BEDS10
BATHS8 full 3 partial
SQUARE FEET10,000
MLS#202622723
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLAlbany
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Baseboard, Hot Water, Wood, Natural Gas
Home Style: Apartment 4 Plus Unit
Lot Size: 0.04 Acres
Roof Type: Flat, Rubber, Built-Up
Taxes: $22,688
Year Built: 1880
Feature Descriptions
Days on Site: 38
Equipment: None
Exterior: None
Exterior: Stone, Block, Stucco, Wood Siding
Fencing: Wood, Back Yard
Fireplace: Wood Burning
Flooring: Wood, Ceramic Tile
Interior: Paddle Fan, Wet Bar, Ceramic Tile Bath
Lot: Level, Road Frontage, Corner Lot
Lot Dimensions: 7338
Parcel #: 010100 76.32-5-4
Parking Total: 0
Security: Fire Sprinkler System
Sewer: Public Sewer
SQFT Above Grade Finished: 10000
Structures: None
Water: Public
Windows: Wood Frames
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
Estimate Your Payment
Estimated Payment
$ 7,680.30 per month $5,118.80 Principal & Interest $1,890.67 Property Tax $670.83 Homeowner's Insurance
162-170 Jefferson Street | MLS# 202622723
This multi-family 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.