40 Eagle Street Albany, NY $ 1
40 Eagle Street
$ 1
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40 Eagle Street

Albany, NY, 12207
$ 1
Bedrooms-- Baths-- Sq 2,936
40 Eagle Street, Albany, NY 12207 - Image 1
40 Eagle Street, Albany, NY 12207 - Image 2
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40 Eagle Street, Albany, NY 12207 - Image 6
40 Eagle Street, Albany, NY 12207 - Image 7

Property for Rent in Albany, NY

for $1. This 2,936 square foot property was built in 1890 on a lot size of 0.03.

Own your downtowns largest cigar lounge Three floors. A prime downtown location. A turnkey business for $50,000. Across from the Albany Capital Center and Renaissance Albany Hotel, this three-floor cigar lounge puts you steps from conventions, concerts and downtown nightlife, and just a few blocks from the New York State Legislature. Step inside and you'll find plush lounge chairs, décor inspired by old Albany politics, and a wooden humidor that gives the space its unmistakable character. Two entrances and a location next to a popular bar add to its appeal. The owner invested more than $300,000 in the business and wants it to continue as a cigar lounge. With other interests now taking priority, the owner is offering the business turnkey for $50,000, with rent of $3,000 per month. The operation does not require a large staff. If you love cigars and have dreamed of owning a lounge where Albany's visitors and regulars can settle in, talk politics and enjoy a good smoke, this is your opportunity.

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Rental Active

Price

$ 1

Taxes

$ 8,198

Style

Business

Lot Size

0.03

Year Built

1890

Town/City

Albany

County/Region

Albany

MLS | Web ID

202627661

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling None
Construction Materials Brick
Year Built 1890
Tenant Pays Internet Hot Water Cable TV Electricity
Property Subtype Business
Current Use Business
County Albany
New Construction false
Property Type Commercial Lease
HOA false
Possible Use Business Retail
Rent Includes Building Only Business & Building
Status Active
Directions State St to Eagle St
High School Albany
City Albany
High School District Albany
Lot Size Units Acres
Lot Size Square Feet 1173
Carport Y/N N
Land Lease Y/N false
Tax Annual Amount 8198
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 5.000
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Interior
Basement Full
Basement (Y/N) N
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 0.03
Number of Buildings 1
Spa N
Building Area Total 2936
Lot Size Acres 0.03
Waterfront Y/N false
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Teresa R Gitto

Listing Agent

Realty One Group Key

Broker

(518) 225-3689

Phone

agitto3@gmail.com

Email

Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$1 Listed Price

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40 Eagle Street, Albany, NY, 12207 is a Property for Rent at $1 with 2,936 sqft and a lot size of 0.03. 40 Eagle Street was built in 1890. The property's zip code is 12207 which is in Albany, NY