For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Albany market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Albany, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Albany, NY.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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