164 Jefferson Street Albany, NY 12210
Mixed Use
MLS #: 202425162
Courtesy Of DiBlasi Real Estate
Property InformationDescription
162-170 Jefferson St 4 adjoining buildings. 8 apartments and 'The Palais Royale' Bar. 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.
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.
Features
- Age: Over 50 Years Old
- Amenities: Wet Bar
- Amenities: Dock
- Amenities: Patio
- Architecture Style: Other
- Cooling System: Wall Unit(s) A/C
- Exterior Type: Stucco
- Exterior Type: Wood Siding
- Exterior Type: Brick
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Hardwood
- Floors: 2
- Heating System: Baseboard
- Heating System: Hot Water
- Heating System: Stove
- MLSID: 202425162
- Roof Type: Rolled/Hot Mop
- Roof Type: Rubber
MAP & DIRECTIONS
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