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Commercial Land with Surface Parking
New
For Sale
$750,000

329 N Pearl Street, Albany, NY 12207

A C-3 parcel combines an active parking operation with wooded, undeveloped land in downtown Albany.

Property SizeContact for details
Days on Market4

Property Features for 329 N Pearl Street

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $45,460
Listing Agency: Houlihan Lawrence Inc
Listed By: Anthony D'Argenzio
Source: Capmarkrealty
Added: Sep 24 Changed: Sep 25 Last Checked: Sep 26 at 4:38AM

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 Houlihan Lawrence Inc

Investment Insights

Based on property information with market context.

The 1.5-acre property at 329 N Pearl Street includes a paved surface lot with 44 parking spaces and a wooded, undeveloped portion. The parking area is leased to Capital Repertory Theatre (theREP) through 2035. The site carries C-3 Central Business District zoning and was rezoned from C-1 in 2002.

In downtown Albany, the parcel has 451 feet of frontage on North Pearl Street and 282 feet on Colonie Street. I-787 and Route 9 are accessible via the Clinton Avenue and Livingston Avenue exits. CDTA bus routes and Albany-Rensselaer Amtrak station are nearby.

Key Highlights

  • 1.5‑acre parcel with C‑3 Central Business District zoning
  • Paved surface lot with 44 parking spaces and wooded, undeveloped land
  • Parking lease to Capital Repertory Theatre (theREP) runs through 2035

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Skin Care Clinic Butcher Catering Service (Bike/Boat/Book/etc) Store Veterinary Clinic Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - A C-3 parcel combines an active parking operation with wooded, undeveloped land in downtown Albany.
Where is this commercial land located?
The property is located at 329 N Pearl Street Albany, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1.5‑acre parcel with C‑3 Central Business District zoning; Paved surface lot with 44 parking spaces and wooded, undeveloped land; Parking lease to Capital Repertory Theatre (theREP) runs through 2035
More about this property
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