It is a branch of the Albertina gallery in Vienna and opened in April 2024.

When it closed due to financial problems the collection was donated to the Albertina.

[2] The building was used to store the Essl collection and other contemporary artworks.

[1] As part of an interview conducted to mark his retirement in December 2024, Albertina director Klaus Albrecht Schröder identified not opening the Albertina Klosterneuburg at an earlier date as being a mistake he'd made while in the role.

He noted that "I should have founded the Albertina Klosterneuburg five years earlier.