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162-170 Jefferson Street, Albany, NY 12210, Albany

162-170 Jefferson Street, Albany, NY 12210,
$ 2,925,000
11 Baths
10,000 ft2

Description

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.

MLSⓇ ID

Property Year

Structure Type

Features and Amenities

Other Features
Dry Bar
Has Cooling System
Has Heating System
High Speed Internet
Lighting
Other
Paddle Fan
Tray Ceiling(s)
Wall Paneling
Wet Bar

Property Map

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Contact Me

Call 770-540-2939 WhatsApp

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Lauren McGuire

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