Apartment Building

Lake Placid, NY Apartment Buildings for Sale

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Ray Brook, NY Saranac Lake, NY Keene, NY Wilmington, NY Keene Valley, NY Jay, NY Bloomingdale, NY Upper Jay, NY
Mixed-Use Property with Apartments
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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10-Unit Mixed-Use Property
Updated: Aug 24
10-Unit Mixed-Use Property

2276-2284 Saranac Avenue, Lake Placid, NY 12946

$2,060,000
Eight apartments: two studios, four one‑bedroom units, and two two‑bedroom units
Two main‑level office spaces in the 10‑unit mixed‑use building
Separate one‑bedroom, one‑bath cottage behind the main building
Four‑unit office building at 2284 Saranac Avenue
Lower‑level laundry, storage bins, kitchen, conference room, half bath, and additional storage
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Main Street Retail Apartment Building
Main Street Retail Apartment Building

2427 Main St, Lake Placid, NY 12946

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2,700 sqft

Mixed-use building on Main Street features eight apartments and retail space with waterfront access to Mirror Lake.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

Five-Unit Colonial Apartment Building
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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Five-Unit Apartment Building
Five-Unit Apartment Building

115 Main Street, Saranac Lake, NY 12983

$695,000
3,740 sqft 0.29 AC lot

Commercially zoned multifamily property with private entrances, updated interiors, and preserved historic character.

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Five-Unit Apartment Property with River Access
Five-Unit Apartment Property with River Access

57325734 Nys Route 86, Wilmington, NY 12997

$380,000

Five residential units include four apartments and a detached one-bedroom residence with separately metered utilities.

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5-Unit Riverfront Apartment Building
5-Unit Riverfront Apartment Building

5732 & 5734 NYS Route 86, Wilmington, NY 12997

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Multifamily property with separately metered utilities near Lake Placid and Whiteface Mountain Ski Resort.

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Lake Placid, NY Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Lake Placid, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,927 square feet of properties for sale, with an estimated market value of $4,120,000.

Sale prices for two-family homes in Lake Placid, NY average $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.

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Demographics Overview

Population 4,805
Population Growth (5Y) +0.3%
Median Household Income $78,261
College Educated 67.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
12946 $2.1M

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $18.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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