Do not waste time hunting for a "free" standalone Max Payne 3 Setup.exe. The risk of infecting your PC is not worth saving $20. The game frequently goes on sale for $5.99 USD on Steam and Rockstar Launcher.
The Safe Path Summary:
The Max Payne 3 modding community is still active, with mods like The Kung Fu Mod 3.0 and Realistic Weapon Sounds. Heavy modding can corrupt the original installation. Therefore, many advanced users keep a backup of the original Setup.exe and the game’s .rpf archives. Max Payne 3 Setup.exe File Download
Note: Do not host a backup publicly. Instead, use Steam’s "Backup game files" feature (Steam → Backup and Restore Games) to create a portable setup.exe and associated .sid files. This creates a legal, personal backup that does not require re-downloading. Do not waste time hunting for a "free"
This is the gold standard. Rockstar removed many PC compatibility issues by re-releasing Max Payne 3 through their own launcher. This is the gold standard