Active

$2,300,000

162-170 Jefferson Street, Albany, NY 12210

3beds

10,000sqft

Multi Family, Apartment

Built in 1880

-- sqft lot

$-- Zestimate^®

$230/sqft

$-- HOA

What's special

Private barHigh ceilings

Rare mixed-use investment 1 block from Empire State Plaza! 4 adjoining buildings (162-170 Jefferson St) = 8 apartments + The Palais Royale Bar & Grill, a well-known neighborhood institution. Sale includes bar, liquor license & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR. 168: 3 units -- 2 upstairs apts (3BR total) + standout 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? Ideal for investors, owner-operators, or developers. Steps from state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history included.

2 days

148

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 11
Full bathrooms: 8
1/2 bathrooms: 3

Heating

Baseboard, Hot Water, Wood, Natural Gas

Cooling

None

Features

Ceiling Fan(s), Wet Bar, Ceramic Tile Bath
Flooring: Wood, Ceramic Tile
Windows: Wood Frames
Basement: Full,Unfinished
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 10,000
Total interior livable area: 10,000 sqft
Finished area above ground: 10,000
Finished area below ground: 0

Property

Features

Exterior features: None
Fencing: Wood,Back Yard

Lot

Size: 1,742 Square Feet
Features: Level, Road Frontage, Corner Lot

Details

Additional structures: None
Parcel number: 010100 76.3254
Zoning description: Commercial
Special conditions: Standard
Other equipment: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment
Attached to another structure: Yes

Materials

Stone, Block, Stucco, Wood Siding
Roof: Flat,Rubber,Built-Up

Condition

Year built: 1880

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Fire Sprinkler System

HOA

Has HOA: No

Location

Region: Albany

Financial & listing details

Price per square foot: $230/sqft
Annual tax amount: $22,688
Date on market: 7/28/2026
Tenant pays: Cable TV, Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/28/2026	Listed for sale	$2,300,000$230/sqft
Source: Global MLS #202622723 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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