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40 Eagle StreetAlbany, NY 12207Inquire For Price

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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1List Price
  • 0.03Acreage
  • 2,936Square Feet
Listed by Teresa R Gitto of Realty One Group Key
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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, dcor 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.

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 "Based on information submitted to Global MLS as of October 7, 2026 6:43 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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