99 Pine Street, Albany, NY 12207

New - 27 Hours Ago

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Property Description

PRIME DOWNTOWN ALBANY MIXED-USE INVESTMENT -- 41 RESIDENTIAL UNITS + 21 COMMERCIAL SPACES | $4,450,000A 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.

99 Pine Street | MLS# 202622095

This commercial property located at 99 Pine Street, Albany, NY 12207 is currently listed for sale with an asking price of $4,450,000. Pine Street is located within the Albany school district. Search Albany real estate on hillary-bender.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Multiple
Basement: Yes
Basement: Partial, Other
Cooling: Central Air, Wall Unit(s)
Heating: Heat Pump
Home Style: Other
Lot Size: 0.53 Acres
Roof Type: Rubber
Taxes: $98,405

Feature Descriptions

Association Amenities: None
Current Use: Mixed Use
Days on Site: 1
Exterior: Brick
Exterior: None
Lot Dimensions: 105.4x218.8
Parcel #: 010100 76.34-3-34
Parking Total: 10
Parking Total: 10
Security: Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
Sewer: Public Sewer
Water: Public

Local Schools

High School: Albany
School District: Albany

Demographics

Listed By / Shown By

Listing By

Agency Name: Empire Real Estate Firm LLC
Agency Phone: 1 518-662-7653

Shown By

Agent Name: Hillary Bender
Agent Phone: (607) 431-0672
Agency Title: Timberland Properties

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