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Three-Story Mixed-Use Building
For Sale
$299,000

151 S Pearl Street, Albany, NY 12202

Brick construction combines a commercial storefront with residential apartments across three levels.

Property Size5,207 SF
Price / SF$57.42
Days on Market8

Property Features for 151 S Pearl Street

General Information

Standard status Active
Size 5,207 SF
Property subtype Multi-family

Additional Details

Gross Income $60,000
Multifamily Units 2

Building Details

Year Built 1890
Buildings 1
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Realty One Group Key
Listed By: Medaiszjah Sims
Source: Signatureonerealtygroup
Added: Aug 4 Changed: Aug 10 Last Checked: Aug 10 at 3:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Key

Investment Insights

Based on property information with market context.

Built in 1890, this 5,207-square-foot brick property combines commercial and residential space within a three-story configuration. The storefront is vacant, as is the second-floor apartment, while the third-floor apartment is occupied by a long-term tenant.

The building is located at 151 S Pearl Street in Albany, New York. Its roof has received a professional silicone coating estimated to provide 15–20 years of additional protection. The existing layout includes a ground-level commercial component and two upper-floor apartments, offering a clearly defined mixed-use arrangement.

Key Highlights

  • 5,207‑square‑foot three‑story brick mixed‑use building
  • Vacant commercial storefront at street level
  • Vacant second‑floor apartment

Property Analytics

Current Use

Credit Repair Financial Advisor

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store Butcher Home Appliance Store Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,218
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Hotels & Casinos 41% Electronics 12%
Renaissance Albany Hotel Hotels & Casinos
6,703 visits/mo 0.4 miles
Dollar General Shops & Services
4,102 visits/mo 0.3 miles
U-Haul Moving & Storage Of Albany Shops & Services
3,480 visits/mo 0.3 miles
Boost Mobile Electronics
2,019 visits/mo 0.1 miles

Demographics for 12202, NY

10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick construction combines a commercial storefront with residential apartments across three levels.
Where is this mixed-use property located?
The property is located at 151 S Pearl Street Albany, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 5,207‑square‑foot three‑story brick mixed‑use building; Vacant commercial storefront at street level; Vacant second‑floor apartment
More about this property
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