405 N Pearl Street Albany, NY ^$ 989,000

405 N Pearl Street

^$ 989,000

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405 N Pearl Street

Albany, NY, 12207

^$ 989,000

Bedrooms-- Baths-- Sq 9,569

Monthly Estimate*

^$ 6,089

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Commercial Property for sale in Albany, NY

for $989,000. This 9,569 square foot building was built in 1900 on a lot size of 1.43.

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.

Commercial Active

Price

^$ 989,000

Property Type

Commercial

Taxes

^$ 32,654

Style

Industrial

Lot Size

1.43

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202522968

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling Central Air

Roof Rubber

Zoning Mixed

Security Features Security Fence Fire Sprinkler System

Construction Materials Steel Beam Brick

Year Built 1900

Stories Count 2

Property Subtype Industrial

Current Use Industrial Multi-Family Office warehouse

County Albany

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Possible Use Industrial Land Manufacturing Mixed Office/Retail Office/Warehouse Restaurant Retail Tavern Tavern Plus Warehouse Car Wash Convenience Store Fitness/Gym Gas Station Multi-Family Self-Storage Facility

Status Active

Directions Corner of N Pearl and Van Woert St

City Albany

Lot Size Units Acres

Lot Size Square Feet 62290.8

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 32654.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 0

Tax Lot 14

Interior

Flooring Concrete

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Off Street

Water Source Public

Total Parking 100.0

Inclusions Building & Land

Lot Size Area 1.43

Number of Buildings 2

Spa N

Building Area Total 9569.0

Lot Dimensions 142X287

Lot Size Acres 1.43

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 405

* Excluded Features

List By

Rudy Lynch

Listing Agent

Carrow Real Estate Services Llc

Broker

(518) 337-3705

Phone

rudy@carrowrealestate.com

Affordability Calculator

$8,811

Per Month

Monthly Principal & Interest: $6,089
Monthly Property Taxes: $2,721
Monthly Home Insurance: --

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Down Payment

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Albany, NY

Average List Price ^$1,031,152

Percent of Sale Price 4%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3061716 Elementary School

3061730 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/27/2026	$989,000	-29.10%	Price Down
8/1/2025	$1,395,000		Listed Price

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405 N Pearl Street, Albany, NY, 12207 is a Commercial Property for sale at $989,000 with 9,569 sqft and a lot size of 1.43. 405 N Pearl Street was built in 1900. The property's zip code is 12207 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 6/4/2026.

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405 N Pearl Street

Commercial Property for sale in Albany, NY

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