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Just Listed Properties for Sale

$750,000

202626636 MLS

Introducing 329 North Pearl Street, a prime income-generating, 1.5-acre parcel in downtown Albany's Central Business District, currently leased to Capital Repertory Theatre (theREP) for use as a parking lot. The property is being offered at a price significantly below its most recent assessment, with further development potential awaiting a new owner. With C-3 zoning, the city's broadest commercial designation, the site could support a range of development including large-scale retail, professional offices, hotel, and restaurant. The location is one of its strongest assets. The site sits directly across the street from a midsize residential development, in a growing mixed-use pocket of downtown that blends cultural destinations, established businesses, and new residential construction, a combination that makes this a prime opportunity in the heart of Albany. •1.5 acres in downtown Albany's C-3 Central Business District, fronting North Pearl Street •Currently leased to Capital Repertory Theatre (theREP) for use as a parking lot, generating monthly income •Lease expires 2035 •451 feet of frontage along North Pearl Street •282 feet of frontage along Colonie Street •C-3 (Central Business District) zoning, Albany's widest commercial-use designation •Paved, 44-space surface parking lot on the developed portion of the site, with the balance held as wooded, undeveloped land. •Direct access to I-787 and Route 9 via the Clinton Avenue and Livingston Avenue exits; CDTA bus routes and Albany-Rensselaer Amtrak station nearby •Rezoned from C-1 to C-3 by the City of Albany in 2002

329 N Pearl Street, Albany

$699,900

3 Beds

4 Baths

202626628 MLS

Welcome to an exceptional custom-built Cape Cod in Olde Nott Farm, one of the Capital Region's most sought-after neighborhoods, offering the rare convenience of true first-floor living. Set on a beautifully landscaped corner cul-de-sac lot in the highly desirable Niskayuna Schools, with low Saratoga County taxes, this home is surrounded by community green space, ponds, and a peaceful neighborhood setting. The main level includes a spacious first-floor primary suite with a vaulted ceiling, updated ensuite bath, quartz countertops, and separate vanities. There is an additional 1st floor bedroom suite. Natural light fills the home, highlighting 3-inch maple hardwood floors, solid wood doors with brass hardware, and crown molding. Cathedral and vaulted ceilings enhance the kitchen, dining room, living room,family room, and stunning sunroom. The chef's kitchen features hand-milled maple cabinetry, a 48-inch Bertazzoni cooktop, dual wall ovens, Advantium microwave, vegetable sink, stainless appliances, and newer ceramic tile flooring. The sunroom offers three walls of glass, wooded views, and a gas stove fireplace for year-round enjoyment. Outdoor living shines with Brazilian Ipe decking on the front porch and expansive rear deck overlooking the park-like grounds. Over $130,000 has been invested in recent improvements, including all new windows and sunroom sliders, new front door, renovated primary bath, new kitchen appliances, updated family baths, newer central air, hot water heater, flooring, fixtures, and more. Major updates also include a 2015 roof, 2020 furnace and garage doors, 2023 AC, and extensive 2024-2026 upgrades. The finished lower level adds over 1,400 sq ft, bringing total usable living space to over 4,000 sq ft, with easy potential for a 4th bedroom, guest suite, office, gym, or media room. A rare combination of custom craftsmanship, first-floor living, modern updates, and exceptional space!

4 Massachusetts Court, Clifton Park

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