$8,490,000

201 Park Ave, Albany NY, 12202

Price per sqft$130.62

Built in1880

Property size65,000 sqft

Property typeCommercial

Overview

Active

Updated 17h ago

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.

Other Property Details

Taxes: $104,210
Tax Frequency: Annually

Courtesy of REALTY ONE GROUP KEY with ,
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