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    Saranac Lake, NY
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    Saranac Lake, NY Apartment Buildings for Sale

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    Bloomingdale, NY Rainbow Lake, NY Lake Clear, NY Vermontville, NY Ray Brook, NY Lake Placid, NY Merrillsville, NY Wilmington, NY
    Apartment Building with Balconies
    Updated: May 2
    Apartment Building with Balconies

    9 River Street, Saranac Lake, NY 12983

    $1,200,000
    6,811 sqft 0.27 AC lot
    9‑unit apartment building with 6,811 square feet on 0.27 acres
    Directly across from Lake Flower and Riverside Park
    Unit 7 includes 3 beds, 2 baths, Jacuzzi tub, skylights, wood stove fireplace, custom kitchen, and in‑unit laundry
    Units 5 and 7 offer shared balcony access with lake and mountain views
    Coin‑operated basement laundry and paved parking
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    Five-Unit Colonial Apartment Building
    Updated: Apr 28
    Five-Unit Colonial Apartment Building

    115 Main Street, Saranac Lake, NY 12983

    $695,000
    3,740 sqft 0.29 AC lot
    Five residential units in a multifamily property
    3740 square feet on a 0.29‑acre site
    1892 Colonial‑style building converted to multifamily use in the late 1950s
    Commercial zoning with public water and public sewer
    Located at the intersection of Main and Church streets
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily Property with Mountain Features
    Multifamily Property with Mountain Features

    133-139 Broadway, Saranac Lake, NY 12983

    $1,225,000

    1930-built multifamily property with oil-fired hot water, an unfinished full basement, and electric kitchen appliances.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Saranac Lake, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    2276-2284 Saranac Avenue, Lake Placid, NY 12946

    $2,060,000
    9,227 sqft 0.95 AC lot

    Two buildings combine residential units, office suites, a cottage, parking, and shared tenant amenities.

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    10-Unit Mixed-Use Property
    10-Unit Mixed-Use Property

    2276-2284 Saranac Avenue, Lake Placid, NY 12946

    $2,060,000

    Two commercial buildings combine apartments, office suites, a cottage, parking, and shared tenant amenities.

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    6-Unit Apartment Building
    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
    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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    Off-Market Properties in Saranac Lake, NY

    Consider similar Off-Market properties in Saranac Lake, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    9 River St
    Multifamily properties

    9 River St, Saranac Lake, NY 12983

    Estimated value: by Request
    6,811 sqft 0.27 AC lot
    View details

    Saranac Lake, NY Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Saranac Lake, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,291 square feet of properties for sale, with an estimated market value of $3,815,000.

    Sale prices for two-family homes in Saranac Lake, NY start at $695,000, averaging $953,750, and reaching up to $1,225,000 — 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 7,410
    Population Growth (5Y) +0.5%
    Median Household Income $64,604
    College Educated 62.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    12983 $953.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.99%
    Property Tax per SF $60.16 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Franklin County

    New Delisted

    Total CRE Inventory on Market (SF)

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