REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Listed by Ryan Edson • Realty One Group Key

$ 8,490,000

Est. payment -/mo

Save

Active

201 Park Avenue Albany, NY 12202

64,934 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 64,934 sqft

Price per Sqft $130

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

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

GET MORE INFORMATION

Name

Phone*

Email*

Message

By checking this box, I agree to the Electronic Disclosure Consent Agreement be contacted by Empire Real Estate Firm via
call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary.

TERMS AND CONDITIONS [Terms of Service]

1. We use SMS to confirm appointments, send reminders, and notify clients of schedule updates or important changes. 2. You can cancel the SMS service at any time. Just text "STOP". After you send the SMS message "STOP" to us, we will send you an SMS message to confirm that you have been unsubscribed.
After this, you will no longer receive SMS messages from us. If you want to join again, just sign up as you did the first time, and we
will start sending SMS messages to you again. 3. If you are experiencing issues with the messaging program, you can reply with the keyword “HELP” for more assistance, or you can get help directly at admin@empirerealestatefirm.com. 4. Carriers are not liable for delayed or undelivered messages. 5. As always, message and data rates may apply for any messages sent to you from us and to us from you. Message frequency may vary. If you have any questions about your text plan or data plan, it is best to contact your wireless provider. 6. If you have any questions regarding privacy, please read our privacy policy:
Privacy Policy