Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    51 S Pearl St Albany, NY 12207
    Back to Search
    Property profile & analytics

    51 S Pearl St Albany, NY 12207


    • Sports & entertainment properties
    • 541,564 SF
    • 7.40 lot acres
    Turn-Key Restaurant & Bar Opportunity For Sale
    $265,000
    3,655 SF

    Turn-Key Restaurant & Bar Opportunity

    Fully operational restaurant and bar with event-driven revenue potential.

    51 S Pearl St, Albany, NY 12207
    View Listing
    Property ID
    US63-6002951
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Albany Empire / Sports Field & Court / Sports School
    • Albany Auto Show / Association Or Organization
    • Albany County Farmers Market / Specialty Food Shop / Farmer's Market
    • Executive Cleaning Services Inc / General Contractor
    • Box Office at MVP Arena / Event Planning

    Property Details for 51 S Pearl St

    Year built
    1990
    Lot size
    7.40 lot acres
    Property size
    541,564 SF
    Zone code
    C3
    Property type
    Sports & entertainment properties
    APN
    010100 76.11-1-14.1
    APU
    1010076111141

    Description

    This exceptional 1,330-square-foot retail space at 51 S. Pearl Street in Albany, NY, presents a unique investment opportunity. Located at the entrance to the MVP Arena, this single-tenant property benefits from significant foot traffic, estimated at 400,000 annual arena attendees. Currently configured as office space, the adaptable layout is easily converted to suit retail or food and beverage uses. The space features primarily open floor plan with a private bathroom. High visibility and excellent foot traffic are key advantages. Two dedicated parking spaces are included, supplementing the 1,000 public parking spaces in the adjacent arena garage and other nearby public parking options. The property sits on a 7.4-acre lot and is part of a larger 55,000-square-foot building constructed in 1990. Its convenient location offers easy access to major highways. The property is zoned MU-DT. The lease rate is $17 per square foot, plus $2 per square foot for common area maintenance, with utilities paid separately. This is a rare opportunity to secure a high-visibility space in a prime downtown Albany location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $545,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7553
    Latitude
    42.6487
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $5,817,900
    $51,530,300
    $57,348,200
    -
    $8,213,892
    $72,752,083
    $80,965,975
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message