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    Property profile & analytics
    OFF-MARKET Estimated value $650,000
    Manufacturing properties

    6 Northway Ln, Latham, NY 12110-4809

    63,088 SF 4.39 ac lot Built 1982
    Individually Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-1712485
    Property summary
    AI-generated overview

    This exceptional Latham, NY industrial property, located at 6 Northway Lane, offers 63,000 square feet of warehouse space currently available for lease. The building is a fully renovated, modern facility featuring flexible suite sizes ranging from a minimum of 150 square feet to a maximum contiguous space of 1,000 square feet, perfect for a variety of businesses. Tenancy is multiple, allowing for diverse occupancy. The property boasts a three-bay loading dock and material handling equipment for efficient operations. Shared amenities include a coworking cafe, meeting rooms, and a photo studio. High-speed internet is provided, ensuring seamless connectivity. The building underwent a complete renovation, including a deep energy retrofit, and features a 417kW rooftop solar PV array, aiming for net-zero energy consumption. Situated in Albany County, with easy access via 6 Northway Lane, this property presents a unique opportunity in the upstate New York market. The property is ideal for businesses seeking flexible lease terms, starting as short as six months, and a comprehensive suite of amenities within a modern, energy-efficient warehouse environment. The zip code is 12110.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1982
    Total area 63,088 SF
    Lot 4.39 ac (191,228 SF)
    Zoning code 17
    APN 012689 30.-3-66.2
    UPID US63-1712485
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Launchbox Flexible Warehouse Suites Warehouse & Storage
    • Weathershield Roofing LLC Roofing Company General Contractor
    • Dialed In Gardening Supply LLC Garden Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $690k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $611k
    Blend (final) Blend
    $650k
    Owner & transaction history
    Westinghouse Air Brake Technol · 7 yrs held
    Westinghouse Air Brake Technol
    since 2019
    1 recorded transaction
    2019
    $856,000
    Zoning & alternative use
    17 · Latham, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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