40 Century Hill DrLatham, NY 12110

Property Details for 40 Century Hill Dr

Year built

2015

Lot size

2.20 AC

Property size (Sq ft)

32,198 SF

Zone code

14

Property type

Office buildings

APN

012689 9.4-1-8.14

APU

12689941814

Description

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 convenient access. Its traditional office layout is easily adaptable to executive, creative, or medical office uses. The location offers unparalleled convenience, with easy access to major roadways including I-87 and I-787, and proximity to Albany International Airport (just 3 miles away). A wealth of retail and service amenities are located nearby, enhancing the convenience for employees and clients. Ample parking is available, and a walking trail adds to the appealing environment. The minimum divisible space is 4,129 square feet, making it ideal for a variety of business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $7,998,482

  6.5%

  $7,383,214

  7%

  $6,855,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,235,269

  Geo Method

  $4,206,990

• Alternative Use

  Use

  Valuation

  Residential

  $9,155,186

  Hospitality

  $8,386,101

  Educational

  $6,977,138

  Medical

  $7,217,092

  Retail

  $10,853,325

Location Insight

City

Latham

County

Albany

State

New York

Latitude

42.773

Longitude

-73.7598

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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