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Executive Summary

Downtown Albany Warehouse District Investment Opportunity. Two parcels - 405 N Pearl: +/-9,569 SF two story warehouse with interior loading dock, freight elevator, industrial crane, 16' ceilings and ample office space. 380 N Pearl: +/-1.06 acre fenced gravel parking lot directly across the street. Great opportunity for owner-user or redevelopment project. Also available but not included is 403 N Pearl directly next door: Fully rented three-family with long term tenants.

Property Facts

Price $989,000
Price Per SF $103.35
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Showroom
  • OfficeLoft Creative Space
Building Class B
Lot Size 0.29 AC
Rentable Building Area 9,569 SF
No. Stories 2
Year Built 1900
Tenancy Single
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 13
Opportunity Zone Yes
Zoning MU-FW - Form-Based Warehouse District

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Fairly walkable
50/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
010100-065-016-0003-014-000-0000
Land Assessment
$125,000
Improvements Assessment
$675,000
Total Assessment
$800,000
  • Listing ID: 34724690

  • Date on Market: 2/5/2025

  • Last Updated:

  • Address: 403-409 N Pearl St, Albany, NY 12207

Contact the Sale Advisor

Downtown Albany Warehouse District | 403-409 N Pearl St

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