Albany Warehouse District Investment
For Sale
$989,000
405 N Pearl Street, Albany, NY 12207
Three parcels in downtown Albany's Warehouse District for sale.
Property Size9,569 SF
Lot Size1.43 Acres
Price / SF$103.35
Days on Market386
Property Features for 405 N Pearl Street
General Information
Standard status
Active
Size
9,569 SF
Lot size
1.43 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$32,654
Amenities
Central air
Central Air Cooling
Concrete Flooring
Forced Air Heating
Natural Gas Heating
Off Street
Rubber Roof
Building Details
Year Built
1900
Listing Agency:
CARROW REAL ESTATE SERVICES LLC
(518) 462-7491
Listed By:
RUDY R LYNCH · License #10301200002
Source:
Corcoran
Added: Aug 1, 2025
Changed: Aug 8
Last Checked: Aug 21 at 8:52AM
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 CARROW REAL ESTATE SERVICES LLC
Investment Insights
Based on property information with market context.
This investment opportunity is located in the Downtown Albany Warehouse District and includes three parcels. The first parcel, located at 405 N Pearl, features a +/-9,569 SF two-story warehouse with an interior loading dock, freight elevator, industrial crane, 16' ceilings, and ample office space. The second parcel, located at 403 N Pearl, is a fully rented three-family residential property with long-term tenants. The third parcel, located at 380 N Pearl, is a +/-1.06 acre fenced gravel parking lot directly across the street from the other two. This property offers a great opportunity for an owner-user or a redevelopment project.
Key Highlights
- Three parcels included: warehouse, three‑family rental, and parking lot.
- +/-9,569 SF two‑story warehouse with interior loading dock.
- +/-1.06 acre fenced gravel parking lot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Three parcels in downtown Albany's Warehouse District for sale.
Where is this warehouse located?
The property is located at 405 N Pearl Street Albany, NY.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Three parcels included: warehouse, three‑family rental, and parking lot.; +/-9,569 SF two‑story warehouse with interior loading dock.; +/-1.06 acre fenced gravel parking lot.
