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Street
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/moA 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
- County
- Albany County
- Zip code
- 12202
- Community
- Capitol Hill
- Elevation
- 153 feet
Property details
- Acreage
- 1.96 acres85,378 sq ft
- MLS #
- MyStateMLS 11896413
- Posted
Property taxes
- Recent
- $104,210
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 22, 2026 | New listing | $8,750,000 | — | MyStateMLS |
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