Active
164 Jefferson Street
Albany NY, 12210
$2,925,000
$292.50 per sqft
Active
11 Baths
10,000 sqft
Commercial
Built in 1880
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.
202425162
MLSⓇ ID
September 11, 2024
Listed
November 30, 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
81
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
The IDX display contains information sourced from Global MLS as of 11/30/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Global MLS all rights reserved.
Data last updated on 11/30/2024 at 4:48 PM UTC