265 S Pearl St, Albany, NY 12202
This exceptional mixed-use property at 265 S. Pearl Street in Albany, NY, presents a unique investment opportunity. The 2,320 square foot building, constructed in 1910, boasts a charming two-story design situated on a 0.03-acre lot. The property features a thriving, established coffee and luncheonette shop occupying the first floor, complete with all fixtures, furniture, and equipment (FF&E), included in the sale price of $450,000. This provides immediate income potential for the new owner. Upstairs, a comfortable two-bedroom apartment offers additional rental income or owner occupancy. The building's prime location in Albany, NY, zip code 12202, ensures high visibility and accessibility. With a price per square foot of $193.97, this property represents a strong value in the vibrant Albany market. The Albany County location and the property's APN is 76.57-4-12. This is a rare chance to acquire a turn-key operation with established income streams in a desirable urban setting. The building's history adds to its unique character, making it an attractive investment for both seasoned and new investors. Don't miss this opportunity to own a piece of Albany's rich history and vibrant commercial landscape.
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South Pearl Coffee Shop Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Albany, NYAlbany. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.