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Albany, NY 12207 · Albany County
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.
Albany is in Albany County, NY. There are currently 183 active listings here, ranging from $15,600 to $8,000,000. Priced 266% above the Albany median of $325,000.
See Sharon's Albany community guide20 facts about this property
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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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Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.