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About the Listing o1969A - 7102
Attention Investors: Get your cash flow here. Purchase a famous tavern, the building it's in, and 3 additional adjoining rental properties containing 8 apartments. You can be the next owner of the well known neighborhood staple the 'Palais Royale' Bar and Grill. Included are the bar, the liquor license, ATM, dartboard, pool table, wall mounted jukebox, TV's and all FFE. Full kitchen with halon fire suppression system. 162 Jefferson St (2 units, 2BR/1BR) 164 Jefferson St is the Palais Royale Bar and Grill with an apartment upstairs (1BR). 166 Jefferson St (2 units,2BR /2BR) 168 Jefferson St (3 units) has 2 apartments upstairs (2BR/1BR) and a 1,860 ft unit commercial space on the first floor which is currently the owners living unit. This large unit features hardwoods, a private bar and high ceilings. MTM tenants All 4 buildings are zoned R2C Over six figures in potential rents plus the income from the Palais Royale makes this 4 building package with a turnkey successful business a great investment.
Listing Highlights for 162168 162-168 Jeffferson St
Interior Details
- Bedrooms: 12
- Bathrooms: 8 Full / 2 Half
- Appliances: Other
- Air Cond:
- Heating: Baseboard,Hot Water,Zoned,Natural Gas
- Fireplaces:
- Floor: Hardwood,Laminate
- Above Ground Sq Ft: 10000
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished
- Other: Paddle Fan,Wet Bar
- Water: Public
Exterior Details
- Lot Description: Level,Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 106 x 70
- Zoning: Commercial
- Roof: Flat,Rubber
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $16,571
- Taxes w/Assessments: N/A
- Tax/Property ID: 76.32-5-3
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
162168 162-168 Jeffferson St Albany, NY 12210
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