Financial
Distress signals
Property profile

82 N Pearl St Albany, NY 12207

FOR SALE
Other investment properties
Property ID
US63-2604825
10,085 SF 0.07 ac lot Built 1850
Last sale Aug 2019 · $510,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A four-story historic mixed-use building constructed in 1850 and totaling approximately 10,085 square feet, located at the corner of North Pearl and Columbia Streets in Albany’s downtown district. The building was renovated in 2020 and is configured with five market-rate residential apartments and two retail storefronts. The property includes a passenger elevator and has commercial street frontage on a high-visibility corner location. It is zoned MU-DT and is designed for mixed-use occupancy combining multifamily residential units with ground-floor retail.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$565k
Assessed land$32k
Assessed improvement$534k

Value estimate

· Sep 2026
$815k
$734k – $897k
Submarket $/SF estimate$820k
NOI build-up
Gross scheduled income$212k
Vacancy & credit loss−$22k
Operating expenses−$71k
NOI · 10.43% cap applied$119k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$41 – $110
Qualifying comparables6

Cap rate analysis

How does the asset earn?
10.43%
$119k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C3
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand index
Skin Care Clinic10.4
Pet Grooming Service9.0
Garden Center8.1

Location

82 N Pearl St Albany, NY 12207
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
420 Broadway, Albany, NY 12207-2905 $1,435,000 Nov 2024 10,065 SF
18 Grn, Albany, NY 12207-2802 $170,000 Dec 2023 3,360 SF
115 Pearl, Albany, NY 12207-1411 $210,000 Jul 2022 4,914 SF
17 Pearl, Albany, NY 12207-2701 $840,013 Feb 2022 31,098 SF
69 Pearl, Albany, NY 12207-2711 $600,000 Nov 2021 24,072 SF
4 Sheridan, Albany, NY 12207-2227 $425,000 Oct 2018 16,472 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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