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Improved Mixed-Use Land for Sale in Albany, New York

201 Park Ave, Albany, NY 12202

$8,750,000
2 acres
Active sale
ago
Est $53,390/mo

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.

65,000
Sq feet
1880
Built

Location

Street address
201 Park Ave
Zip code
12202
Community
Capitol Hill
Elevation
153 feet
Coordinates
42.6482, -73.7664

Property details

Acreage
1.96 acres85,378 sq ft
MLS #
MyStateMLS 11896413
Posted

Property taxes

Recent
$104,210

Listing history

DateEventPriceChangeSource
July 22, 2026New listing$8,750,000MyStateMLS
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This 1.96-acre property is located at 201 Park Ave in Albany, NY 12202. The property is available for sale, priced at $8,750,000. It has a 65,000 square foot structure built in 1880.

Listed by Realty ONE Group Key, (518) 630-0360

Checked 2 hours agoUpdated Source

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