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$ 1,190,000
Est. payment /mo
Active
82 N Pearl ST Albany, NY 12207
3,000 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202501001
Year Built 1850
Annual Tax Amount $23,500
Lot Size 3,000 Sqft
Property Sub-Type Mixed Use
Property Description
Iconic Downtown Albany Investment Opportunity! Discover +/-10,085 SF of prime mixed-use space at the bustling corner of North Pearl & Columbia Streets. This four-story historic building--originally constructed in 1850 and thoughtfully renovated in 2020--features five fully leased market-rate apartments and two high-visibility retail storefronts. Zoned MU-DT, the property offers excellent exposure and foot traffic in Albany's vibrant downtown district. Includes a passenger elevator and strong rental history. One retail space is currently vacant, presenting a rare opportunity for an owner-occupant or additional tenant income. Offered at $1,190,000 ($118/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.
Location
State NY
County Albany
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
View Y/N Yes
View City, Downtown, City Lights
Building
Story 4
Sewer Public Sewer
Water Public
New Construction No
Listed by Carrow Real Estate Services
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