Active
164 Jefferson Street
Albany NY, 12210
$2,925,000
$292.50 per sqft
Active
11 Baths
10,000 sqft
Commercial
Built in 1880
164-168 Jefferson St 4 adjoining buildings. 7 apartments and 2 commercial spaces including '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.
202425162
MLSⓇ ID
September 11, 2024
Listed
October 14, 2024
Updated
Map
164 Jefferson Street
Albany NY, 12210
Interior Features
Total Stories
2
Total Bathrooms
11
Interior Features
High Speed Internet, Paddle Fan, Tray Ceiling(s), Wet Bar, Wall Paneling, Other, Dry Bar
Floor Description
Vinyl, Hardwood, Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Baseboard, Hot Water, Natural Gas, Wood Stove
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Lighting
Lot Features
Road Frontage, Level, Corner Lot
Architectual Style
Commercial
Roof
Rolled/Hot Mop, Rubber
Sewer
Public Sewer
School Information
School District
Albany
High School
Albany
Elementary School
Thomas S. O'Brien Academy
Other Property Details
Taxes
$16,571
Tax Frequency
Annually
Days on Market
16
Garage
No
Parking
None
Parking Total
0
View
No
County
Albany
Water Source
Public
Pool
No
Zoning
Commercial
Listed by John S DiBlasi with DiBlasi Real Estate
Listing Contact: 518-857-1505
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Data last updated on 10/14/2024 at 8:13 PM UTC