Multifamily

Albany, NY Multifamily Properties for Sale

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338 properties
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Brick Triplex with Garages
Updated: Oct 8
Brick Triplex with Garages

10 Pine Street, Albany, NY 12203

$575,000
2,944 sqft 0.21 AC lot
Three apartments: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
2,944 square feet in a brick building
Attached 1‑car garage and separate 2‑car garage at the rear
Cleared 60'x100' lot included; construction requires variances
Basement includes shared laundry, a half bath, storage, and recreation room with wood fireplace
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Mixed-Use Four-Building Assemblage
Updated: Jul 27
Mixed-Use Four-Building Assemblage

162-170 Jefferson Street, Albany, NY 12210

$2,300,000
10,000 sqft 0.03 AC lot
4 adjoining buildings with 8 apartments and a bar and restaurant business
10,000 square feet on 0.03 acres at 162‑170 Jefferson Street
1,860‑square‑foot ground‑floor commercial space with hardwood floors, private bar, and high ceilings
Full kitchen with halon fire suppression; sale includes all FFE
1 block from Empire State Plaza and near state government offices and the NYS Museum
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Apartment Buildings with Bar
Apartment Buildings with Bar

162-170 Jefferson Street, Albany, NY 12210

$2,300,000
10,000 sqft 0.04 AC lot

Four connected buildings combine apartments with an operating bar, commercial space, kitchen equipment, and public utilities.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Three-Story Mixed-Use Property
Three-Story Mixed-Use Property

65 Watervliet Avenue, Albany, NY 12206

$1,250,000
8,424 sqft

The building combines nine apartments with two ground-floor storefronts.

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4-Unit Quadplex with Laundry
4-Unit Quadplex with Laundry

108 Southern Boulevard, Albany, NY 12209

$599,000
4,890 sqft 0.08 AC lot

Each apartment offers three bedrooms, one bath, and laundry inside the unit.

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10-Bedroom Multifamily Property
10-Bedroom Multifamily Property

531 Western Avenue, Albany, NY 12203

$599,900
3,414 sqft 0.18 AC lot

Three-story layout includes en-suite bedrooms, shared baths, laundry, and an updated eat-in kitchen.

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10-Bedroom Apartment Building
10-Bedroom Apartment Building

531 Western Avenue, Albany, NY 12203

$599,900
3,414 sqft 0.18 AC lot

Three-level residence with en-suite bedrooms, porches, parking, and shared living areas.

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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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6-Unit Mixed-Use Building
6-Unit Mixed-Use Building

285 Washington Avenue, Albany, NY 12206

$669,900
5,772 sqft 0.08 AC lot

Brick construction includes two street-level commercial spaces with central air and public utilities.

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14-Unit Apartment Buildings
14-Unit Apartment Buildings

917 Park Avenue, Albany, NY 12208

$1,100,000
6,756 sqft 0.13 AC lot

The package combines two neighboring buildings, with all apartments configured as two-bedroom units.

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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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14-Unit Apartment Property
14-Unit Apartment Property

921 Park Avenue, Albany, NY 12208

$1,100,000
6,756 sqft 0.13 AC lot

The sale combines two neighboring buildings in Albany’s Pine Hills neighborhood.

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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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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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4-Unit Quadplex with Garage
4-Unit Quadplex with Garage

402 Clinton Avenue, Albany, NY 12206

$540,000
2,822 sqft 0.08 AC lot

Commercial zoning accompanies a brick multifamily property with a gated backyard area.

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Brick Triplex
Brick Triplex

60 Clinton Avenue, Albany, NY 12210

$375,000
4,048 sqft 0.05 AC lot

Three residential units offer rental or owner-occupant flexibility, subject to applicable local requirements.

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Connected Townhouse Apartment Buildings
Connected Townhouse Apartment Buildings

304-308 Clinton Avenue, Albany, NY 12210

$799,000
8,217 sqft

Three mechanically connected townhouse buildings offer multifamily use with additional permitted or conditional use options.

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5-Unit Brick Apartment Building
5-Unit Brick Apartment Building

169 Elk St, Albany, NY 12210

$584,000
3,600 sqft

Five apartments have separate gas and electric meters, while the owner supplies heat and hot water.

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14-Unit Apartment Building Package
14-Unit Apartment Building Package

917 Park Avenue, Albany, NY 12208

$1,100,000
6,756 sqft

Two neighboring properties offer a fully occupied, all two-bedroom apartment mix.

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Updated 6-Unit Apartment Building
Updated 6-Unit Apartment Building

299 Quail Street, Albany, NY 12208

$761,000
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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Mixed-Use Property with Eight Units
Mixed-Use Property with Eight Units

151 Henry Johnson Boulevard, Albany, NY 12210

$1,300,000
6,337 sqft 0.29 AC lot

Fully leased mixed-use building with updated residential units and ground-floor commercial space.

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Renovated 46-Unit Apartment Building
Renovated 46-Unit Apartment Building

201 Park Ave, Albany, NY 12202

$8,490,000
65,000 sqft 1.96 AC lot

Historic character meets updated kitchens, baths, appliances, and in-unit laundry across varied apartment layouts.

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Five-Unit Historic Apartment Building
Five-Unit Historic Apartment Building

552 Madison Avenue, Albany, NY 12208

$700,000
4,608 sqft

Two-story property with varied one- and two-bedroom layouts and historic architectural details.

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Mixed-Use Property Portfolio
Mixed-Use Property Portfolio

747 Madison Avenue, Albany, NY 12208

$3,800,000
23,408 sqft 0.51 AC lot

The assemblage combines office, multifamily, warehouse, garage, and undeveloped land uses.

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Albany, NY Multifamily Properties Market Trends and Statistics

Explore 338 multifamily properties for sale in Albany, NY, showcased through 338 active listings on our real estate platform. These investment opportunities span a total of 1,216,646 square feet of properties for sale, with an estimated market value of $180,324,679.

Sale prices for multifamily properties in Albany, NY start at $40,000, averaging $536,680, and reaching up to $8,490,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 185
Triplexes 63
Apartment buildings 52
Quadplexes 27
Short term rental properties 4

Demographics Overview

Population 155K
Population Growth (5Y) +6.9%
Median Household Income $76,899
College Educated 13.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
12209 $346.4K
12206 $364.8K
12204 $404.5K
12208 $441K
12203 $466.1K

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

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Albany fall within the 100,000+ square foot range.

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