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    263 S Pearl St, Unit 1 Albany, NY 12202

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    For Lease
    $1,900 /Mo ($8 SF/Yr)

    First floor restaurant space ready for immediate operation.

    Property size:
    2,576 SF
    Lot size:
    0.06 Acres

    Property Features for 263 S Pearl St

    General Information

    Size
    2,576 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    1920
    Source: Corcoran

    Listing Agent: Wayne Hartard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Ready for New Owner

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ruggiero Hospitality at Sixty State Place, Trinbago Caribbean Catering, Cafe 29

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7568032
    Latitude
    42.6422424

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    FAQs

    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 St, Unit 1 Albany, NY.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    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.
    (631) 708-5249
    Request Owner's contact information
    263 S Pearl St, Unit 1 Albany, NY 12202
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    Albany, NY 12202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    263 S Pearl St, Unit 1 Albany, NY 12202
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