Listing Agency: NAI Platform j***@ccim.net Show Phone

Listed By: James "Jay" Verro Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Jul 6 Last Checked: May 19 at 8:38PM

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Investment Insights

Based on property information with market context.

This retail space, located on North Pearl Street, offers approximately 3500 square feet of frontage. The space can be subdivided to 1500-2000 square feet. It is suitable for various retail uses, including a cafe or coffee shop. The rental rate is $14.00 per square foot modified gross plus utilities. The space will be delivered as a vanilla box at the $14.00 modified gross rental rate, or $16.00 modified gross if subdivided.

Key Highlights

• Prime North Pearl St. frontage
• Competitive rental rate of $14.00 per SF Modified Gross + Utilities
• Space can be sub‑divided to 1500 - 2000 SF

Property Analytics

Property Profile

Current Use

Albany Empire Sports Field & Court Albany Auto Show Association Or Organization Albany County Farmers ... Specialty Food Shop Executive Cleaning Services ... General Contractor Box Office at MVP ... Event Planning

Suggested Use

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

Modified Gross

Lease Type

Location Intelligence

Trade Area within ½ mile

3,770

Businesses Nearby

17k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 68% Shops & Services 20% Electronics 12%

Renaissance Albany Hotel Hotels & Casinos

6,703 visits/mo 0.3 miles

Hampton Inn & Suites Albany Downtown Hotels & Casinos

4,856 visits/mo 0.4 miles

U-Haul Moving & Storage Of Albany Shops & Services

3,480 visits/mo 0.4 miles

Boost Mobile Electronics

2,019 visits/mo 0.2 miles

Market

Lease Benchmarks for Albany, NY

$14.43 /SF/Yr

Avg Asking Price

$1.04–$34 /SF/Yr

Price Range

15,104 SF

Avg Space Size

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?

Retail space - Retail space available for rent on North Pearl Street.

Where is this retail space located?

The property is located at 51 S Pearl St Albany, NY.

What are key features of this property?

This property features: Prime North Pearl St. frontage; Competitive rental rate of $14.00 per SF Modified Gross + Utilities; Space can be sub‑divided to 1500 - 2000 SF