201 Park Ave, Albany, NY 12202
New

$8,750,000
Active for Sale
 
Listing ID 11896413
Property Type Multi-Unit (5+)
Commercial Type MULTIFAMILY
County Albany
Township Albany
Neighborhood Capitol Hill
Total Tax $104,210
FEMA Flood Map fema.gov/portal
Year Built 1880
   
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46 renovated units for sale Albany NY

A rare opportunity to acquire a fully renovated, stabilized 46-unit multifamily investment housed within one of Albany's most distinctive historic buildings. Originally constructed as the iconic Hinckel Brewery, this landmark property has been thoughtfully transformed into a modern apartment community while preserving its unique architectural character. Completed renovations in 2023 have positioned the asset as a turnkey investment featuring updated kitchens and baths, stainless steel appliances, in-unit washer and dryers, new flooring, modern lighting, and contemporary finishes throughout. The property offers an attractive mix of one-, two-, and three-bedroom apartments with distinctive layouts that appeal to a broad tenant base.
Property Details
  • 65000 SF (AG)
  • 65000 SF (Total)
  • 1.96 Acres
  • Built in 1880
Unit Information
Unit #1 – Occupied, Unit Count: 46
Exterior Features
  • Masonry - Brick Construction
Commercial Info
  • Hinckel Brewery Apartments (Business Name)
Taxes and Fees
  • $104,210 Total Tax
Listed By
REALTY ONE GROUP KEY
Mobile: 518-649-7505
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