11 N Pearl Street

Unit:ST01 Albany, NY 12207-2709

Between State St and Maiden Lane, Albany

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Status: Available

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Building Name
11 N Pearl Street
Address
Albany, NY 12207-2709
Cross Street
Between State St and Maiden Lane
Neighborhood
Albany

Essentials

Web ID
53685
Price
Call for Prices
Type
Retail
Rooms
0
Approx. Sq. Ft
7,132

Unit Features

Unit Amenities
High Ceilings
Windows
0
Description
Welcome to 11 North Pearl Street -- this masterfully constructed street-level Capital Region retail space could actually be yours! Every inch of the space is utterly magnificent and so richly-appointed, your customers and clients will think they have stepped into a palace. We invite you to see for yourself what monumental effect this environment can have on your new or existing business.

When you enter this 7,132 square-foot Albany retail space you will immediately appreciate the wide open floor plan, which promises to cater to every space and layout requirement your business requires. Formally the Home Savings Bank location, there are high ceilings and ornate, original finishes throughout the great room, featuring gold-leaf embossed and hand-painted ceilings, shining marble walls, flooring, and pillars, and a decorative fireplace to name just a few. A functioning vault is situated toward the back of the unit and leads to functional storage and office space, as well as adequate restrooms and access to James Street. The second floor offers the impressive "President's Office" where every inch is highly decorated and the space is bright, private, and conducive to quiet concentration or intimate gatherings. There is access to a washroom and kitchenette on this level as well.

Whether your background is in banking or catering, event-planning or administration, this is the retail space that allows you to create the layout you've always needed, and in an ideal location within the center of Albany's Business District.

This is a business decision you will feel great making. This is 100% the right move for you - call now before its gone!

Building Features

Building Name
11 North Pearl - Home Savings Bldg
Description
This retail opportunity could not get any more “Downtown Albany!” Majestic and imposing, 11 North Pearl Street allows your establishment to take center stage with fine architectural details and highly respected neighbors. Ongoing renovations keep the building looking fantastic while accentuating its original features.

Area Demographics:

                                        1-mile         3-miles       5-miles
Population                      20,926        97,143       166,351
Daytime Population       31,343       111,461      179,096
Avg. Household Income $53,531     $60,909     $67,274


11 North Pearl, located in the Central Business District, is truly within the heart of Albany. With over 85 restaurants, coffee shops, bars, and cafes, weekly events at entertainment venues Times Union Center, the Egg, and the Palace Theater, and many convenience and specialty clothing stores all within walking distance, this building will never suffer from lack of visibility.

The State Capitol, Governor’s Mansion, Empire State Building and Convention Center, local and state offices, and the New York State Museum are all within a few blocks as well. It is within these few blocks that laws are created, leaders convene, and large-scale decisions are made. Think of the pride, accomplishment, and respect you will earn from owning and operating an establishment within this primary pulse of New York State.

The immediate area surrounding 11 North Pearl is an urban mix of tall hotels, restaurants, banks, night clubs, shops, and office/retail buildings, housing various company headquarters and state and local offices. Both regionally and internationally-known companies and organizations hold space here at 11 North Pearl, including Time Warner Cable, AT&T, Microsoft Corporation, Verizon, New York Wired for Education, Classe Catering, Empire State Independent Network, and many more. Join this respected professional atmosphere and add your business’ name to the list!

The impressive 19-story Art Deco building at 11 North Pearl was constructed in 1927 with all the pomp and glory of the Roaring Twenties. The sheer grandeur of this former bank lobby will bring customers through your doors, with its immensely high ceilings, decorative tin ceiling, cherry wainscoting, ornate crown molding and pillars, historical seals, marble and wood flooring, and marble walls. Near the roof and ground level entrance unique Native American and colonial settler images can be seen, telling a story of Upstate New York’s heritage. These highly original features are treasured here at 11 North Pearl Street, and the regularly ongoing renovations keep the building up-to-date at the same time – all of which contribute to an extraordinary environment in which to run your business. In addition, an entrance and storefront on James Street adds to this building’s excellent accessibility.

Property Highlights:

  • 144,721 square foot mixed-use building, built in 1927, with 129,123 square feet of net rentable area
  • 108.98 feet of frontage along North Pearl, 49.75 along parallel James Street
  • Ground level retail unit with many fine finishes, additional space on second floor, and another storefront with entrance accessible via James Street
  • Upper levels consist of offices of varying sizes, with spectacular views, updated features, and flexible spaces
  • Basement level contains telecommunications-related tenants and their equipment, and various storage spaces
  • Parking garages and metered parking close by
  • Extensive renovations completed 1999-2005, including new security, fire, heating, and cooling systems, fiber optic installation, roof replacement, and elevator shaft conversion; renovations are ongoing
  • Three 2,500-lb passenger elevators, one 2,500-lb freight elevator, and two sets of stairwells provide access to all floors
  • Upgraded electrical system containing 2,000 amp service
  • On-site manager and superintendent
  • 24-Hour digital surveillance system


At 11 North Pearl Street we are committed to providing state-of-the-art service and amenities, and are constantly improving the building to ensure our tenants are content here. Current renovations include:

  • In the process of creating a high-tech fitness center for our tenants


  • Replacement of carpets in the hallway areas


  • Addition of various décor throughout building


  • Plans for a gourmet deli within the building


  • Thorough renovations of vacant office spaces
This is a rare opportunity that may not last long! Don’t let it slip away!

Please note that without a valid APPOINTMENT AUTHORIZATION#,
the space cannot be shown to you.
Please take a moment to request the appointment and we will assist in
setting this up for you and issuing you an APPOINTMENT #

By presenting the information set forth herein, Heights Real Estate Company, LLC makes no representation or warranty of any kind, including without limitation, the condition or manner of construction of the property offered, conditions considered latent or patent, compliance with local law, and environmental conditions. Heights Real Estate Company, LLC . does not warrant the accuracy of the information set forth herein, and the same is submitted subject to errors and omissions, and the right of our principal(s) to withdraw, modify or condition the listing without prior notice.

Photo
Agent
Melissa Martino
Tel
(646) 381 - 3701
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email
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