Lake Placid, NY Apartment buildings for sale

Updated: Aug 22

Mixed-Use Property with Apartments

2276-2284 Saranac Avenue, Lake Placid, NY 12946

$2,060,000

9,227 sqft 0.95 AC lot

10‑unit mixed‑use building with 8 apartments and 2 main‑level office spaces
Apartment mix includes 2 studios, 4 one‑bedroom units, and 2 two‑bedroom units
Separate 1‑bedroom, 1‑bath cottage behind the main building
Four‑unit office building with storage bins, kitchen, conference room, half bath, and additional storage
Combined property size of 9,227 square feet on 0.95 acres

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Updated: Aug 17

9-Unit Two-Bedroom Apartment Building

5983 Sentinel Rd, Lake Placid, NY 12946

$1,165,000

9‑unit apartment property in Lake Placid, NY
Each unit features 2 bedrooms, a full kitchen, and a full bath
On‑site parking included
Across the street from a local trolley stop
Less than 1 mile from Main Street shops and restaurants

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building with Balconies

9 River Street, Saranac Lake, NY 12983

$1,200,000

6,811 sqft 0.27 AC lot

Historic multifamily property with lake proximity, renovated space, and shared outdoor areas.

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Five-Unit Colonial Apartment Building

115 Main Street, Saranac Lake, NY 12983

$695,000

3,740 sqft 0.29 AC lot

Maintained multifamily property with character details, private entrances, and a porch near downtown amenities.

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6-Unit Apartment Building

7617 US-9, Elizabethtown, NY 12932

$289,900

7,040 sqft 0.55 AC lot

Month-to-month leases and tenant-paid heat and hot water provide flexibility in managing the residential units.

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6-Unit Apartment Building

7617 Us Route 9, Elizabethtown, NY 12932

$289,900

Apartments range from one to four bedrooms, with month-to-month leases across the building.

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Lake Placid, NY Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Lake Placid, NY on our real estate platform. These investment opportunities span a total of 9,227 square feet of properties for sale, with an estimated market value of $3,225,000.

Sale prices for apartment complexes in Lake Placid, NY start at $1,165,000, averaging $1,612,500, and reaching up to $2,060,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
12946	$1.8M

Neighborhood

Average Price

12946

$1.8M