Residence photography unavailable
01 / 07
For Sale

40 Eagle St

Albany, NY 12207

$3K
2,936 sf · Built 1890
The residence

Own your Downtown Albany's largest cigar lounge! 3 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.

At a glance
Property type
Status
Active
Year built
1890
Living area
2,936 sf
MLS#
12016128
Beds · Baths
0 · 0
Location

Albany, NY.

Albany, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$15/mo
Approximate · principal & interest only
Display Currency
$3K

Indicative conversion — settlement always in USD.

Private Showing

Arrange a viewing.

A senior advisor will reply personally to coordinate access at a time that suits you. All inquiries are held in confidence.

Submitted in confidence to the listing advisor. By submitting, you consent to be contacted by SZ INC. Realty at the number and email provided, including by call and text; message and data rates may apply, and consent is not a condition of any purchase or lease. See our Privacy Policy.

Listing courtesy of REALTY ONE GROUP KEY · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Oct 6, 2026

Fair Housing