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    84-86 N Pearl St Albany, NY 12207

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    For Lease
    $4,500 /Mo ($12 SF/Yr)

    4,500 SF former bar/restaurant space in downtown Albany.

    Property size:
    4,500 SF
    Lot size:
    0.07 Acres

    Property Features for 84-86 N Pearl St

    General Information

    Size
    4,500 SF
    Lot size
    0.07 Acres

    Source: Carrow Real Estate Services Agent Rudy R. Lynch

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

    Overview

    Downtown Albany Restaurant/Bar Space

    Located in the heart of downtown Albany, this property offers approximately 4,500 square feet of space previously used as a bar and restaurant. The space features a fully equipped kitchen. It is situated directly across the street from a brand new concert venue and is surrounded by hundreds of new market-rate apartments. Ample public parking is available in the immediate area, with a public parking garage located directly across the street. This prime street-level retail space presents a tremendous opportunity for a new operator and is available for lease at $5,500 NNN per month.
    Location Intelligence

    Current Use by Public Records

    Bars

    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.

    Similar Places Nearby

    Lia Lounge at MVP Arena, Derailed Bar And Grill, Bull and Bee: Meadery & Tasting Room, The Excelsior Pub, Loch & Quay

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7511101
    Latitude
    42.6524259

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    FAQs

    What type of property is this?
    Bar - 4,500 SF former bar/restaurant space in downtown Albany.
    Where is this bar located?
    The property is located at 84-86 N Pearl St Albany, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of vibrant Downtown Albany.; - Surrounded by hundreds of new market-rate apartments.; - Directly across the street from brand new concert venue.
    (518) 462-7491
    Request Owner's contact information
    84-86 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
    84-86 N Pearl St Albany, NY 12207
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