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About the Listing o1969A - 7102,34261
(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.
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 8 Full / 3 Half
- Appliances:
- Air Cond:
- Heating: Baseboard,Hot Water,Wood,Natural Gas
- Fireplaces: Wood Burning
- Floor: Wood,Ceramic Tile
- Above Ground Sq Ft: 10000
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished
- Other: Paddle Fan,Wet Bar,Ceramic Tile Bath
- Water: Public
Exterior Details
- Lot Description: Level,Road Frontage,Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 7338
- Zoning: Commercial
- Roof: Flat,Rubber,Built-Up
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $22,688
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 76.32-5-4
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
162170 162-170 Jefferson St Albany, NY 12210
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