Albany, New York, United States 1 - 18528230
Albany, New York, United States 2 - 18528230 Albany, New York, United States 3 - 18528230
Albany, New York, United States 4 - 18528230 Albany, New York, United States 5 - 18528230
$2,300,000

Multi Family In Albany

  • 10 Beds
  • 11 Baths
  • 10,000 Sqft
  • 1,743 Sqft lot
  • Updated: August 13
  • Source:
    Global MLS  MLS#202622723

About the Property

(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an
(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner’s residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don’t miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.
…

  • Property type

    Other

  • Year built

    1880

  • Price/sqft

    $230

Features

  • Bar
  • Basement

Explore the Area

162-170 Jefferson Street, Albany, New York, United States View on Google Maps
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DiBlasi Real Estate - Albany

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DiBlasi Real Estate - Albany
New York, United States
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2026
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DiBlasi Real Estate - Albany
Albany, New York, United States
View agency profile
Last updated
August 13
First listed
July 28
Listing reference
202622723
Listing status

© 2026 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. Copyright © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.

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