Sharon FronkRealtor® · Howard Hanna
LoadingAlbany, NY 12207 · Albany County
This four-story historic mixed-use building sits at the corner of North Pearl and Columbia Streets in downtown Albany, with about 10,085 square feet, originally built in 1850 and renovated in 2020. The remarks describe it as fully leased with five market-rate apartments and two retail storefronts, zoned MU-DT. A passenger elevator is included, and the remarks note strong rental history and downtown exposure. It is offered at $1,190,000 as a turnkey investment.
Fully Leased 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 $1,190,000 ($118/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.
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Albany is in Albany County, NY. There are currently 209 active listings here, ranging from $15,600 to $8,000,000. Priced 297% above the Albany median of $299,900.
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Carrow Real Estate Services LLC · Listed by Kyle J Bradley (34097)
Contact: 845-325-1568
MLS #202614169 · Source: Global MLS, Inc.
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