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Financial
Distress signals
Property profile

40 Century Hill Dr Latham, NY 12110

FOR LEASE
Office buildings
Property ID
US63-5949408
32,198 SF 2.2 ac lot Built 2015
Last sale Mar 2008 · $275,875
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
40 Century Hill Dr, Latham, NY 12110 For Lease
$1,180,000 32,198 SF available
40 Century Hill Dr, Latham, NY 12110
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Property summary

AI-generated overview

This exceptional Class A office space, located at 40 Century Hill Drive in Latham, NY 12110, offers 4,129 square feet of immediately available space within a larger 32,444 square foot building. Built in 2015, the two-story building boasts modern features and abundant natural light. The property is situated within the prestigious Century Hill Plaza office park, providing a professional and attractive setting for your business. The suite is part of a multi-tenant building with one elevator for…

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$2.50M
Assessed land$220k
Assessed improvement$2.28M

Value estimate

· Oct 2026
$1.18M
$1.06M – $1.30M
Submarket $/SF estimate$721k
NOI build-up
Gross scheduled income$850k
Vacancy & credit loss−$187k
Operating expenses−$166k
NOI · 49,726,600.00% cap applied$497k

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?
49,726,600.00%
$497k 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?
14
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.5
Auto Parts Store11.1
Parking Facility11.0

Location

40 Century Hill Dr Latham, NY 12110
County assessor Recorded deeds · 2 transfers 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
784 Troy Schenectady, Latham, NY 12110-2452 $2,600,000 Sep 2023 24,990 SF
43 British American, Latham, NY 12110-1418 $145,275 Apr 2023 39,536 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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