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Financial
Distress signals
Property profile

40 Media Dr Queensbury, NY 12804

FOR LEASE
Office buildings
Property ID
US63-3780040
66,008 SF 6.18 ac lot Built 2007
Last sale Jul 2018 · $695,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a Class A office facility offering flexible floor areas ranging from approximately 1,508 to 41,234 square feet within a site of about 6.75 acres. It provides on-site parking for approximately 425 vehicles and includes options for monument and building signage. The office facility is located off Exit 18 of the Adirondack Northway (I-87).

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 · 2021

What does the county charge?
$44k
Tax billed · 2021
Assessed value · 2023$5.04M
Assessed land$369k
Assessed improvement$4.67M
Effective rate0.88%

Value estimate

· Oct 2026
$7.02M
$6.31M – $7.72M
Submarket $/SF estimate$6.73M
NOI build-up
Gross scheduled income$294k
Vacancy & credit loss−$41k
Operating expenses−$63k
NOI · 1,114,011.76% cap applied$189k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$102 – $186

Cap rate analysis

How does the asset earn?
1,114,011.76%
$189k 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?
MS
Main Street (MS). § 179-7-080 All industrial zones. § 179-7-010 Findings and intent. A. Typical zoning rules, including those in the Town...
General categoryCOMMERCIAL
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency23.7
Law Firm17.9
Hair Salon15.7

Location

40 Media Dr Queensbury, NY 12804
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
169 Haviland, Queensbury, NY 12804-8702 $297,900 Dec 2025 5,513 SF
519 Queensbury, Queensbury, NY 12804-7613 $465,000 Feb 2024 4,160 SF
25 Willowbrook, Queensbury, NY 12804-5882 $2,850,000 Aug 2021 36,016 SF
17 Baywood, Queensbury, NY 12804-3016 $400,000 Oct 2020 4,752 SF
551 Bay, Queensbury, NY 12804-1441 $375,000 Feb 2020 3,248 SF
123 Quaker, Queensbury, NY 12804-1714 $1,750,000 Jul 2019 12,726 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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