162-170 Jefferson Street, NY 12210
- $2,300,000
- 10
- BD
- 11
- BA
- 10,000
- SqFt
- List Price
- $2,300,000
- MLS#
- 202622723
- Style
- Apartment 4 Plus Unit
- Bedrooms
- 10
- Bathrooms
- 11
- Half-bathrooms
- 3
- Subdivision
- Select One
Property Description
(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.
Additional Information
- Taxes
- $22,688
- Acres
- 0.04
- Lot Dimensions
- 7338
- Lot Description
- Corner Lot, Level, Road Frontage
- School District
- Albany
- Interior Features
- Ceramic Tile Bath, Paddle Fan, Wet Bar
- Heating
- Baseboard, Hot Water, Wood
- Cooling
- None
- Exterior Features
- None
- Construction
- Block, Stone, Wood Siding, Stucco
- Roof
- Built-Up, Rubber, Flat
- Sewer
- Public Sewer
- Water
- Public
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Listing courtesy of listing agent John S DiBlasi with DiBlasi Real Estate Brokerage, 518-857-1505.
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