Sharon FronkRealtor® · Howard Hanna
LoadingAlbany, NY 12210 · Albany County
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/4BR. 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. Near to state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.
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Albany is in Albany County, NY. There are currently 230 active listings here, ranging from $15,600 to $8,750,000. Listings in this address fall under the Albany school district.
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DiBlasi Real Estate · Listed by John S DiBlasi (7102)
Contact: 518-857-1505
MLS #202622721 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Licensed Real Estate Salesperson · Howard Hanna
★ 5.0 from verified clients · 200+ homes sold · 14+ years
Typically responds within 2 hours
Activity across 2 MLS listings of this property.
Real numbers from current MLS data. Not a third-party estimate.
