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Property summary
This thriving bar and restaurant located at 275 Lark Street in Albany, New York, presents a unique investment opportunity. The property boasts 2,840 square feet of space, spread across two stories, and sits on a 0.14-acre lot (APN: 76.23-3-50.1). Built in 1940 and renovated the same year, the building is zoned for commercial use (Comm). The property features a prominent street frontage, maximizing visibility for the first-floor bar and tavern area. A significant asset is the second-floor… space, which includes a party area, office, and a full bathroom. Outdoor seating is available on a patio with a capacity for 100 patrons. Six off-street parking spaces are conveniently located at the rear of the building. Currently operating seven days a week with 100% occupancy as of November 7, 2023, this establishment benefits from its location in a high-foot-traffic area near the City and State Capital Buildings, ensuring consistent customer flow. The asking price is $695,000, translating to $244.72 per square foot. This turnkey operation offers a compelling opportunity for a savvy investor seeking a well-established business in a prime Albany location. The property consists of one unit within a single building.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
11 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,840 SF
- Lot area
- 0.13 ac
- Year built
- 1940
- Stories
- 2
- APN
- 010100 76.23-3-50.1
- Zoning
- R2C
- Assessed value · 2023
- $294,000
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/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.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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