Restaurant Ready for New
For Lease
$1,900/Mo
Pending
263 S Pearl Street #1, Albany, NY 12202
First floor restaurant space ready for immediate operation.
Space SizeContact for details
Lot Size0.06 Acres
Days on Market1207
Property Features for 263 S Pearl Street #1
General Information
Standard status
Pending
Lot size
0.06 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,885
Amenities
Central air
Central Air Cooling
Forced Air Heating
Natural Gas Heating
Off Street
On Street
Building Details
Year Built
1920
Listing Agency:
EXP REALTY
(888) 276-0630
Listed By:
WAYNE HARTARD · License #10301219674
Source:
Corcoran
Added: May 1, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:43AM
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 retail use. It is particularly well-suited for a fast food burger, chicken, or pizza restaurant. The restaurant is fully complete and operational, ready for immediate use. The property benefits from a prime location with high foot traffic.
Key Highlights
- Fully complete and operational restaurant, ready to open its doors.
- Prime location with high foot traffic ensures visibility.
- Ideal for fast food burger, chicken, or pizza restaurant concepts.
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
2,567
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Electronics 19%
Dollar General
Shops & Services
4,102 visits/mo
0.2 miles
U-Haul Moving & Storage Of Albany
Shops & Services
3,480 visits/mo
0.2 miles
Boost Mobile
Electronics
2,019 visits/mo
0.3 miles
Family Dollar
Shops & Services
1,135 visits/mo
0.4 miles
Demographics for 12202, NY
10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value
Market
Lease Benchmarks for Albany, NY
$13.53 /SF/Yr
Avg Asking Price
$2.91–$31.08 /SF/Yr
Price Range
74,893 SF
Avg Space Size
This space is priced 35% below the average of $13.53 /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
- Ruggiero Hospitality at Sixty State Place — 60 State St, Albany, NY 12207
- Trinbago Caribbean Catering — Albany, NY 12202
- Cafe 29 — Albany, NY 12210
Frequently Asked Questions
What type of property is this?
Restaurant - First floor restaurant space ready for immediate operation.
Where is this restaurant located?
The property is located at 263 S Pearl Street #1 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 its doors.; Prime location with high foot traffic ensures visibility.; Ideal for fast food burger, chicken, or pizza restaurant concepts.
