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162-170 Jefferson Street Albany, NY $ 2,300,000
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$ 2,300,000 Get more info
162-170 Jefferson Street
$ 2,300,000
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162-170 Jefferson Street

Albany, NY, 12210
$ 2,300,000
Bedrooms3 Baths8.3 Sq 10,000

Monthly Estimate*

$ 14,522

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Multi-Family Home for sale in Albany, NY

for $2,300,000 with 3 bedrooms and 8 full baths, 3 half baths. This 10,000 square foot home was built in 1880 on a lot size of 0.04.

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.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

3

Full Bath

8

Half Bath

3

Property Type

Multi-Family

Taxes

$ 22,688

Style

Apartment 4 Plus Unit

Lot Size

0.04

Year Built

1880

Town/City

Albany

County/Region

Albany

MLS | Web ID

202622723
Features
Interior
Interior Amenities Paddle Fan Wet Bar Ceramic Tile Bath
Basement Full Unfinished
Flooring Wood Ceramic Tile
Fireplace Features Wood Burning
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features Wood Frames
Fireplace Y/N Y
Above Grade Finished Area 10000.0
Half Baths 3
Total Bedrooms 3
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 11
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General
Sewer Public Sewer
Heating Baseboard Hot Water Wood Natural Gas
Cooling None
Possession At Closing
Roof Flat Rubber Built-Up
Zoning Commercial
Garage Spaces 0.0
Architectural Style Apartment 4 Plus Unit
Security Features Fire Sprinkler System
Construction Materials Stone Block Stucco Wood Siding
Year Built 1880
Electric 100 Amp Service 200+ Amp Service Circuit Breakers
Tenant Pays Cable TV Electricity Gas
Property Subtype Multi Family
County Albany
New Construction N
Property Type MultiFamily
HOA N
Other Structures None
Full Baths 8
Status Active
Directions Corner of Dove and Jefferson Street
High School Albany
City Albany
High School District Albany
Number Of Units Total 8
Lot Size Units Acres
Lot Size Square Feet 1742.4
Carport Y/N N
Elementary School Thomas S. O'Brien Academy
Land Lease Y/N N
Tax Annual Amount 22688.0
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 4.000
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Exterior
Exterior Amenities None
Fencing Wood Back Yard
Lot Features Level Road Frontage Corner Lot
Water Source Public
Total Parking 0.0
Lot Size Area 0.04
Spa N
Lot Dimensions 7338
Lot Size Acres 0.04
Waterfront Y/N N
Other Equipment None
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 162170
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* Excluded Features
List By
John DiBlasi

Listing Agent

Diblasi Real Estate

Broker

(518) 857-1505

Phone

johndiblasi1969@gmail.com

Email

Affordability Calculator

$16,413
Per Month
88%
12%
0%
Monthly Principal & Interest
$14,522
Monthly Property Taxes
$1,891
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5527699 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2026$2,300,000 Listed Price

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162-170 Jefferson Street, Albany, NY, 12210 is a Multi-Family Home for sale at $2,300,000 with 10,000 sqft and a lot size of 0.04. 162-170 Jefferson Street has 3 bedrooms, 8.3 baths, and was built in 1880. The property's zip code is 12210 which is in Albany, NY

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