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16 Avis Drive Latham, NY $ 5,200,000
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16 Avis Drive
$ 5,200,000
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16 Avis Drive

Latham, NY, 12110
$ 5,200,000
Bedrooms-- Baths-- Sq 53,528

Monthly Estimate*

$ 32,833

16 Avis Drive, Latham, NY 12110 - Image 1
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16 Avis Drive, Latham, NY 12110 - Image 10
16 Avis Drive, Latham, NY 12110 - Image 11

Commercial Property for sale in Latham, NY

for $5,200,000. This 53,528 square foot building was built in 1972 on a lot size of 2.8.

GREAT INVESTMENT OPPORTUNITY for a warehouse in EXCELLENT CONDITION with NYS as a LONG-TERM TENANT, over 30 years at this location, with a newly signed 10 year lease. All increases in operating expenses and taxes above base year are covered by tenant. 7% CAP rate. Warehouse roof replaced in 2026.

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Commercial Active

Price

$ 5,200,000

Property Type

Commercial

Taxes

$ 73,193

Style

Commercial

Lot Size

2.8

Year Built

1972

Town/City

Latham

County/Region

Albany

MLS | Web ID

202624511
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession At Closing
Roof Other
Zoning Industrial
Architectural Style Commercial
Construction Materials Block
Year Built 1972
Electric Three Phase 200+ Amp Service
Stories Count 1
Property Subtype Industrial
Current Use Industrial Office Warehouse
Business Type Industrial
Accessibility Accessible Approach with Ramp Accessible Doors Accessible Full Bath Accessible Hallway(s)
County Albany
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Industrial Office/Warehouse Warehouse Other
Status Active
Directions From Troy Schenectady Rd. head south on Avis Dr. Property is on left.
High School Shaker HS
City Colonie
High School District North Colonie (including Maplewood)
Lot Size Units Acres
Lot Size Square Feet 121968.0
Carport Y/N N
Elementary School Forts Ferry ES
Land Lease Y/N N
Tax Annual Amount 73193.28
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 13.000
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Interior
Flooring Vinyl Carpet Concrete
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved
Water Source Public
Total Parking 54.0
Inclusions Building & Land
Lot Size Area 2.8
Number of Buildings 1
Spa N
Building Area Total 53528.0
Lot Dimensions 327x361x328x398
Lot Size Acres 2.8
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16
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* Excluded Features
List By
Jessica Richer

Listing Agent

Hanna Commercial

Broker

(518) 364-7406

Phone

JessicaRicher@HannaCRE.com

Email

Affordability Calculator

$38,933
Per Month
84%
16%
0%
Monthly Principal & Interest
$32,833
Monthly Property Taxes
$6,099
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3930511 Elementary School
2591041 Middle School
Shaker HS High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/21/2026$5,200,000 Listed Price

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16 Avis Drive, Latham, NY, 12110 is a Commercial Property for sale at $5,200,000 with 53,528 sqft and a lot size of 2.8. 16 Avis Drive was built in 1972. The property's zip code is 12110 which is in Latham, NY

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