162-170 Jefferson Street, Albany, NY 12210
Mixed use
THB ฿99,459,100
USD $2,925,000
Published on: 11 Sep 2024
Last updated on: 06 Feb 2025
Property ID: 110094469227
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Commercial, Mixed Use - Albany, NY
162-170 Jefferson Street, Albany, NY 12210
162-170 Jefferson St 4 adjoining buildings. 8 apartments and 'The Palais Royale' Bar. 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.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Mixed use
Listing Status
Active
Land Size
2,711.40 m2
Building Size
929.03 m2
Year Built
1880
Architecture Style
Other
Num Floors
2
County
Albany
Parcel ID
76.32-5-3
Provider
Global MLS, Inc.
Brokerage Office Name
DiBlasi Real Estate
Brokerage Office Phone
(518) 857-1505
Address
162-170 Jefferson Street, Albany, NY 12210
Nearby Schools
| Type | School name | District name |
|---|---|---|
| High | Albany | Not available |
| Not available | Not available | Not available |
| Elementary | Thomas S. O'Brien Academy | Not available |
| Not available | Not available | Not available |
Contact Agent
John DiBlasi
Contact Agent
Contact Agent
Email enquiry to DiBlasi Real Estate
John DiBlasi
1055 Western Ave, Albany, NY 12203
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Property ID: 110094469227
Data provided by Global MLS, Inc., MLS #: 202425162
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