201 Park Ave Albany, NY 12202

Price
$8,750,000
Listed On
Type
For Sale
Status
Active
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
201 Park Ave, Albany, NY 12202
65000 sqft
Asking  $8,750,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Other
MLS Number
11896413
Parcel Number
Property Sqft
65,000 sqft
Lot Size
1.96 acres
Year Built
1880
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
85,377.6
Price Low
-
Room Count
-
Building Unit Count
-
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Location Directions
Park Ave Albany
Subdivision Name
Capitol Hill
Franchise Affiliation
None
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

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.

More Details

MLS Name
My State MLS
Source
ListHub
MLS Number
11896413
MLS ID
NYSMLS
Virtual Tour
PARTICIPANT
Name
Leah Witko
Primary Phone
(518) 630-0360
Key
3YD-NYSMLS-114667
Email
leahwitko@gmail.com
BROKER
Name
REALTY ONE GROUP KEY
Phone
(518) 630-0360
OFFICE
Name
REALTY ONE GROUP KEY
Phone
(518) 630-0360
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront

History

DateEventPrice$/SqftSource
Listed For Sale
Commercial
$8,750,000$135REALTY ONE GROUP KEY
Report issue with price history

Taxes

YearAnnual AmountDescription
$104,210

Nearby Schools

Middle School

William S Hackett Middle School

0.2 miles away06 - 08

Elementary School

New Scotland Elementary School

0.3 miles awayPK - 05

Middle School

Achievement Academy Charter School

0.5 miles away05 - 07
Show more
Get more info on 201 Park Ave, Albany, NY 12202
Profile
Leah Witko
Listing Agent
(518) 630-0360 ext. 147
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Leah Witko
Listing Agent
(518) 630-0360 ext. 147
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.