439 N Pearl St

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439 N Pearl St

Albany, NY 12204
Asking Price
$329K
Asset Type
Flex Retail
Class
Class B

What's Special

Retail | 3,850 SqFt <ul><li>​Office / Retail / Industrial Warehouse</li><li>​+/-3,850 Total Square Feet</li><li>​One (1) Story plus Partial Basement</li><li>​+/-0.26 Acres</li><li>​ (18) On-Site Surface Parking Spaces</li><li>​Constructed in 1944</li><li>​Rear Warehouse Addition Completed in 1990</li><li>​Rubber Roof: Front +/-2000 / Rear +/-2023</li><li>​Form-Based Warehouse District Zoning (MU-FW)</li><li>​+/-10’ Ceiling Height</li><li>​8’x8’ Dock Hight Overhead Door</li><li>​Municipal Water & Sewer</li><li>​Prop

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NOI
$80,000
Cap Rate
24.32%
DSCR
4.10
Strong
Cash-on-Cash
61.26%
Monthly Payment
$1,627.712
Annual Cash Flow
$60,467.45

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