Restaurant Ready for New
For Lease
$1,900/Mo
Pending
1-263 S Pearl St, Albany, NY 12207
First floor restaurant space, fully operational, high foot traffic.
Space SizeContact for details
Days on Market1495
Property Features for 1-263 S Pearl St
General Information
Standard status
Pending
Taxes and HOA fees
Annual Taxes
$5,885
Listing Agency:
eXp Realty
(631) 708-5249
Listed By:
Wayne Hartard · License #10301215860
(631) 708-5249
Source:
Exprealty
Added: Jul 27, 2022
Changed: Aug 20
Last Checked: Aug 28 at 5:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This first-floor unit, with a size of 2576 square feet, is suitable for restaurant or other business owners. The space is fully complete and operational, making it ready for immediate use as a fast food burger, chicken, or pizza restaurant. The property benefits from a location with high foot traffic.
Key Highlights
- Fully complete and operational restaurant, ready to open.
- Prime location with high foot traffic.
- Suitable for fast food burger, chicken, or pizza restaurant.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.33 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,879
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 87%
Electronics 13%
Renaissance Albany Hotel
Hotels & Casinos
6,703 visits/mo
0.2 miles
Hampton Inn & Suites Albany Downtown
Hotels & Casinos
4,856 visits/mo
0.3 miles
Hyatt Place
Hotels & Casinos
2,110 visits/mo
0.4 miles
Boost Mobile
Electronics
2,019 visits/mo
0.3 miles
Demographics for 12207, NY
2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value
Market
Lease Benchmarks for Albany, NY
$10.02 /SF/Yr
Avg Asking Price
$2.91–$18.5 /SF/Yr
Price Range
78,556 SF
Avg Space Size
This space is priced 12% below the average of $10.02 /SF/Yr.
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trinbago Caribbean Catering — Albany, NY 12202
- Cafe 29 — Albany, NY 12210
- Ruggiero Hospitality at Sixty State Place — 60 State St, Albany, NY 12207
Frequently Asked Questions
What type of property is this?
Restaurant - First floor restaurant space, fully operational, high foot traffic.
Where is this restaurant located?
The property is located at 1-263 S Pearl St Albany, NY.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: Fully complete and operational restaurant, ready to open.; Prime location with high foot traffic.; Suitable for fast food burger, chicken, or pizza restaurant.
