New search
Property profile & analytics
FOR SALE
Office buildings
30 S Pearl St, Albany, NY 12207
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3155843
For Sale
$935,000
30 S Pearl St, Albany, NY 12207
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
225,860 SF
Lot
0.77 ac (33,633 SF)
Zoning code
C3
APN
010100 76.42-3-15
UPID
US63-3155843
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Communication Services Marketing & Advertising Advertising Agency
-
New York State Empire State State Government Office
-
Emergency Management Office Government Office
-
Berkley Alliance Managers Business Management Consultant
-
Capitol Strategies Group Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Cdp Lexington 2 LLC · 4 yrs held
Cdp Lexington 2 LLC
since 2021
5 recorded transactions
Zoning & alternative use
C3 · Albany, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$4 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$8,500,000
Assessed 2023
Previous assessed
$8,500,000
+0.0% YoY
Assessed land
$356,500
Assessed improvement
$8,143,500
Land market value
$503,318
Improvement market value
$11,497,247
Total market value
$12,000,565
Applied tax rate
10,100.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1984
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
14
Total area
225,860 SF
Lot
0.77 ac (33,633 SF)
Zoning code
C3
APN
010100 76.42-3-15
UPID
US63-3155843
Jurisdiction
ALBANY
Zoning & alternative use
C3 · Albany, NY
Zoning C3 · permitted uses
C3 · Albany, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albany. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
14
Buildings
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Cdp Lexington 2 LLC
Entity
Mailing address
54 STATE ST STE #800, ALBANY, NY 12207-2524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2021
—
Cdp Lexington 2 LLC
—
Deed
related
$296,023 · Berkshire Bank
Jan 15, 2021
—
54 State Associates LP
—
Deed
related
$3,400,000 · M&t R/e Tr
Feb 2, 2010
—
Ps Associates LP
—
Deed Of Trust
related
$13,346,082 · M & T Real Estate Trust (ct)
—
—
Ps Associates LP
—
Loan Modification
related
$9,908,000 · 54 State Associates LP
—
—
54 State Associates LP
—
Loan Modification
related
$3,400,000 · M&t R/e Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
