perfect for businesses of all scales. Located in Albany County, this property boasts a total of 14,860 square feet, with multiple tenancy options available. Currently, there are 3,047 square feet of vacant space ready for immediate occupancy, divisible into units ranging from a minimum of 540 square feet to a maximum contiguous space of 1,307 square feet. Four individual suites are currently available. The building sits on a generous 1.38-acre lot, providing "plenty of private parking" for tenants and their clients. The property's convenient location in Latham, NY, zip code 12110, offers easy access to major transportation routes and local amenities. This is an excellent opportunity to secure high-quality office space in a desirable location. The property is available for lease and offers a modern and efficient workspace. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,691,454

  6.5%

  $3,407,496

  7%

  $3,164,104

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,954,658

  Geo Method

  $1,941,608

• Alternative Use

  Use

  Valuation

  Residential

  $4,225,296

  Hospitality

  $3,870,348

  Educational

  $3,220,084

  Medical

  $3,330,828

  Retail

  $5,009,020

Location Insight

City

Latham

County

Albany

State

New York

Latitude

42.7343

Longitude

-73.7932

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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