11 Century Hill DrLatham, NY 12110

Property Details for 11 Century Hill Dr

Year built

1989

Lot size

1.50 AC

Property size (Sq ft)

23,364 SF

Zone code

14

Property type

Office buildings

APN

012689 9.4-1-8.34

APU

12689941834

Description

This exceptional Class A office space, located at 11 Century Hill Drive in Latham, NY 12110, offers a unique leasing opportunity. Situated within the Century Hill Office Park, this property boasts a total of 23,364 square feet across a two-story building constructed in 1990 and extensively renovated in 2019. The building is zoned CO: Commercial Office (APN: 9.4-1-8.34) and currently features multiple tenants. This listing presents a contiguous space ranging from 1,792 to 2,530 square feet, ideal for a variety of businesses. The available space is located on the second floor. The building itself comprises a single structure with a total of one suite. Currently, 4,322 square feet of space is vacant. This presents a chance to secure a well-maintained, modern office space in a desirable Latham location. The property's convenient location and ample square footage make it an attractive option for businesses seeking a professional and efficient workspace. The building's recent renovation ensures modern amenities and a comfortable environment for employees. This is a rare opportunity to lease high-quality office space in a thriving commercial area. Interested parties should inquire promptly to secure this exceptional space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,803,980

  6.5%

  $5,357,520

  7%

  $4,974,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,073,260

  Geo Method

  $3,052,740

• Alternative Use

  Use

  Valuation

  Residential

  $6,643,324

  Hospitality

  $6,085,250

  Educational

  $5,062,856

  Medical

  $5,236,976

  Retail

  $7,875,554

Location Insight

City

Latham

County

Albany

State

New York

Latitude

42.7717

Longitude

-73.7575

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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