Contacts
Carrow Real Estate Services
Carrow Real Estate Services
Property Details
- Property Type Retail
- Property Size 10,085 SF
- Cap Rate % 6.25
- Year Built 1850
- Date Updated May 28, 2026
Iconic Downtown Albany Investment Opportunity! Discover +/-10,085 SF of prime mixed-use space at the bustling corner of North Pearl & Columbia Streets. This fully leased four-story historic building—originally constructed in 1850 and thoughtfully renovated in 2020— features five 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. Offered at $1,140,000 ($113/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.
Reach out to the broker for more info on lease terms and amenities
Getting around
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95/100
Walk Score ®
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71/100
Transit Score ®
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74/100
Bike Score ®
Location
- City Albany, NY
- Neighborhood Sheridan Hollow
- Zip Code 12210
- Market Albany
Points of Interest
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Rensselaer Rail Station Taxi Stand
0.95 miles
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Albany International Airport Taxi Stand
7.10 miles
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Sunoco
0.40 miles
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Stewart's
0.78 miles
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Mobil
0.86 miles
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pitStop
1.00 miles
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Plaza 23 Truck Stop
1.22 miles
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Citgo
1.22 miles
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ChargePoint
1.90 miles
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Market 32
2.18 miles
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Tesla Supercharger
5.29 miles
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ChargeSmart
5.56 miles
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Upstate Concert Hall Parking Garage
0.06 miles
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N. Pearl St Lot at Sheridan
0.06 miles
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The Kennedy
0.06 miles
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Broadway Lot at Orange
0.08 miles
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Hotel Albany Garage
0.12 miles
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County of Albany Spruce Street Parking garage
0.14 miles
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628 Broadway Parking Garage
0.16 miles
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Riverfront Municpal Parking Garage
0.16 miles
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CDTA Lot
0.18 miles
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470 Broadway Lot
0.19 miles
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Blue 82
0.01 miles
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Burrito Joe's
0.01 miles
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Wizard Burger
0.01 miles
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Ama Cocina
0.02 miles
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Banh Mi 47
0.02 miles
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The Hollow + Kitchen
0.03 miles
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Skinny Pancake
0.04 miles
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Miranda's Deli
0.05 miles
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Lidia's Pizza
0.05 miles
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Yono's
0.06 miles
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Market 32
0.84 miles
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Save-A-Lot
2.02 miles
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Honest Weight Food Co-op
2.39 miles
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Target
2.61 miles
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Walmart Supercenter
2.63 miles
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Hannaford
2.81 miles
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Asian Food Market
2.87 miles
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ALDI
2.88 miles
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TJ Maxx
3.15 miles
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Town Squire Plaza
4.00 miles