164 Jefferson ST Active Save Request In-Person Tour Request Virtual Tour
Albany,NY 12210
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202401004
Year Built 1880
Annual Tax Amount $16,571
Lot Size 7,210 Sqft
Property Description
Seize this rare opportunity to own 4 adjoining buildings. 7 apartments and 2 commercial spaces including ''Albany's Oldest Liquor License'' 'The Palais Royale. Scenes of the movie The Good Mother (2023) with Hillary Swank were shot here. The bar generates a solid income as do the apartments when fully rented. Included are the bar, liquor license and all supplies + 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 owner's unit. This large unit features hardwoods, private bar and high ceilings.
Location
State NY
County Albany
Interior
Heating Baseboard,Wood Stove,Natural Gas,Hot Water
Cooling Wall Unit(s)
Exterior
Parking Features On Street
View Y/N No
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No