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Mixed-Use Building Office & Retail
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10 N Pearl St, Albany, NY 12207

Multiple office suites and a first-floor retail suite are available in a multi-story building with separately metered floors.

Property Size2,400 SF - 19,028 SF
Days on Market19

Property Features for 10 N Pearl St

General Information

Standard status Active
Size 2,400 SF - 19,028 SF
Net Rentable 2,400 SF
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 2,400-19,028 SF
Divisible Yes

Amenities

Signage on State Street and North Pearl
Two passenger elevators
Floors separately metered
Bright space- windows on all sides

Building Details

Building Size 38,056 SF
Listing Agency: CBRE | Albany
Listed By: Jared Skaarup · License #10401342490
Source: Moodyscre
Added: Jul 13 Changed: Jul 28 Last Checked: Jul 30 at 1:25PM

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 CBRE | Albany

Investment Insights

Based on property information with market context.

Offered for lease are multiple office suites along with a first-floor retail suite in a multi-story building. Office availability totals 19,028 square feet on the third and fourth floors, with the option to subdivide to approximately 4,500 square feet. Retail space is available at 2,400 square feet. The building includes two passenger elevators, with floors separately metered. The office space is described as bright, with windows on all sides.

The property is located at the State/Pearl intersection in Albany’s financial and government district. The area is within walking distance of NYS Capitol, Albany City Hall, City and State and County Courts, Times Union Center, SUNY Headquarters, the Legislative Office Building, and Empire State Plaza. Signage is available on State Street and North Pearl.

Additional convenience includes proximity described as about 0.1 miles from the South Pearl Street Parking Garage.

Key Highlights

  • Lease: multi‑story building with multiple office suites plus a 1st‑floor retail suite in Albany
  • Office space totals 19,028 SF on 3rd and 4th floors; can be subdivided to 4,500 SF
  • Retail suite available on the 1st floor with 2,400 SF

Property Analytics

Current Use

SUNY Press College SUNY UCAWD College Envision Architects PC Architect Fenlon Chris Law Firm

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,879
Businesses Nearby

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

$11.42 /SF/Yr
Avg Asking Price
$4.19–$15.83 /SF/Yr
Price Range
19,257 SF
Avg Space Size

This space is priced 119% above the average of $11.42 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multiple office suites and a first-floor retail suite are available in a multi-story building with separately metered floors.
Where is this mixed-use property located?
The property is located at 10 N Pearl St Albany, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Lease: multi‑story building with multiple office suites plus a 1st‑floor retail suite in Albany; Office space totals 19,028 SF on 3rd and 4th floors; can be subdivided to 4,500 SF; Retail suite available on the 1st floor with 2,400 SF
(518) 466-8656 Call to check price and availability
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