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    82 N Pearl St Albany, NY 12207

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    For Sale
    $1,190,000

    Historic, renovated mixed-use building with retail and residential units.

    Property size:
    1,606 SF

    Property Features for 82 N Pearl St

    General Information

    Size
    1,606 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Downtown Albany Mixed-Use Investment

    Located at the corner of North Pearl and Columbia Streets in downtown Albany, this four-story mixed-use building offers approximately 10,085 square feet of space. Originally constructed in 1850 and renovated in 2020, the property is zoned MU-DT and features two high-visibility retail storefronts and five fully leased market-rate apartments. The building includes a passenger elevator and has a strong rental history. One retail space is currently vacant, presenting an opportunity for an owner-occupant or additional tenant income. The property offers excellent exposure and foot traffic in Albany's vibrant downtown district.
    Property Profile Insight Report 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
    -73.7512634
    Latitude
    42.6524011

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    FAQs

    What type of property is this?
    Mixed-use property - Historic, renovated mixed-use building with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 82 N Pearl St Albany, NY.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: - Prime mixed-use property in downtown Albany with high visibility and foot traffic.; - Fully leased market-rate apartments and retail spaces providing immediate income.; - Historic building thoughtfully renovated in 2020.
    (518) 462-7491
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    82 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
    82 N Pearl St Albany, NY 12207
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