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Listed by John S DiBlasi • DiBlasi Real Estate

$ 2,300,000

Est. payment -/mo

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162-170 Jefferson Street Albany, NY 12210

11 Baths

10,000 SqFt

UPDATED:

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 $230

MLS Listing ID 202622721

HOA Y/N No

Year Built 1880

Annual Tax Amount $22,668

Lot Size 10,000 Sqft

Acres 0.03

Lot Dimensions 106 X 70

Property Sub-Type Mixed Use

Source Global MLS

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 bar, liquor license & 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) + standout 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, 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.

Location

State NY

County Albany

Zoning Commercial

Direction The Corner of Dove St and Jefferson St from 170 Jefferson East to 162 Jefferson St

Interior

Heating Hot Water, Natural Gas

Flooring Other, Wood

Inclusions Business & Building

Exterior

Exterior Feature Lighting

Parking Features On Street

Roof Type Flat,Rubber,Built-Up

Porch Patio

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Albany

Others

Tax ID 010100 76.32-5-4

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Inglenook Realty, Inc.

NYS Licensed Real Estate Brokerage | License ID: 109931319

+1(518) 882-6236

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