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

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    Colonial Apartment Building with Five Units
    Updated: Apr 28
    Colonial Apartment Building with Five Units

    115 Main Street, Saranac Lake, NY 12983

    $695,000
    3,740 sqft 0.29 AC lot
    5 residential units in a Colonial apartment building
    0.29‑acre lot with 3,740 SF building size
    Built in 1892 with Colonial architectural style
    Oil hot water heating and asphalt roof
    Public water and public sewer; cable available
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    Apartment Building with Five Units
    Updated: Apr 28
    Apartment Building with Five Units

    115 Main Street, Saranac Lake, NY 12983

    $695,000
    3,740 sqft 0.29 AC lot
    Built in 1892; remodeled in 1907; converted to multi‑family in the late 1950s
    Five residential units
    0.29‑acre lot with private yard and private entrances
    3740 SF apartment building
    Hot water (heating) with oil; asphalt roof; wood siding
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    9-Unit Apartment Building with Balcony Access
    9-Unit Apartment Building with Balcony Access

    9 River Street, Saranac Lake, NY 12983

    $1,200,000
    6,811 sqft 0.27 AC lot

    Across from Lake Flower and Riverside Park, this 9-unit building includes balcony access and in-unit laundry in the owner suite.

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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.

    20-Unit Apartment Building with Lake Access
    20-Unit Apartment Building with Lake Access

    1616 NY-30, Tupper Lake, NY 12986

    $1,100,000
    15,000 sqft 7.22 AC lot

    Commercial-zoned 20-unit apartment property with beach access, dock, and public water and sewer.

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    Waterfront Apartment Building with Dock
    Waterfront Apartment Building with Dock

    1616 NY-30, Tupper Lake, NY 12986

    $1,100,000
    15,000 sqft 7.22 AC lot

    Twenty-unit waterfront property with dock and beach access, spanning multiple buildings on a public water and sewer setup.

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    Historic 7-Unit Apartment Building
    Historic 7-Unit Apartment Building

    22 Macomb St, Plattsburgh, NY 12901

    $925,000

    Multifamily property combining an owner’s residence, long-term apartments, and Airbnb units in a historic Plattsburgh setting.

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    Lake-View Multifamily Building
    Lake-View Multifamily Building

    43 Hamilton St, Plattsburgh, NY 12901

    Contact for pricing

    Multifamily property with multiple units, off-street parking, on-site laundry, and lake-facing views.

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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

    Value Estimation by Request
    6,811 sqft 0.27 AC lot
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    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 $895K

    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)

    Average Property Price per SF

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

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    Residential Income

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