Homes for sale - 164 Jefferson Street, Albany, NY 12210

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Listed by John S DiBlasi • DiBlasi Real Estate

$ 2,925,000

Est. payment -/mo

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Active

164 Jefferson Street Albany, NY 12210

11 Baths

10,000 SqFt

UPDATED:

11/30/2024 04:20 PM

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $292

MLS Listing ID 202425162

HOA Y/N No

Originating Board Global MLS

Year Built 1880

Annual Tax Amount $16,571

Lot Size 7,338 Sqft

Acres 0.67

Lot Dimensions 106 x 70

Property Description

162-168 Jefferson St 4 adjoining buildings. 8 apartments and 'The Palais Royale'. When fully rented the income from both apartments and the bar is a 10.9 cap rate, on the pro-forma Included are the bar, liquor license and all FFE. A POS system, ATM, Dartboard, Pool Table, etc.
162 Jefferson St (2 units/4BR total)
164 Jefferson St is the FAMOUS Palais Royale Bar and apartment upstairs (1BR).
166 Jefferson St (2 units/2BR total)
168 Jefferson St (3 units) has 2 apartments upstairs (3BR total) and a 1,860 ft unit commercial space on the first floor which is currently the owners unit.
This large unit features hardwoods, private bar and high ceilings. Pro forma available upon request.

Location

State NY

County Albany

Zoning Commercial

Direction Dove St to East on Jefferson St.

Interior

Interior Features High Speed Internet, Paddle Fan, Tray Ceiling(s), Wet Bar, Wall Paneling, Other, Dry Bar

Heating Baseboard, Hot Water, Natural Gas, Wood Stove

Flooring Vinyl, Hardwood, Laminate

Inclusions Business & Building, Building & Land

Exterior

Exterior Feature Lighting

Parking Features None

Roof Type Rolled/Hot Mop,Rubber

Porch Enclosed, Patio

Building

Lot Description Road Frontage, Level, Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Commercial

New Construction No

Schools

School District Albany

Others

Tax ID 76.32-5-3

Special Listing Condition Standard

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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