162-168 Jefferson Street

Albany, NY 12210
Square Ft.
10,000
$2,800,000
Attention Investors: Get your cash flow here. Purchase a famous tavern, the building it's in, and 3 additional adjoining rental properties containing 8 apartments. You can be the next owner of the well known neighborhood staple the 'Palais Royale' Bar and Grill. Included are the bar, the liquor license, ATM,Read MoreRead Less
Courtesy of John S DiBlasi (518-857-1505), DiBlasi Real Estate.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Business
Square Ft.
10,000
Lot Size
0.23 Acres
Year Built
1898
MLS Number
202528996
Property Location Map
Additional Details
Basement
Basement: "Full", "Unfinished"
Building
Architectural Style: "Multiple Dwelling Unit", Building Area Total: 10,000, Construction Materials: "Fiber Cement", "Wood Siding", Living Area: 10,000, Number Of Buildings: 4, Year Built: 1898, 2 stories
Cooling
Cooling Included, Cooling: "Wall Unit(s)"
Exterior Features
Features: "Other", Other Equipment: "Other", Patio And Porch Features: "Patio", Patio And Porch Features: "Patio"
Floors
Flooring: "Tile", "Hardwood", "Laminate"
Heating
Heating: "Baseboard", "Hot Water", "Zoned", "Natural Gas", Heating Included
Interior Features
Features: "Other", "Paddle Fan", "Wet Bar"
Lot
Features: "Road Frontage", "Level", "Corner Lot", 0.67 acres, Area: 0.67, Dimensions: 106 x 70, 10,000 square feet
Parking
Features: "Public Parking"
Property
Business Type: "Bar/Tavern/Lounge", Current Use: "Mixed Use", "Multi-Family", "Tavern", "Tavern Plus", Parcel Number: 76.32-5-3, Possible Use: "Apartment Plus", "Business", "Restaurant", "Tavern Plus", "Multi-Family", Property Sub Type: Business, Zoning: Commercial
Roof
Roof: "Flat", "Rubber"
Security Features
Features: "Fire Sprinkler System", "Security Lights", "Smoke Detector(s)", "Carbon Monoxide Detector(s)", "Fire Alarm"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $16,571, Tax Lot: 3
Tenant Pays
Tenant Pays: "Heat", "Cable TV", "Electricity"
Utilities
Electric: "100 Amp Service", "200+ Amp Service", Water Source: "Public"
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