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201 Park Ave

Albany NY 12202

65000 sq. ft.
1.96 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

65000 sq. ft. floor area
1.96 ac. lot size
Multi-Family

Property history for 201 Park Ave

2021
Rented
Undisclosed
11 Dec 2021 by Coldwell Banker Prime Prop.

Happy sellers in Albany

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We have insufficient information to provide an overview of customer satisfaction for Albany. Viewing the agent profiles, reviews and sales for Albany can provide insights for this location.

Local market activity for multi families in Albany

In the last 12 months, 3 multi families similar to 201 Park Ave, have been sold.

This represents a 75% increase in multi families sales when compared to the previous 12 months.

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