31-33 N Pearl St, Albany, NY 12207 - Property for Sale
AVAILABILITY DETAILS
- Size
- 8,556 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA554266
- Notes
- 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. Monthly Rental Income: Commercial Space(vacant)- $3300/mo (Estimated), APT 2A (2 Bedroom)- $1350/mo, APT 2B (Studio)- $500/mo, APT 3A (2 Bedroom)- $1225/mo, APT 3B (1 Bedroom)- $1100/mo, APT 4A (2 Bedroom)- $1225/mo, APT 4B (1 Bedroom)- $1150/mo. $9850/mo Estimated Total. Rent Roll upon request. All tenants are current. Leases end in 2024 and 2025. ROPs & sprinkler system are current August 2024.
- Uses
- Office
Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Kadijah Johnson, Hunt ERA
Kadijah Johnson, Hunt ERA
