162-170 Jefferson Street, Albany, NY 12210

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3 Beds 8 Baths 3 Partial Bath 10,000 Sq Ft 0.04 Acres

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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/4BR. 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.

162-170 Jefferson Street | MLS# 202622723

This multi-family 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 kirsten-blanchard.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full, Unfinished

Cooling: None

Heating: Baseboard, Hot Water, Wood, Natural Gas

Home Style: Apartment 4 Plus Unit

Lot Size: 0.04 Acres

Roof Type: Flat, Rubber, Built-Up

Taxes: $22,688

Year Built: 1880

Feature Descriptions

Equipment: None

Exterior: None

Exterior: Stone, Block, Stucco, Wood Siding

Fencing: Wood, Back Yard

Fireplace: Wood Burning

Flooring: Wood, Ceramic Tile

Interior: Paddle Fan, Wet Bar, Ceramic Tile Bath

Lot: Level, Road Frontage, Corner Lot

Lot Dimensions: 7338

Parcel #: 010100 76.32-5-4

Parking Total: 0

Security: Fire Sprinkler System

Sewer: Public Sewer

SQFT Above Grade Finished: 10000

Structures: None

Water: Public

Windows: Wood Frames

Local Schools

High School: Albany

Elementary School: Thomas S. O'Brien Academy

School District: Albany

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Estimated Payment

$ 7,680.30 per month $5,118.80 Principal & Interest $1,890.67 Property Tax $670.83 Homeowner's Insurance

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Listed By / Shown By

Listing By

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

Shown By

Agent Name: Kirsten Blanchard
Agent Phone: (518) 701-9836 Cell
Agency Title: Coldwell Banker Prime Properties

162-170 Jefferson Street, Albany, NY 12210

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Kirsten Blanchard Licensed Associate Real Estate Broker & Branch Manager Office: (518) 439-9600 Cell: (518) 701-9836 Email: kirsten.blanchard@coldwellbankerprime.com

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 07/27/2026. The listing information on this page last changed on 07/27/2026. 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 Mon 07/27/2026 7:44:50 PM EST) or Global MLS (last updated Mon 07/27/2026 7:37:50 PM EST) or New York State Alliance MLS (last updated Mon 07/27/2026 7:39:09 PM EST) or Hudson Valley Catskill Region MLS (last updated Mon 07/27/2026 7:41:49 PM EST) or Berkshire MLS (last updated Mon 07/27/2026 6:14:23 PM EST) or OneKey MLS (last updated Mon 07/27/2026 7:41:47 PM 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# 202622723

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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