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Downtown Albany Mixed-Use Investment
For Sale
$1,190,000

82 N Pearl Street, Albany, NY 12207

Fully leased, renovated mixed-use building in downtown Albany.

Property Size10,085 SF
Price / SF$117
Days on Market155

Property Features for 82 N Pearl Street

General Information

Standard status Active
Size 10,085 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $29,378

Amenities

Central air
Corner Lot
Central Air Cooling
Forced Air Heating
Natural Gas Heating

Building Details

Year Built 1850
Listing Agency: CARROW REAL ESTATE SERVICES LLC
Listed By: KYLE J BRADLEY · License #10401359503
Source: Corcoran
Added: Mar 31 Changed: Aug 25 Last Checked: Aug 31 at 6:22PM

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.

Located at the corner of North Pearl and Columbia Streets, this four-story historic building offers approximately 10,085 square feet of mixed-use space. Originally constructed in 1850 and renovated in 2020, the property features five market-rate apartments and two high-visibility retail storefronts. The building is fully leased and includes a passenger elevator. Zoned MU-DT, the property benefits from excellent exposure and foot traffic in Albany's vibrant downtown district. This turnkey asset is ideal for investors seeking value, stability, and upside potential in a dynamic urban market.

Key Highlights

  • Fully Leased Mixed‑Use Building: Generates immediate income with five apartments and two retail spaces.
  • Prime Downtown Albany Location: High visibility at the corner of North Pearl and Columbia Streets with excellent foot traffic.
  • Renovated Historic Building: Constructed in 1850 and thoughtfully renovated in 2020, blending historic charm with modern updates.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased, renovated mixed-use building in downtown Albany.
Where is this mixed-use property located?
The property is located at 82 N Pearl Street Albany, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Fully Leased Mixed‑Use Building: Generates immediate income with five apartments and two retail spaces.; Prime Downtown Albany Location: High visibility at the corner of North Pearl and Columbia Streets with excellent foot traffic.; Renovated Historic Building: Constructed in 1850 and thoughtfully renovated in 2020, blending historic charm with modern updates.
More about this property
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