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.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Commercial | $8,750,000 | $135 | REALTY ONE GROUP KEY |
| Year | Annual Amount | Description |
|---|---|---|
| $104,210 |