162-170 Jefferson Street, NY 12210

$2,300,000
3
BD
11
BA
10,000
SqFt

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List Price
$2,300,000
MLS#
202622723
Style
Apartment 4 Plus Unit
Bedrooms
3
Bathrooms
11
Half-bathrooms
3
Subdivision
Select One

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. Steps from state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history included.

Additional Information

Taxes
$22,688
Acres
0.04
Lot Dimensions
7338
Lot Description
Corner Lot, Level, Road Frontage
School District
Albany
Interior Features
Ceramic Tile Bath, Paddle Fan, Wet Bar
Heating
Baseboard, Hot Water, Wood
Cooling
None
Exterior Features
None
Construction
Block, Stone, Wood Siding, Stucco
Roof
Built-Up, Rubber, Flat
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of listing agent John S DiBlasi with DiBlasi Real Estate Brokerage, 518-857-1505.

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