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...164-168 Jefferson St 4 adjoining buildings. 7 apartments and 2 commercial spaces including 'The Palais Royale'. 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 | 64 |
| 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
- Documents Available: LNF
- 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 |
|---|
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.
Similar Homes
Similar Sold Homes
Homes for Sale near Hudson Park
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of DiBlasi Real Estate
©2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
