265 Pearl StAlbany, NY 12202

For Sale
$450,000

Historic Albany retail & apartment

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property at 265 S. Pearl Street in Albany, NY, presents a unique investment opportunity. The 2,320 square foot building, constructed in 1910, boasts a charming two-story design situated on a 0.03-acre lot. The property features a thriving, established coffee and luncheonette shop occupying the first floor, complete with all fixtures, furniture, and equipment (FF&E), included in the sale price of $450,000. This provides immediate income potential for the new owner. Upstairs, a comfortable two-bedroom apartment offers additional rental income or owner occupancy. The building's prime location in Albany, NY, zip code 12202, ensures high visibility and accessibility. With a price per square foot of $193.97, this property represents a strong value in the vibrant Albany market. The Albany County location and the property's APN is 76.57-4-12. This is a rare chance to acquire a turn-key operation with established income streams in a desirable urban setting. The building's history adds to its unique character, making it an attractive investment for both seasoned and new investors. Don't miss this opportunity to own a piece of Albany's rich history and vibrant commercial landscape.

Highlights

  • Mixed-use building at 265 S. Pearl Street, Albany, NY 12202.
  • 2,320 sq ft building on a 0.03-acre lot, built in 1910.
  • First floor houses an established coffee and luncheonette with FF&E included in the $450,000 sale price.
  • Second floor features a two-bedroom apartment providing additional income or owner occupancy.
  • APN: 76.57-4-12.

Property Details for 265 Pearl St

Property type
Other retail properties, Other mixed-use properties
Square Feet
2,320 SF
Year Built
1910
Buildings
1
Stories
2
Lot Size (sq. ft)
1,307 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6421686
Longitude
-73.7568297
265 Pearl St, Albany, New York

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265 Pearl St
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