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    Ny, NY Rensselaer, NY East Greenbush, NY Delmar, NY Troy, NY Glenmont, NY North Greenbush, NY Watervliet, NY
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    6-Unit Mixed-Use Building
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    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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    Mixed-Use Property with Bar
    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
    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
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    10-Unit Brick Apartment Building
    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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    Updated 6-Unit Apartment Building
    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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    Historic 46-Unit Multifamily Building
    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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    5-Unit Apartment Building
    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
    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
    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
    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
    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
    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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    Updated 6-Unit Brick Apartment Building
    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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    Mixed-Use Property With Garage
    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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    Connected Apartment Buildings With Commercial Space
    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
    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
    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
    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
    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
    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
    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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    Multi-Family Apartment Portfolio
    Multi-Family Apartment Portfolio

    287 Myrtle Avenue, Albany, NY 12208

    $1,300,000
    2,972 sqft

    Two-building residential portfolio with 10 units, off-street parking, garages, and coin-operated laundry in the basement.

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    Thirteen Tenant Plaza For Sale
    Thirteen Tenant Plaza For Sale

    644 Loudon Road, Colonie, NY 12110

    $3,900,000
    15,375 sqft

    Thirteen tenant plaza with retail and apartment units.

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    Colonie, NY Apartment Buildings Market Trends and Statistics

    Explore 40 apartment buildings for sale in Colonie, NY, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 452,084 square feet of properties for sale, with an estimated market value of $72,229,500.

    Sale prices for two-family homes in Colonie, NY start at $250,000, averaging $2,063,700, 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 56K
    Population Growth (5Y) -4.3%
    Median Household Income $84,320
    College Educated 66.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Latham - 12110 $3.9M

    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

    Office

    Residential Income

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    Most Searched ZIP Codes in Colonie, NY

    • 12210
    • 12208
    • 12203
    • 12206
    • 12202
    • 12110
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