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$ 2,800,000
Est. payment /mo
Price Dropped by $125K
162-170 Jefferson ST Albany, NY 12210
7,210 Sqft Lot
UPDATED:
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 Sub-Type Mixed Use
Property Description
Seize this rare opportunity to own 4 adjoining buildings. 7 apartments and 2 commercial spaces including ''Albany's Best Dive Bar'' 'The Palais Royale'. The bar generates an income <250,000 The 7 apartments when fully rented rent for 1000-1200.. Apt #8 in large and could rent for 1500-2000.Included are all FFE, The business and the liquor license162 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 ceiling.
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
Listed by DiBlasi Real Estate
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