Advertise
    Albany, NY
    Multifamily
    AI Picks

    Albany, NY Multifamily Properties for Sale

    Notify Me
    List
    Map
    Ny, NY Rensselaer, NY East Greenbush, NY Delmar, NY Glenmont, NY Troy, NY Whitesboro, NY North Greenbush, NY
    384 properties
    Sort:
    Fully Occupied Quadplex
    Updated: Aug 31
    Fully Occupied Quadplex

    221 Lancaster St, Albany, NY 12210

    $539,000
    4,000 sqft 0.03 AC lot
    Fully occupied 4‑unit quadplex
    4,000 square feet on a 0.03‑acre lot
    Separate utilities for each unit
    Full‑floor units with cathedral ceilings and original fireplaces
    Architectural details include crown molding, stained glass, mantels, and hardwood floors
    View details
    Mixed-Use Property with Bar
    Updated: Jul 27
    Mixed-Use Property with Bar

    162-170 Jefferson Street, Albany, NY 12210

    $2,300,000
    10,000 sqft 0.03 AC lot
    Four adjoining buildings at 162–170 Jefferson Street
    Eight apartments plus The Palais Royale Bar & Grill
    10,000 square feet on a 0.03‑acre parcel
    1,860‑square‑foot open ground‑floor commercial area at 168 Jefferson Street
    Full kitchen with halon fire suppression; sale includes the business and all FFE
    View details
    Mixed-Use Assemblage with Bar
    Mixed-Use Assemblage with Bar

    162-170 Jefferson Street, Albany, NY 12210

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

    Four adjoining buildings combine eight apartments with an operating bar and restaurant business.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic 4-Unit Quadplex
    Historic 4-Unit Quadplex

    221 Lancaster St, Albany, NY 12210

    $539,000
    4,000 sqft

    Fully occupied four-unit property with separate utilities and distinctive original architectural features.

    View details
    6-Unit Mixed-Use Building
    6-Unit Mixed-Use Building

    285 Washington Avenue, Albany, NY 12206

    $679,900
    5,772 sqft 0.08 AC lot

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

    View details
    Apartment Building with Rooftop Deck
    Apartment Building with Rooftop Deck

    531 Western Avenue, Albany, NY 12203

    $624,900
    3,414 sqft 0.18 AC lot

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

    View details
    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.

    View details
    Mixed-Use Property with Bar Apartments
    Mixed-Use Property with Bar Apartments

    162170 Jefferson Street, Albany, NY 12210

    $2,300,000
    10,000 sqft

    Four connected buildings combine residential units with a restaurant-bar operation and dedicated commercial space.

    View details
    Corner-Lot Duplex
    Corner-Lot Duplex

    1 Dowling Road, Albany, NY 12205

    $599,000
    2,480 sqft 0.45 AC lot

    Two three-bedroom units include eat-in kitchens, basement recreation areas, and enclosed front porches.

    View details
    Updated 6-Unit Apartment Building
    Updated 6-Unit Apartment Building

    299 Quail Street, Albany, NY 12208

    $795,000
    3,392 sqft 0.09 AC lot

    Updated plumbing and electrical support this multifamily property in Albany’s Pine Hills neighborhood.

    View details
    6-Unit Mixed-Use Property
    6-Unit Mixed-Use Property

    285 WASHINGTON AVE, Albany, NY 12206

    $679,900
    5,772 sqft

    Apartment residences and two street-level commercial spaces occupy this established Albany property near downtown amenities.

    View details
    Historic 46-Unit Multifamily Building
    Historic 46-Unit Multifamily Building

    201 Park Ave, Albany, NY 12202

    $8,750,000
    65,000 sqft 1.96 AC lot

    Fully renovated, stabilized 46-unit multifamily property in a distinctive historic building, with updated in-unit amenities.

    View details
    Duplex with Two-Car Garage
    Duplex with Two-Car Garage

    54 McNutt Avenue, Albany, NY 12205

    $449,900
    1,296 sqft 0.32 AC lot

    Two one-level units feature hardwood floors, separate utilities, and individual kitchens and living rooms.

    View details
    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.

    View details
    Mixed-Use Building with Retail and Apartments
    Mixed-Use Building with Retail and Apartments

    204 Lancaster Street, Albany, NY 12201

    $599,000
    4,123 sqft 0.04 AC lot

    Ground-floor retail with two residential apartments above, plus recent capital improvements including HVAC, roof, and hot water system.

    View details
    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    260 Washington Avenue, Albany, NY 12210

    $2,450,000
    25,530 sqft 0.22 AC lot

    Multifamily and retail configuration with secure access, shared amenities, and an unfinished lower level.

    View details
    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.

    View details
    Multifamily Apartment Building
    Multifamily Apartment Building

    518 Hudson Avenue, Albany, NY 12203

    $599,000
    3,000 sqft 0.21 AC lot

    Small multifamily with seven units, off-street parking, and a mix of one- through four-bedroom apartments.

    View details
    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    137 Lancaster Street, Albany, NY 12210

    $529,000
    3,300 sqft

    Fully occupied multifamily property with full-floor units, separate utilities, and remodeled kitchens and baths.

    View details
    Mixed-Use Building with Retail Storefront
    Mixed-Use Building with Retail Storefront

    204 Lancaster Street, Albany, NY 12210

    $649,000
    4,123 sqft 0.04 AC lot

    Ground-floor retail storefront is currently used as a tailor shop, with two residential apartments above.

    View details
    Mixed-Use Corner Building
    Mixed-Use Corner Building

    558 Madison Avenue, Albany, NY 12208

    $700,000
    4,936 sqft

    Corner mixed-use building with full first-floor commercial space and three upstairs 1-bedroom units, pending renovation.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1 Mariette Place, Albany, NY 12209

    $295,000
    1,600 sqft 0.12 AC lot

    Two residential units feature individual laundry, hardwood flooring, and off-street parking.

    View details
    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    360 Madison Ave, Albany, NY 12210

    $550,000
    4,464 sqft

    Separate utilities support efficient operations across this four-unit residential property.

    View details
    Mixed-Use Property with Auto Shop
    Mixed-Use Property with Auto Shop

    187 Jefferson Street, Albany, NY 12210

    $449,777
    8,906 sqft 0.21 AC lot

    Mixed-use building with an active auto repair shop and three apartments, plus multiple garage and off-street parking spaces.

    View details

    Albany, NY Multifamily Properties Market Trends and Statistics

    Explore 384 multifamily properties for sale in Albany, NY, showcased through 384 active listings on our real estate platform. These investment opportunities span a total of 1,385,263 square feet of properties for sale, with an estimated market value of $187,189,652.

    Sale prices for multifamily properties in Albany, NY start at $40,000, averaging $553,815, and reaching up to $8,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 221
    Apartment buildings 67
    Triplexes 58
    Quadplexes 26
    Short term rental properties 8

    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 $317.3K
    12204 $336.6K
    12206 $336.7K
    12201 $359.5K
    12203 $473.7K

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Albany, NY

    Popular Searches in Albany, NY

    Popular Categories

    Most Searched ZIP Codes in Albany, NY

    • 12206
    • 12210
    • 12208
    • 12202
    • 12209
    • 12203
    • 12204
    • 12205
    • 12207
    • 12201
    • 12110

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!