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    39 N Pearl St Albany, NY 12207

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    For Lease
    $16 SF/Yr ($8,012 /Mo)

    Office and restaurant spaces available in downtown Albany.

    Property size:
    6,009 SF
    Lot size:
    0.38 Acres

    Property Features for 39 N Pearl St

    General Information

    Size
    6,009 SF
    Lot size
    0.38 Acres

    Source: TITAN Commercial Realty Group Agent Todd J Drowlette

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

    Overview

    Downtown Albany Office/Restaurant Space

    Located in downtown Albany, this property offers restaurant and office spaces for rent. The first floor features approximately 3,665 square feet of restaurant space. The third floor has two office spaces available, one with approximately 2,004 square feet and another with approximately 7,097 square feet; these can be combined for a total floor area of approximately 9,101 square feet. On the sixth floor, there are two additional office spaces, one with approximately 3,915 square feet and the other with approximately 6,009 square feet, which can be combined to create a full floor of approximately 9,204 square feet. The property includes a two-story underground parking garage. The asking price is $13.00 per square foot gross, plus utilities, plus an increase in the base year. The property is located a short walk from the Capitol and courthouses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Boeggeman George & Corde ... Attorney CEN Manufacturing Manufacturer D'Agastino Hoblock Doctor TopGun Finest Store Store

    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
    -73.7514648
    Latitude
    42.6507215

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    FAQs

    What type of property is this?
    Office space - Office and restaurant spaces available in downtown Albany.
    Where is this office space located?
    The property is located at 39 N Pearl St Albany, NY.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Restaurant space available on the 1st floor (+/- 3,665 SF).; - Two-story underground parking garage.; - Short walk to the Capitol and Court Houses.
    (518) 400-0668
    Request Owner's contact information
    39 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
    39 N Pearl St Albany, NY 12207
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