Rare mixed-use investment 1 block from Empire State Plaza! 4 adjoining buildings (162-170 Jefferson St) = 8 apartments + The Palais Royale Bar & Grill, a well-known neighborhood institution. Sale includes bar, liquor license & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR. 168: 3 units -- 2 upstairs apts (3BR total) + standout 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? Ideal for investors, owner-operators, or developers. Steps from state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history included.

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Features

Square Feet: 10,000

Town: Albany

Bedrooms: 3

Full Bathrooms: 8

Estimated Taxes: $22,688

Water: Public

Sewer: Public Sewer

Heat: Baseboard, Hot Water, Wood, Natural Gas

Garage: 0

Property Style: Apartment 4 Plus Unit

Exterior: Stone, Block, Stucco, Wood Siding

Exterior Features: None

Cooling: None

Parking Spaces: 0

Zoning: Commercial

162-170 Jefferson Street

$2,300,000

Features

Location