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    58 N Pearl St Albany, NY 12207

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    For Lease
    $15 SF/Yr

    High-visibility retail space in re-developed Steuben Place Apartments.

    Property size:
    47,320 SF
    Lot size:
    47,320 SF

    Property Features for 58 N Pearl St

    General Information

    Size
    47,320 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Prime Retail Space Available

    This high-visibility retail space, encompassing 2580 square feet, is situated on the corner of North Pearl and Steuben Place, occupying the first floor of the recently re-developed Steuben Place Apartments. The property features a 43-foot frontage with 8-foot high storefront glass windows facing both streets, complemented by a 16-foot ceiling height. Located in an MU-DT zone, the space is suitable for various uses, including food service, taverns, salons/spas, medical facilities, gyms, and other general retail applications. The location benefits from high pedestrian traffic and an average annual daily traffic count of 8500 vehicles. The landlord intends to deliver a vanilla box at the rental rate, and is willing to work with tenants to provide amenities for the upstairs apartments.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7516298
    Latitude
    42.6516798

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail space in re-developed Steuben Place Apartments.
    Where is this retail space located?
    The property is located at 58 N Pearl St Albany, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility corner retail space in a recently re-developed apartment building.; - Versatile MU-DT zoning allows for a wide range of business types (food service, salon/spa, medical, etc.).; - High pedestrian and vehicular traffic (8500 AADT).
    (518) 465-1400
    Request Owner's contact information
    58 N Pearl St Albany, NY 12207
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    Albany, NY 12207
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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
    58 N Pearl St Albany, NY 12207
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