164 Jefferson Street
Description
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...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.
- Listed by John S DiBlasi • DiBlasi Real Estate
Property Details for 164 Jefferson Street
Property Details for 164 Jefferson Street
| Status | Active |
|---|---|
| MLS # | 202425162 |
| Days on Market | 107 |
| Taxes | $16,571 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial Sale / Mixed Use |
| Year Built | 1880 |
| Lot Size | 0.67 AC / 29,185 SF |
| County | Albany County |
Building Information for 164 Jefferson Street
Property Information for 164 Jefferson Street
- Postal City: Albany
- Directions: Dove St to East on Jefferson St.
- City: Albany
- State Or Province: NY
- Postal Code: 12210
- County Or Parish: Albany
- Latitude: 42.65
- Longitude: -73.77
- Association Fee: $.00
- Association: No
- Tax Lot: 3
- Tax Block: 76.3
- Parcel Number: 76.32-5-3
- Tax Tract: 5
- Tax Annual Amount: $16,571.00
- Attached Garage: No
- Parking Features: None
- School District: Albany
- High School: Albany
- Elementary School: Thomas S. O'Brien Academy
- Possession: Subject To Tenant Rights, At Closing
- Property Type: Commercial Sale
- Property Type Label: Commercial Sale
- Current Use: Apartment Plus, Mixed Use, Multi-Family, Tavern
- Lot Features: Road Frontage, Level, Corner Lot
- Year Built: 1880
- Lot Size Dimensions: 106 x 70
- New Construction: No
- Year Established: 1933
- Lot Size Acres: 0.67
- Lot Size Area: 0.67
- Lot Size Units: Acres
- Lot Size Square Feet: 7338.0
- Business Type: Bar/Tavern/Lounge
- Business Name: Palais Royale
- Building Area Total: 10000.0
- Living Area: 10000.0
- Possible Use : Apartment Plus: Yes
- Possible Use : Business: Yes
- Possible Use : Mixed Use: Yes
- Possible Use : Office: Yes
- Possible Use : Restaurant: Yes
- Possible Use : Tavern: Yes
- Possible Use : Tavern Plus: Yes
- Water Source: Public
- Security Features: Other, Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
- Patio And Porch Features: Enclosed, Patio
- Exterior Features: Lighting
- Interior Features: High Speed Internet, Paddle Fan, Tray Ceiling(s), Wet Bar, Wall Paneling, Other, Dry Bar
- Heating: Baseboard, Hot Water, Natural Gas, Wood Stove
- Roof: Rolled/Hot Mop, Rubber
- Flooring: Vinyl, Hardwood, Laminate
- Electric: 100 Amp Service, 200+ Amp Service
- Basement: Full, Unfinished
- Construction Materials: Brick, Stucco, Wood Siding
- Cooling: Wall Unit(s)
- Cooling: Yes
- Heating: Yes
- Stories: 2
- Building Detail : Fire Sprinkler System YN: Yes
- Building Detail : Fire Sprinkler Description: Kitchen System
- Building Detail : Elevator #: 0
- Building Detail : Railroad Siding YN: No
- Bathrooms Total Integer: 11
- Bathrooms Total Decimal: 11.00
- Bathrooms Total Notational: 11.00
- Land Lease: No
- Tenant Pays: Internet, Other, Cable TV, Gas
Property History for 164 Jefferson Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 164 Jefferson Street
Schools near 164 Jefferson Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Giffen Memorial Elementary School PublicPK to 5 | ||
Stephen And Harriet Myers Middle School Public6 to 12 | ||
Albany High School Public9 to 12 | ||
Thomas S O Brien Academy Of Science And Tech PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of DiBlasi Real Estate
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