31-33 N Pearl Street, Albany, NY 12207 (MLS# 202419000)

$725,000
31-33 N Pearl Street
Albany, NY 12207
MLS# 202419000
Status: Closed
8 baths  |  11495 sqft
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Property Description
The building sale includes a newly renovated, vacant commercial space, ready for immediate owner occupancy or leasing opportunities. The commercial floor plan features new concrete floors, sheetrock, paint, drop ceilings, electrical, and lighting. The space can be easily converted to accommodate various needs, including commercial kitchen equipment, retail, or office space. Six updated residential apartments on above three floors, featuring a mix of one and two-bedroom units. Each apartment is fully rented. Conveniently located near restaurants, state buildings, hotels, and key city attractions such as the MVP Arena, the Palace Theater, Albany NanoTech Complex and the new, upcoming National Semiconductor Technology Center. Seller has retired after 50+ years in commercial business.

Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 869900
Sold Price: $725,000
Listing Contract Date: 2024-06-07
Current Price: $725,000
List Price/SqFt: 69.59
Sold Price/SqFt: 63.07
List Price/Acres: 15998000
Sold Price/Acres: 14500000
Location
Street Number: 31-33
Street Direction Prefix: N
Street Name: Pearl
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12207
Postal Code +4: 2845
City/Town (Mail): Albany
Geo Lat: 42.650634
Geo Lon: -73.751786
Property Detail
Year Built: 1910
Stories: 4
Bathrooms Total: 8
Lot Size Square Feet: 2139
Zoning: Commercial
Lot Size Dimensions: 31.5X69
Lot Size Acres: 0.05
Building Area Total: 11495
Building Available SQFT: 8556
Main Road Frontage: 31.5
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Financial Details
General Taxes: 3722
General Taxes Description: Estimated
School Taxes: 4726
School Taxes Description: Estimated
Building Detail
Retail Total SQFT: 2139
Retail Available SQFT: 2139
Retail Ceiling Height: 14
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Status Change Info
Status Change Date: 2025-05-30
Under Contract Date: 2024-12-09
Sold Date: 2025-05-30
Sold Price: $725,000
Property Features
Architectural Style: Mixed Use
Association Amenities: None
Basement: Full; Unfinished
Construction Materials: Brick
Cooling: Central Air; Window Unit(s)
Current Use: Mixed Use
Electric: Circuit Breakers
Exterior Features: None
Flooring: Carpet; Ceramic Tile; Vinyl; Wood
Heating: Forced Air; Natural Gas
Interior Features: High Speed Internet
Lot Features: Level
Possession: At Closing; Rental Agreement; Subject To Tenant Rights
Possible Use: Office/Retail; Office/Warehouse; Restaurant
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied; Pet(s) on Premises; Restricted Days; Restricted Hours; Sign on Property
Tenant Pays: Electricity; Gas
Water Source: Public
IDX
Listing Courtesy of Hunt ERA
Listing Agent: Kadijah Johnson
518-256-8292 | kadijah.johnson@huntrealestate.com
Source MLS Verified

Information deemed reliable but not guaranteed.

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