Downtown Albany Warehouse District
For Lease
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425 N Pearl St, Albany, NY
Warehouse district flex space with loading dock and ample parking.
Space Size12,155 SF
Lot Size3.04 Acres
Days on Market419
Property Features for 425 N Pearl St
General Information
Standard status
Active
Size
12,155 SF
Lot size
3.04 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Spaces For Lease
at 425 N Pearl St Contact us- Floor
- 1
- Size
- 12,155 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
425 N Pearl St $7/SF/Yr
- Conveniently located in the heart of Downtown Albany's Warehouse District. Former...
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Contact us
Listing Agency:
Carrow Real Estate Services
(518) 462-7491
Listed By:
Rudy R. Lynch · License #10301200002
(518) 337-3705
Source:
Moodyscre
Added: Jul 24, 2025
Changed: Sep 5
Last Checked: Sep 14 at 7:41AM
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
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Albany's Warehouse District, this property offers 12,155 square feet of warehouse, industrial, and flex space. The building, a former indoor skatepark, is a historic factory recently renovated into 81 luxury apartments. The space includes a breakroom, private office, conference room, and ADA restrooms. It features central air and gas forced air heat, and is fully sprinklered. The property has a 14' ceiling height and a 16'x16' overhead door, along with an internal loading dock. Electric service is 208Y/120V 3 phase 4W. Ample parking is available. The property is located seconds off I-787 exit 4A and is surrounded by numerous dining and entertainment establishments.
Key Highlights
- Prime location in Downtown Albany's Warehouse District, near dining and entertainment.
- Ample parking and easy access to I‑787 (Exit 4A).
- Recently renovated historic factory converted into luxury apartments.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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Market
Lease Benchmarks for Albany, NY
$8.3 /SF/Yr
Avg Asking Price
$5.5–$14.2 /SF/Yr
Price Range
35,841 SF
Avg Space Size
This space is priced 16% below the average of $8.3 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Ritmo Room — 173 Spruce St, Albany, NY 12210
- Adirondack Records Management — 45 Learned St, Albany, NY 12207
- Otis Elevator Company — 20 Loudonville Rd, Albany, NY 12204
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse district flex space with loading dock and ample parking.
Where is this warehouse located?
The property is located at 425 N Pearl St Albany, NY.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Prime location in Downtown Albany's Warehouse District, near dining and entertainment.; Ample parking and easy access to I‑787 (Exit 4A).; Recently renovated historic factory converted into luxury apartments.
