82 N Pearl Street, Albany, NY

Building Size: 10,085 SF
Economics: $1,190,000

Description:

Iconic Downtown Albany Investment Opportunity! Discover +/-10,085 SF of prime mixed-use space at the bustling corner of North Pearl & Columbia Streets. This four-story historic building—originally constructed in 1850 and thoughtfully renovated in 2020—features five fully leased market-rate apartments and two high-visibility retail storefronts. Zoned MU-DT, the property offers excellent exposure and foot traffic in Albany's vibrant downtown district. Includes a passenger elevator and strong rental history. One retail space is currently vacant, presenting a rare opportunity for an owner-occupant or additional tenant income. Offered at $1,190,000 ($118/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.