Albany County, NY Apartment Buildings for Sale

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Updated: Aug 17

6-Unit Mixed-Use Building

285 Washington Avenue, Albany, NY 12206

$679,900

5,772 sqft 0.08 AC lot

Six‑unit mixed‑use building with two street‑level commercial spaces
5,772 square feet on a 0.08‑acre lot
Built in 1902 with brick construction
Multi Residence zoning
Central air with public water and public sewer

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285 Washington Avenue, Albany, NY 12206

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$59K
Annual
Mortgage

$270K
Feb 2018
Last Sold

Feb 2020
$337K
Property Type

Commercial Office/Residential (Mixed Use)
Built 1900

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Updated: Jul 27

Mixed-Use Property with Bar

162-170 Jefferson Street, Albany, NY 12210

$2,300,000

10,000 sqft 0.03 AC lot

Four adjoining buildings at 162–170 Jefferson Street
Eight apartments plus The Palais Royale Bar & Grill
10,000 square feet on a 0.03‑acre parcel
1,860‑square‑foot open ground‑floor commercial area at 168 Jefferson Street
Full kitchen with halon fire suppression; sale includes the business and all FFE

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Mixed-Use Assemblage with Bar

162-170 Jefferson Street, Albany, NY 12210

$2,300,000

10,000 sqft 0.04 AC lot

Four adjoining buildings combine eight apartments with an operating bar and restaurant business.

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Mixed-Use Property with Bar Apartments

162170 Jefferson Street, Albany, NY 12210

$2,300,000

10,000 sqft

Four connected buildings combine residential units with a restaurant-bar operation and dedicated commercial space.

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10-Unit Brick Apartment Building

328 Western Avenue, Albany, NY 12203

$1,499,900

6,020 sqft 0.09 AC lot

Brick multifamily asset in Albany’s Pine Hills neighborhood with radiant natural gas heat and public utilities.

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Historic 46-Unit Multifamily Building

201 Park Ave, Albany, NY 12202

$8,750,000

65,000 sqft 1.96 AC lot

Fully renovated, stabilized 46-unit multifamily property in a distinctive historic building, with updated in-unit amenities.

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Updated 6-Unit Apartment Building

299 Quail Street, Albany, NY 12208

$795,000

3,392 sqft 0.09 AC lot

Multifamily property with refreshed units, upgraded building systems, and public water and sewer service.

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5-Unit Apartment Building

552 Madison Ave, Albany, NY 12208

$700,000

4,608 sqft

Two-story property with a mix of one- and two-bedroom apartments near Washington Park and Albany Medical Center.

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Mixed-Use Residential Building with Retail

260 Washington Avenue, Albany, NY 12210

$2,600,000

25,530 sqft 0.22 AC lot

Renovated multifamily mixed-use building with 14 apartments and one ground-floor retail space with frontage on Washington Avenue.

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Multifamily Apartment Building

518 Hudson Avenue, Albany, NY 12203

$599,000

3,000 sqft 0.21 AC lot

Small multifamily with seven units, off-street parking, and a mix of one- through four-bedroom apartments.

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Mixed-Use Income Building

261 Central Avenue, Albany, NY 12206

$2,149,000

5,952 sqft

Mixed-use property with 7 residential units and 2 commercial spaces, professionally managed, on Albany’s Central Avenue corridor.

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Updated Brick 6-Unit Apartment Building

190 S Allen Street, Albany, NY 12208

$825,000

3,536 sqft 0.14 AC lot

Remodeled six two-bedroom homes in a solid brick building with separate utilities and electric baseboard heat.

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Albany Multifamily Property on Washington Avenue

166 Washington Avenue, Albany, NY 12210

$599,900

4,588 sqft 0.05 AC lot

Well-maintained Albany property near downtown, employers, and universities.

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41-Unit Loft-Style Apartment Building

31 Ontario Street, Cohoes, NY 12047

$6,500,000

48,550 sqft

Renovated residences offer exposed brick, hardwood floors, modern kitchens, and in-unit laundry hookups.

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Six-Unit Multifamily Building with Separate Utilities

112 Main Street, Cohoes, NY 12047

$699,000

0.08 AC lot

Well-maintained six-unit multifamily building with four units occupied, separate utilities, baseboard heat, and public water.

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Mixed-Use Property With Garage

261-263 Central Ave, Albany, NY 12206

$2,149,000

Fully leased building combines residential units, commercial space, and a large garage.

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Updated 6-Unit Brick Apartment Building

190 S Allen Street, Albany, NY 12208

$825,000

3,536 sqft

Fully updated six-unit brick building with six 2-bedroom units and separate utilities.

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Connected Apartment Buildings With Commercial Space

341-345 Clinton Avenue, Albany, NY 12210

$715,000

8,046 sqft

Three mechanically linked townhouses provide residential units alongside ground-floor commercial space.

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Renovated Historic 46-Unit Multifamily

201 Park Avenue, Albany, NY 12202

$8,750,000

64,934 sqft

Fully renovated and stabilized 46-unit multifamily housed in Albany’s historic Hinckel Brewery building.

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6-Unit Apartment Building

11 Ten Broeck Street, Albany, NY 12210

$650,000

6,500 sqft

Multifamily property with varied apartment layouts and additional permitted or conditional use options.

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Mixed-Use Building with Bar & Grill

162-170 Jefferson Street, Albany, NY 12210

$2,300,000

10,000 sqft

Four adjoining buildings include eight apartments plus the Palais Royale Bar & Grill, with a commercial space on the ground floor.

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Connected Townhouse Apartment Buildings

304-308 Clinton Avenue, Albany, NY 12210

$840,000

8,217 sqft

Three mechanically connected townhouse buildings offer multifamily use with additional permitted or conditional use options.

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5-Unit Apartment Building

372 Madison Ave, Albany, NY 12210

$250,000

4,347 sqft

Vacant, gutted interiors create a renovation opportunity at the Madison Avenue and Dove corner.

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Seven-Unit Apartment Building

865 Madison Ave, Albany, NY 12208

$499,900

5,298 sqft

Multifamily property with a balanced one- and two-bedroom unit mix, hardwood flooring, garage, and off-street parking.

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Albany County, NY Apartment Buildings Market Trends and Statistics

Explore 56 apartment buildings for sale in Albany County, NY, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 570,256 square feet of properties for sale, with an estimated market value of $83,292,400.

Sale prices for two-family homes in Albany County, NY start at $75,000, averaging $2,031,521, and reaching up to $8,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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