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Historic Downtown Mixed-Use Building
For Sale
$4,450,000

99 Pine Street, Albany, NY 12207

Multi-tenant building with 41 residential units and 21 commercial spaces in the Downtown Albany Historic District.

Property SizeContact for details
Days on Market100

Property Features for 99 Pine Street

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Empire Real Estate Firm LLC
Listed By: Sage Baltrusaitis · License #10401340935
Source: Signatureonerealtygroup
Added: May 29 Changed: Sep 4 Last Checked: Sep 4 at 10:24AM

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 Empire Real Estate Firm LLC

Investment Insights

Based on property information with market context.

This historic mixed-use building offers 41 residential units and 21 commercial spaces within a single structure. The property totals 101,730 SF on a 0.53-acre lot at the corner of Pine St and N Pearl St, within the Downtown Albany Historic District. Built in 1880, the building combines historic character with modern residential systems and finishes.

Residential units include custom kitchens with stainless appliances and granite countertops, in-unit washer/dryer, and hardwood floors. Heating and cooling are provided by VRF mini-split systems. Bathrooms feature mahogany vanities and custom lighting, with select units offering mosaic-tiled walk-in showers.

Building amenities include a rooftop patio, theater room, and fitness center. Public remarks also note a 96 Walk Score, supporting convenient access to downtown employers and services. The offering is for sale as a diversified investment across residential and commercial tenancy.

Key Highlights

  • Mixed‑use building in the Downtown Albany Historic District with 41 residential units and 21 commercial spaces
  • 101,730 SF building on a 0.53‑acre lot at the corner of Pine St and N Pearl St
  • Built in 1880

Property Analytics

Current Use

Ny Association Commercial ... Association Or Organization Blowers Missy OD Physician E. Stewart Jones ... Law Firm Lipnick & Giglio Dental Office Hunt-Moriarty Sharon OD Physician

Suggested Use

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

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-tenant building with 41 residential units and 21 commercial spaces in the Downtown Albany Historic District.
Where is this mixed-use property located?
The property is located at 99 Pine Street Albany, NY.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: Mixed‑use building in the Downtown Albany Historic District with 41 residential units and 21 commercial spaces; 101,730 SF building on a 0.53‑acre lot at the corner of Pine St and N Pearl St; Built in 1880
More about this property
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