164 Jefferson Street Active Save Request In-Person Tour Request Virtual Tour
Albany,NY 12210
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $292
MLS Listing ID 202425162
Year Built 1880
Annual Tax Amount $16,571
Lot Size 7,338 Sqft
Property Description
164-168 Jefferson St 4 adjoining buildings. 7 apartments and 2 commercial spaces including '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.
Location
State NY
County Albany
Zoning Commercial
Interior
Heating Baseboard,Hot Water,Natural Gas,Wood Stove
Flooring Vinyl,Hardwood,Laminate
Inclusions Business & Building, Building & Land
Exterior
Exterior Feature Lighting
Garage None
Waterfront No
Roof Type Rolled/Hot Mop,Rubber
Building
Lot Description Road Frontage,Level,Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Albany
Others
Special Listing Condition Standard