40 Eagle Street, Albany, NY 12207 (MLS # 202627661)

Own your downtowns largest cigar lounge Three floors. A prime downtown location. A turnkey business for $50,000. Across from the Albany Capital Center and Renaissance Albany Hotel, this three-floor cigar lounge puts you steps from conventions, concerts and downtown nightlife, and just a few blocks from the New York State Legislature. Step inside and you'll find plush lounge chairs, décor inspired by old Albany politics, and a wooden humidor that gives the space its unmistakable character. Two entrances and a location next to a popular bar add to its appeal. The owner invested more than $300,000 in the business and wants it to continue as a cigar lounge. With other interests now taking priority, the owner is offering the business turnkey for $50,000, with rent of $3,000 per month. The operation does not require a large staff. If you love cigars and have dreamed of owning a lounge where Albany's visitors and regulars can settle in, talk politics and enjoy a good smoke, this is your opportunity.

Last Updated	10/6/2026	Year Built	1890
County	Albany

SCHOOLS

High School	Albany

Additional Details

AIR	None
BASEMENT	Full, Yes
CONSTRUCTION	Brick
HEAT	Hot Water
LOT	1307 sq ft
LOT DIMENSIONS	0.03
SEWER	Public Sewer
TAXES	8198
UTILITIES	Sewer Connected
WATER	Public

Location

 

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