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Multi family home for sale at 162-170 Jefferson St, Albany, NY 12210 | MLS# 202622723 | Listing updated on 2026-08-12
Photo 1 of Multi family home for sale at 162-170 Jefferson St, Albany, NY 12210 | MLS# 202622723 | Listing updated on 2026-08-12
Photo 2 of Multi family home for sale at 162-170 Jefferson St, Albany, NY 12210 | MLS# 202622723 | Listing updated on 2026-08-12
Photo 3 of Multi family home for sale at 162-170 Jefferson St, Albany, NY 12210 | MLS# 202622723 | Listing updated on 2026-08-12
Photo 4 of Multi family home for sale at 162-170 Jefferson St, Albany, NY 12210 | MLS# 202622723 | Listing updated on 2026-08-12
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$2,300,000

Monthly Est:$11,448

  • Beds Icon10 Beds
  • Beds Icon
    11 Baths
  • Beds Icon10,000sqft

162-170 Jefferson St, Albany, NY 12210

$11,448/moEst:

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  • Multi Family

  • Built in 1880

  • $-- HOA

  • 0.04 acre lot

  • $230/sq.ft

Description

(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

  • Houzeo last checked: 0 minutes ago
  • Listing updated: August 12, 2026 at 4:53 pm
  • Listing Provided by: John S DiBlasi (518) 857-1505 DRE #10491211230, Melissa DiBlasi (518) 269-9152 DRE #10401361465 | DiBlasi Real Estate (518) 857-1505
  • Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202622723 Greater Capital Association of Realtors (Global) MLS-NY

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Building
162-170 Jefferson St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Albany County

  • City

    Albany

  • Neighborhood

    Hudson Park

  • Year Built

    1880

  • HOA Fees

    -

  • Finished Area

    10,000 sqft

  • Lot Size

    0.04 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Greater Capital Association of Realtors (Global) MLS

  • MLS Number

    202622723

  • MLS Status

    Active

  • Days on Market

    73

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 10

    Bathrooms: 11

Interior

  • Window Features

    Wood Frames

  • Interior Features

    Paddle Fan, Wet Bar, Ceramic Tile Bath

  • Heating

    Baseboard, Hot Water, Wood, Natural Gas

  • Exterior Features

    None

  • Cooling

    None

  • Sewer

    Public Sewer

  • Flooring

    Wood, Ceramic Tile

Construction

  • Year Built

    Year Built: 1880

  • Home type

    Multi Family

  • Architectural Style

    Apartment 4 Plus Unit

  • Construction Materials

    Stone, Block, Stucco, Wood Siding

  • Roof

    Flat, Rubber, Built Up

Utilities & Energy

  • Electric

    100 Amp Service, 200+ Amp Service, Circuit Breakers

  • Basement

    Full, Unfinished

  • Water Source

    Public

  • Security Features

    Fire Sprinkler System

  • Fireplace Features

    Wood Burning

Other Features

  • Tenant Pays

    Cable Tv, Electricity, Gas

  • Lot Features

    Level, Road Frontage, Corner Lot

Price History

DateEventPrice

07/27/2026

Source: mls_logoGreater Capital Association of Realtors (Global) MLS-NY #202622721

Price Decreased

$2,300,000 -17.86%

$230/sqft

09/11/2024

Source: mls_logoGreater Capital Association of Realtors (Global) MLS-NY #202425162

Listed for Sale

$2,800,000 +5.66%

$280/sqft

09/11/2024

Source: mls_logoGreater Capital Association of Realtors (Global) MLS-NY #202425162

Off Market

$2,650,000

$265/sqft

Nearby Homes

Based on information from the Global Multiple Listing Service, Inc. through Oct 09, 2026, 05:30AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.

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