$725,000
Albany, NY 12207
MLS# 202419000
Status: Closed
8 baths | 11495 sqft
1 / 22
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
Original List Price: 869900
List Price/SqFt: 69.59
Sold Price/SqFt: 63.07
List Price/Acres: 15998000
Sold Price/Acres: 14500000
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $725,000
Listing Contract Date: 2024-06-07
Current Price: $725,000
Location
Postal Code +4: 2845
City/Town (Mail): Albany
Street Number: 31-33
Street Direction Prefix: N
Street Name: Pearl
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12207
Geo Lat: 42.650634
Geo Lon: -73.751786
Property Detail
Stories: 4
Parking Y/N: No
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
Year Built: 1910
Bathrooms Total: 8
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 76.34-3-40
Tax Annual Amount: 8448
Tax Section: 76.34
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 40.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Turn left on Broadway, turn right on State St, turn right on N Pearl St
Public Remarks: 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.
Sewer
Public Sewer: 1
Association Amenities
None: 1
Current Use
Mixed Use: 1
Architectural Style
Mixed Use: 1
Electric
Circuit Breakers: 1
Financial Details
General Taxes: 3722
General Taxes Description: Estimated
School Taxes: 4726
School Taxes Description: Estimated
Cooling
Central Air: 1
Window Unit(s): 1
Basement
Full: 1
Unfinished: 1
Lot Features
Level: 1
Building Detail
Retail Total SQFT: 2139
Retail Available SQFT: 2139
Retail Ceiling Height: 14
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Rental Agreement: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Vinyl: 1
Wood: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Pet(s) on Premises: 1
Restricted Days: 1
Restricted Hours: 1
Sign on Property: 1
Water Source
Public: 1
Heating
Electric: 1
Forced Air: 1
Natural Gas: 1
Interior Features
High Speed Internet: 1
Parking Features
Parking Total: 0
Possible Use
Office/Retail: 1
Office/Warehouse: 1
Restaurant: 1
Tenant Pays
Electricity: 1
Gas: 1
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
Taxes 
Listing Courtesy of Hunt ERA
Listing Agent: Kadijah Johnson
518-256-8292 | kadijah.johnson@huntrealestate.com
518-256-8292 | kadijah.johnson@huntrealestate.com