201 Park Avenue, Albany, NY 12202, Albany

$ 8,750,000

Overview

  • Updated On:
  • July 23, 2026
  • 64,934 ft2
  • Property Size

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.

Address: 201 Park Avenue, Albany, NY 12202
City:
State/County:
Zip: 12202
Country: United States

Property Id: 735793
Price: $ 8,750,000
Property Size: 64,934 ft2
Property Lot Size: 2 ft2
Listing Agent Email: RyanPEdson@gmail.com
Listing Agent: Ryan Edson
Listing Agent Phone: 518-728-1511
Listing Office: Realty One Group Key

Other Features
Built-in Features
Has Cooling System
Has Heating System

$ 44,862.98
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 33,925.48

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Colin McDonald

Broker Owner

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Colin McDonald