Entity Owned Property summary
AI-generated overview
This exceptional street-level retail space, located at 29 North Pearl Street in the heart of downtown Albany, New York, presents a fantastic opportunity for a discerning business owner. The property boasts 1,152 square feet of versatile space, previously occupied by a bagel and coffee shop, offering excellent visibility and exposure at the busy corner of North Pearl and Maiden Lane. The unit is situated within a larger building totaling 5,360 square feet and is currently the only available suite. The space will be delivered as a "vanilla box," providing a blank canvas for customization, but includes a brand new ADA-compliant restroom, a walk-in cooler, and a brand new HVAC system. The monthly rent of $2,600 is inclusive of most expenses, excluding trash removal and utilities. This prime location in Albany County, zip code 12207, offers unparalleled access to a high volume of foot traffic and is ideal for a variety of retail concepts. The property's address is 29 N Pearl St, Albany, NY. Don't miss this chance to establish your business in a thriving downtown Albany location.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Total area
5,360 SF
Lot
0.05 ac (2,200 SF)
Zoning code
C3
APN
010100 76.34-3-41.20
UPID
US63-0453634
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$110k
Owner & transaction history
since 2022
Last sale
$177,500
4 recorded transactions
Zoning & alternative use
C3 · Albany, NY
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$110k
Value range
$99k – $121k
±10% around blend
Estimated value / SF
$21 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$99k
blend $110k
$121k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,360 SF
Lot area
0.05 ac
Year built
1890
Stories
4
APN
010100 76.34-3-41.20
Zoning
C3
Assessed value
$427,800
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$274k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.7 mi away · 4,379 SF
11.7 mi away · 4,224 SF
14.3 mi away · 5,728 SF
14.3 mi away · 6,622 SF
14.4 mi away · 6,090 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$110k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 112 sales
$78
-74%
County 154 sales
$75
-73%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $21/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$177k
Move the market yield to see immediate price impact.
Value / SF
$33
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$11k
$224k
$160k
$124k
$12k
$249k
$177k
$138k
$14k
$273k
$195k
$152k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$260k
9.6 mi · Dec 2025 · $39/SF
Property tax & assessments
Property tax & assessments
Assessed value
$427,800
Assessed 2023
Previous assessed
$275,000
+55.6% YoY
Assessed land
$23,300
Assessed improvement
$404,500
Land market value
$32,896
Improvement market value
$571,085
Total market value
$603,981
Applied tax rate
10,100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
4
Total area
5,360 SF
Lot
0.05 ac (2,200 SF)
Zoning code
C3
APN
010100 76.34-3-41.20
UPID
US63-0453634
Jurisdiction
ALBANY
Zoning & alternative use
C3 · Albany, NYZoning C3 · permitted uses
C3 · Albany, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1890
Heating
NONE
Cooling
Yes
Stories
4
Buildings
1
Lot
0.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C3
Jurisdiction
Albany, NY
Recorded code
C3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3 in Albany, NY.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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