201 Park Avenue, Albany, NY 12202
201 Park Avenue, Albany, NY 12202
201 Park Avenue, Albany, NY 12202
201 Park Avenue, Albany, NY 12202
201 Park Avenue, Albany, NY 12202
201 Park Avenue, Albany, NY 12202
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Listed by Ryan Edson • Realty One Group Key
$ 8,750,000
Est. payment | /mo

64,934 SqFt

Save
$ 8,750,000
Est. payment | /mo
Save

64,934 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 64,934 sqft

Price per Sqft $134

MLS Listing ID 202622274

Year Built 1880

Annual Tax Amount $104,210

Lot Size 1.959 Acres

Acres 1.96

Lot Dimensions 327x261

Property Sub-Type Multi Family

Source Global MLS

Property Description

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.

Location

State NY

County Albany

Zoning Commercial

Direction Take Exit 3B to Madison then turn onto Park Avenue.

Interior

Interior Features Built-in Features

Heating Electric, Heat Pump

Exterior

Parking Features Metered, Off Street

Building

Sewer Public Sewer

Water Public

Architectural Style Commercial

New Construction No

Others

Tax ID 010100 76.39-3-13

Nearby Locations

Kyla Zeilman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(518) 301-8314

kylaz8314@gmail.com

634 Plank Rd Suite 105, Clifton Park , New York 12065, USA

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201 Park Avenue