- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
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$2,300,000
Monthly Est:$11,448
10 Beds
- 11 Baths
8 full baths + 3 half baths
10,000sqft
162-170 Jefferson St, Albany, NY 12210
$2,300,000
$11,448/moEst:
Get Pre-Approved
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

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
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
| Date | Event | Price |
|---|---|---|
07/27/2026 Source: | Price Decreased | $2,300,000 -17.86% $230/sqft |
09/11/2024 Source: | Listed for Sale | $2,800,000 +5.66% $280/sqft |
09/11/2024 Source: | Off Market | $2,650,000 $265/sqft |
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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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