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Financial
Distress signals
Property profile

2 Northway Ln Latham, NY 12110

FOR LEASE
Office buildings
Property ID
US63-2941018
14,860 SF 1.38 ac lot Built 1983
Last sale Aug 2003 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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2 Northway Ln, Latham, NY 12110 For Lease
$10 SF/Yr
2 Northway Ln, Latham, NY 12110
View Listing

Property summary

AI-generated overview

The property is a well-maintained office building located in Latham, New York, within one mile of Exit 4 (Wolf Road) on I-87. The existing interior configuration includes two private offices, a kitchenette, a reception area, and three large work areas that are suitable for cubicle-style seating. The building provides direct access to the parking lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$900k
Assessed land$104k
Assessed improvement$797k

Value estimate

· Oct 2026
$445k
$401k – $490k
NOI build-up
Gross scheduled income$392k
Vacancy & credit loss−$86k
Operating expenses−$76k
NOI · 2,294,980.00% cap applied$229k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
County average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$23 – $104

Cap rate analysis

How does the asset earn?
2,294,980.00%
$229k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
17
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.5
Pharmacy11.3
Hair Salon11.3

Location

2 Northway Ln Latham, NY 12110
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36 British American, Latham, NY 12110-1410 $120,000 Aug 2024 20,041 SF
15 Century Hl, Latham, NY 12110-2113 $1,185,657 Jul 2024 6,933 SF
974 Albany Shaker, Latham, NY 12110-1401 $750,000 Feb 2024 5,991 SF
784 Troy Schenectady, Latham, NY 12110-2452 $2,600,000 Sep 2023 24,990 SF
207 Troy Schenectady, Latham, NY 12110-5446 $250,000 Feb 2023 7,023 SF
12 Cornell, Latham, NY 12110-1407 $482,000 Feb 2020 38,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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