Overview
Description
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.
Property Id: 716095
Price: $ 1,190,000
Property Size: 10,085 ft2
Property Lot Size: 0 ft2
Listed By: Rudy R Lynch
ListAgentDesignation: Certified Commercial Investment Member / CCIM
Listing Agent Email: rudy@carrowrealestate.com
Listing Agent Phone: 518-337-3705
Listing Brokerage: Carrow Real Estate Services LLC
Other Features
Has Cooling System
Has Heating System
$ 6,101.37
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 4,613.87
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