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$ 8,750,000
Est. payment | /mo
65,000 SqFt
$ 8,750,000
Est. payment | /mo
65,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 65,000 sqft
Price per Sqft $134
MLS Listing ID 11896413
Year Built 1880
Annual Tax Amount $104,210
Property 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
State NY
County 36001
Rooms
Dining Room 0
Kitchen 0
Building
Structure Type Masonry - Brick
NEARBY SCHOOL & BUSINESS