0.53 Acres Lot
0.53 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202622095
HOA Y/N No
Annual Tax Amount $98,405
Lot Size 0.525 Acres
Acres 0.53
Lot Dimensions 105.4x218.8
Property Sub-Type Mixed Use
Source Global MLS
Property Description
A rare opportunity to own a signature mixed-use asset in the heart of the Downtown Albany Historic District. This 101,730 SF building sits on a 0.53-acre lot at the corner of Pine St and N Pearl St, offering 41 luxury residential units and 21 commercial spaces under one roof -- steps from Albany's business core, courts, and government offices. 96 Walk Score.
Residential units are finished to a high standard: custom kitchens with stainless appliances and granite countertops, in-unit washer/dryer, hardwood floors, and state-of-the-art VRF mini-split heating and cooling systems. Bathrooms feature mahogany vanities, custom lighting, and select units with mosaic-tiled walk-in showers.
Building amenities include a rooftop patio, theater room, and fitness center -- driving strong resident retention and premium rents in a tight downtown rental market.
Built in 1880 and set within Albany's Historic District, the property combines architectural character with modern systems and finishes, appealing to residents and commercial tenants seeking a downtown address.
Ideal for investors seeking diversified income across residential and commercial tenancy in one of the Capital Region's most established urban cores.
Location
State NY
County Albany
Zoning Mixed
Direction From I-787 Northbound/Southbound: Take the Downtown Albany/Clinton Ave exit. Head west on Clinton Ave toward downtown. Turn left (south) onto N Pearl St and continue approximately 0.5 miles through downtown. Turn right onto Pine St -- 99 Pine St is on the corner, at the intersection of Pine St and N Pearl St. From I-90: Take Exit 6 for I-787 South toward Albany. Follow I-787 S to the Downtown Alba
Interior
Heating Heat Pump
Exterior
Exterior Feature None
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction No
Schools
School District Albany
Others
Tax ID 010100 76.34-3-34
Special Listing Condition Short Sale
Nearby Locations
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