162-170 Jefferson Street, Albany, NY 12210

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Property Description

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. 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.

162-170 Jefferson Street | MLS# 202622721

This commercial property located at 162-170 Jefferson Street, Albany, NY 12210 is currently listed for sale with an asking price of $2,300,000. 162-170 Jefferson Street is located within the Albany school district. Search Albany real estate on jodie-decosty.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Investment

Basement: Full, Interior Entry, Unfinished

Basement: Yes

Cooling: Wall Unit(s)

Heating: Hot Water, Natural Gas

Home Style: Traditional

Lot Size: 0.03 Acres

Roof Type: Flat, Rubber, Built-Up

Stories: 2.0

Taxes: $22,668

Year Built: 1880

Feature Descriptions

Current Use: Apartment Plus, Multi-Family, Restaurant, Tavern Plus

Days on Site: 3

Exterior: Lighting

Exterior: Other, Stucco, Wood Siding

Flooring: Other, Wood

Lot: Corner Lot

Lot Dimensions: 106 X 70

Parcel #: 010100 76.32-5-4

Parking: On Street

Parking Total: 0

Patio/Porch: Patio

Security: Smoke Detector(s), Carbon Monoxide Detector(s)

Sewer: Public Sewer

SQFT Building Total: 10000

Water: Public

Local Schools

High School: Albany

Elementary School: Thomas S. O'Brien Academy

School District: Albany

Demographics

Listed By / Shown By

Listing By

Agency Name: DiBlasi Real Estate
Agency Phone: 1 518-857-1505

Shown By

Agent Name: Jodie M. DeCosty
Agent Phone: (315) 723-8554 Primary
Agency Title: Coldwell Banker Prime Properties

162-170 Jefferson Street, Albany, NY 12210

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Jodie M. DeCosty Licensed Associate Real Estate Broker Office: (315) 723-8554 Cell: (315) 723-8554 Fax: (315) 768-1685 Office: (315) 768-1680 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/31/2026. The listing information on this page last changed on 07/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/31/2026 1:49:30 AM EST) or Global MLS (last updated Fri 07/31/2026 1:22:29 AM EST) or New York State Alliance MLS (last updated Fri 07/31/2026 1:47:04 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 07/31/2026 12:11:23 AM EST) or Berkshire MLS (last updated Thu 07/30/2026 8:13:22 PM EST) or OneKey MLS (last updated Fri 07/31/2026 1:45:37 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

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Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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162-170 Jefferson Street, Albany, NY 12210

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Property Description

162-170 Jefferson Street | MLS# 202622721

Gallery

Property Features

Feature Descriptions

Local Schools

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162-170 Jefferson Street, Albany, NY 12210

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162-170 Jefferson Street, Albany, NY 12210

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