




201 Park Ave, Albany, NY, 12202
--beds
0baths
65,000sqft
$8,750,000
$135price/sqft
$73,549/moest. monthly cost
$2,941,960/yrincome needed
About This Home
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.
Getting Around
85
60
34
Schools
1/10
3/10
4/10
Construction
Condition
- Year built: 1880
Materials
- Construction materials: Masonry - Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Features
- Finished area above ground: 65,000
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 65,000
- Total interior livable area: 65,000 sqft
Property
Details
- Lease amount: 0
Features
- Frontage length: 0
Lot
- Lot size: 1.96 Acres
