# 201 Park Ave, Albany, NY 12202

> **TL;DR:** commercial, $8,750,000 ($135/sqft), built 1880, 65,000 sqft. Est. $46,797/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $8,750,000 |
| Price/sqft | $135 |
| Square Feet | 65,000 |
| Year Built | 1880 |
| Lot Size | 85,378 sqft (1.96 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $44,245 |
| Estimated Insurance | $2,552 |
| **Total** | **$46,797** |

## Property Highlights

- Built in 1880
- 1.96 acre lot

## Description

### Agent 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.

## Location

- **Address:** 201 Park Ave, Albany, NY 12202
- **County:** Albany
- **Neighborhood:** Capitol Hill
- **Coordinates:** 42.648181, -73.766402
- **Google Maps:** https://www.google.com/maps?q=42.648181,-73.766402

## Listing Agent

- **Name:** Leah Witko
- **Brokerage:** REALTY ONE GROUP KEY
- **Phone:** 518-630-0360

## Primary Photo

![201 Park Ave - Primary Photo](http://lh.rdcpix.com/15b482f7b834b3e80880d0572cb0fbe7l-f448253620r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.ai/listing/201-park-ave-albany-ny-12202-11896413)*

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**MLS#:** 11896413 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/201-park-ave-albany-ny-12202-11896413)

---

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  "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",
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  "datePosted": "2026-07-30",
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