Improved Commercial Land for Sale in Albany, New York

164 Jefferson St Albany, NY 12210

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0.67 Acres of Improved Commercial Land for Sale in Albany, New York
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$2,925,000
0.67 acres
Active sale agoEst $16,636/mo

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.

10,000
Sq feet
1880
Built

Directions

Dove St to East on Jefferson St.

Location

Street Address
164 Jefferson St
County
Albany County
School District
Albany
Elevation
194 feet
Coordinates
42.6505, -73.7658
Land for sale in New York

Property details

Zoning
Commercial
MLS Number
CRMLS 202425162
Date Posted

Property taxes

Recent
$16,571

Parcels

  • 76.32-5-3

This 0.67-acre property is located at 164 Jefferson St in Albany, NY 12210 with latitude 42.6505 and longitude -73.7658. The property is currently available for sale for $2,925,000. It has a 10,000 sq ft structure built in 1880. Listing data is sourced from Global MLS # 202425162.

Verify sale details at the property source or contact DiBlasi Real Estate at (518) 857-1505.

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Copyright (C) 2024 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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