$2,300,000

162-170 Jefferson Street, Albany NY, 12210

Price per sqft$230.00

Built in1880

Property size10,000 sqft

Property typeCommercial

Overview

Active

Listed Jul 27, 2026

Updated Aug 13

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 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. 168: 3 units -- 2 upstairs apts (3BR total) + open 1,860 SF 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? Ideal for investors, owner-operators, or developers. Near to state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

Additional information

MLS^® ID: 202622721

Interior Features

Bathrooms: 11
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $22,668
Tax Frequency: Annually

Listed by John S DiBlasi with DiBlasi Real Estate
Listing Contact: 518-857-1505

The IDX display contains information sourced from Global MLS as of 8/13/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/13/2026 at 5:08 AM UTC