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Retail Space with Commercial Kitchen
For Sale
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61 PEARL ST, Albany, NY 12207

Built-out food-service space includes bar facilities, cooling capacity, and gated outdoor dining.

Property SizeContact for details
Days on Market306

Property Features for 61 PEARL ST

General Information

Standard status Active
Property subtype Retail

Taxes and HOA fees

Annual Taxes $44,681

Amenities

Central Air
3
Rubber
Commercial

Building Details

Year Built 1800
Listing Agency: Carrow Real Estate Services LLC
Listed By: Kyle Bradley · License #10401359503
Source: Xome
Added: Nov 1, 2025 Changed: Aug 31 Last Checked: Sep 1 at 4:32PM

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 approximately 7,100-square-foot retail space is configured for food-service operations with a full bar and commercial kitchen. The improvements include a hood and Ansul system, a partially equipped kitchen, two walk-in coolers, a large bar, central air, and gated outdoor dining along Steuben Street.

The property occupies the corner of North Pearl Street and Steuben Street in Downtown Albany, with access from I-787. Its surrounding context includes government offices, office uses, and residential population. The building’s recorded year built is 1800.

Key Highlights

  • +/- 7,100 SF of retail space
  • Full bar and commercial kitchen build‑out
  • Hood and Ansul system included

Property Analytics

Current Use

44 James Apartment Complex Paint and Pour Up ... Hotel & Motel

Suggested Use

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

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

3,787
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 64% Shops & Services 26% Electronics 9%
Renaissance Albany Hotel Hotels & Casinos
6,703 visits/mo 0.2 miles
Sunoco Shops & Services
5,588 visits/mo 0.4 miles
Hampton Inn & Suites Albany Downtown Hotels & Casinos
4,856 visits/mo 0.1 miles
Hyatt Place Hotels & Casinos
2,110 visits/mo 0.3 miles
Boost Mobile Electronics
2,019 visits/mo 0.4 miles

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 Retail in Albany, NY

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

What type of property is this?
Retail space - Built-out food-service space includes bar facilities, cooling capacity, and gated outdoor dining.
Where is this retail space located?
The property is located at 61 PEARL ST Albany, NY.
What are key features of this property?
This property features: +/- 7,100 SF of retail space; Full bar and commercial kitchen build‑out; Hood and Ansul system included
More about this property
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