Albany, NY Apartment Buildings for Sale

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Rensselaer, NY East Greenbush, NY Delmar, NY Troy, NY Whitesboro, NY Glenmont, NY North Greenbush, NY Watervliet, NY

47 properties

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Updated: Jul 27

Apartment Buildings with Bar

162-170 Jefferson Street, Albany, NY 12210

$2,300,000

10,000 sqft 0.04 AC lot

8 apartments across 4 adjoining buildings
10,000 square feet on 0.04 acres
Bar business included with all FFE
Full kitchen with halon fire suppression
1,860‑square‑foot open commercial space at 168 Jefferson Street

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Updated: Sep 21

10-Bedroom Apartment Building

531 Western Avenue, Albany, NY 12203

$599,900

3,414 sqft 0.18 AC lot

10 bedrooms and 10 full bathrooms in a 3,414‑square‑foot, three‑level building
First floor includes an updated eat‑in kitchen, living room, laundry, and two en‑suite bedrooms
Five second‑floor bedrooms feature en‑suite bathrooms; three more bedrooms occupy the third floor
Gas fireplaces in all bedrooms and the living room
Nine‑year‑old boiler, newer roof, and interconnected fire system

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6-Unit Mixed-Use Building

285 Washington Avenue, Albany, NY 12206

$669,900

5,772 sqft 0.08 AC lot

Brick construction includes two street-level commercial spaces with central air and public utilities.

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Mixed-Use Building with Storefronts

65 Watervliet Ave, Albany, NY 12206

$1,250,000

8,424 sqft

Three-story property combines nine apartments with two street-facing commercial spaces.

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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 construction with radiant heat, a porch, and public water and sewer service.

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5-Unit Brick Apartment Building

169 Elk St, Albany, NY 12210

$584,000

3,600 sqft

Five apartments have separate gas and electric meters, while the owner supplies heat and hot water.

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Updated 6-Unit Apartment Building

299 Quail Street, Albany, NY 12208

$795,000

3,392 sqft 0.09 AC lot

Updated plumbing and electrical support this multifamily property in Albany’s Pine Hills neighborhood.

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Three-Story Mixed-Use Property

65 Watervliet Avenue, Albany, NY 12206

$1,250,000

8,424 sqft

The building combines nine apartments with two ground-floor storefronts.

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Renovated 46-Unit Apartment Building

201 Park Ave, Albany, NY 12202

$8,750,000

65,000 sqft 1.96 AC lot

Historic character meets updated kitchens, baths, appliances, and in-unit laundry across varied apartment layouts.

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Mixed-Use Property Portfolio

747 Madison Avenue, Albany, NY 12208

$3,800,000

23,408 sqft 0.51 AC lot

The assemblage combines office, multifamily, warehouse, garage, and undeveloped land uses.

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Mixed-Use Property with Eight Units

151 Henry Johnson Boulevard, Albany, NY 12210

$1,300,000

6,337 sqft 0.29 AC lot

Fully leased mixed-use building with updated residential units and ground-floor commercial space.

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Renovated Mixed-Use Building

260 Washington Avenue, Albany, NY 12210

$2,450,000

25,530 sqft 0.22 AC lot

Multifamily and retail configuration with secure access, shared amenities, and an unfinished lower level.

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Six-Unit Apartment Building

518 Hudson Avenue, Albany, NY 12203

$599,000

3,000 sqft 0.21 AC lot

Six-unit multifamily property with flexible month-to-month occupancy and off-street parking.

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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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Eight-Unit Brick Apartment Buildings

97-99 Homestead, Albany, NY 12203

$1,199,900

6,184 sqft 0.34 AC lot

Two well-maintained residential buildings offer updated apartments, garage parking, storage, laundry, and shared outdoor access.

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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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Five-Unit Historic Apartment Building

552 Madison Avenue, Albany, NY 12208

$700,000

4,608 sqft

Two-story property with varied one- and two-bedroom layouts and historic architectural details.

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Six-Bedroom Apartment Building

166 Washington Avenue, Albany, NY 12210

$599,900

4,588 sqft 0.05 AC lot

Multi-residence property with six bathrooms, off-street parking, and access to downtown amenities and public transportation.

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10-Unit Brick Apartment Building

328 Western Avenue, Albany, NY 12203

$1,499,900

6,020 sqft

Brick multifamily property with established access to colleges, hospitals, dining, shopping, transit, and downtown Albany.

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10-Unit Multifamily Portfolio

Albany, NY 12208

$1,250,000

Two apartment buildings combine varied unit layouts, brick and vinyl siding, public utilities, and driveway parking.

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Updated Six-Unit Apartment Building

299 Quail Street, Albany, NY 12208

$795,000

3,392 sqft

Multifamily property with renewed plumbing and electrical systems in Albany’s Pine Hills neighborhood.

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Mixed-Use Property with Garage

261-263 Central Ave, Albany, NY 12206

$2,149,000

Fully leased asset combining residential units, commercial space, and a substantial garage.

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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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5-Unit Apartment Building

372 Madison Ave, Albany, NY 12210

$195,000

4,347 sqft

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

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Albany, NY Apartment Buildings Market Trends and Statistics

Explore 52 apartment buildings for sale in Albany, NY, showcased through 47 active listings on our real estate platform. These investment opportunities span a total of 433,821 square feet of properties for sale, with an estimated market value of $74,921,000.

Sale prices for two-family homes in Albany, NY start at $195,000, averaging $1,594,063, 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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Demographics Overview

Population 155K

Population Growth (5Y) +6.9%

Median Household Income $76,899

College Educated 13.9%

High-Yield Neighborhoods for Investment

Identify Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
12208	$776.5K
12203	$939.6K
12206	$1.3M
12210	$1.3M
12204	$1.5M

Listings Trend

New vs delisted commercial listings in Albany County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Albany County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Albany fall within the 100,000+ square foot range.

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