SQUARE FEET10,000
MLS#202622721
STATUSActive
PROPERTY TYPECommercial - Investment
SCHOOLAlbany
Property Description
Rare mixed-use investment 1 block from Empire State Plaza! 4 adjoining buildings (162-170 Jefferson St) = 8 apartments + The Palais Royale Bar & Grill, a well-known neighborhood institution. Sale includes 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. 168: 3 units -- 2 upstairs apts (3BR total) + open 1,860 SF 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? Ideal for investors, owner-operators, or developers. Near to state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.
Property Features
Property Type: Commercial - Investment
Basement: Full, Interior Entry, Unfinished
Basement: Yes
Cooling: Wall Unit(s)
Heating: Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.03 Acres
Roof Type: Flat, Rubber, Built-Up
Stories: 2.0
Taxes: $22,668
Year Built: 1880
Feature Descriptions
Current Use: Apartment Plus, Multi-Family, Restaurant, Tavern Plus
Days on Site: 38
Exterior: Lighting
Exterior: Other, Stucco, Wood Siding
Flooring: Other, Wood
Lot: Corner Lot
Lot Dimensions: 106 X 70
Parcel #: 010100 76.32-5-4
Parking: On Street
Parking Total: 0
Patio/Porch: Patio
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Building Total: 10000
Water: Public
Local Schools
High School: Albany
Elementary School: Thomas S. O'Brien Academy
School District: Albany
Listed By / Shown By
Listing By
Agency Name: DiBlasi Real Estate
Agency Phone: 1 518-857-1505
Shown By
Agency Title: CKM Team Realty
Agency Phone: 518.395.2568
162-170 Jefferson Street | MLS# 202622721
This commercial property located at 162-170 Jefferson Street, Albany, NY 12210 is currently listed for sale with an asking price of $2,300,000. 162-170 Jefferson Street is located within the Albany school district. Search Albany real estate on www.ckmteamrealty.com today.