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    Colonie, NY Multifamily Properties for Sale

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    332 properties
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    Eight-Unit Brick Apartment Buildings
    Updated: Sep 9
    Eight-Unit Brick Apartment Buildings

    97-99 Homestead, Albany, NY 12203

    $1,199,900
    6,184 sqft 0.34 AC lot
    8 apartments across two brick buildings at 97 and 99 Homestead Avenue
    6 total garage bays with a shared driveway and additional off‑street parking
    6,184 square feet on 0.34 acres; buildings constructed in 1940
    Basement storage and shared coin‑operated laundry
    Updated interiors with hardwood floors, solid‑surface counters, and ceramic tile baths
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    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
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    Mixed-Use Four-Building Assemblage
    Mixed-Use Four-Building Assemblage

    162-170 Jefferson Street, Albany, NY 12210

    $2,300,000
    10,000 sqft 0.03 AC lot

    Eight apartments accompany a bar and restaurant with included furnishings, fixtures, equipment, and a full kitchen.

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    See what stands out in Albany County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Victorian Five-Unit Apartment Building
    Victorian Five-Unit Apartment Building

    141 S Allen Street, Albany, NY 12208

    $550,000
    6,377 sqft 0.66 AC lot

    Historic multifamily property with updated mechanical systems, separate utilities, laundry facilities, and a private backyard.

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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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    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.

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    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.

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    Eight-Unit Brick Apartment Buildings
    Eight-Unit Brick Apartment Buildings

    97-99 Homestead, Albany, NY 12203

    $1,199,900
    6,184 sqft

    Updated apartments include hardwood floors, open layouts, and shared laundry facilities.

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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 Brick Multifamily Building
    5-Unit Brick Multifamily Building

    169 Elk St, Albany, NY 12210

    $584,000
    3,600 sqft

    Five-unit brick apartment property with updated windows, separate utility metering, and current Certificates of Occupancy.

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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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    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.

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

    201 Park Ave, Albany, NY 12202

    $8,750,000
    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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    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.

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    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.

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    Mixed-Use Building with Retail Space
    Mixed-Use Building with Retail Space

    204 Lancaster Street, Albany, NY 12201

    $599,000
    4,123 sqft 0.04 AC lot

    Ground-floor retail space is paired with two residential apartments.

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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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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    27 Delafield Drive, Colonie, NY 12205

    $459,900
    2,460 sqft 0.22 AC lot

    Updated mechanical systems, a newer roof, and a fenced yard add practical value to this flexible residential property.

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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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    Two-Family Duplex with Hardwood Floors
    Two-Family Duplex with Hardwood Floors

    791-793 Park Avenue, Albany, NY 12208

    $250,000
    2,518 sqft 0.09 AC lot

    Two-family residential property with steam heat, hardwood and tile flooring, and street parking.

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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

    Brick multifamily property with established access to colleges, hospitals, dining, shopping, transit, and downtown Albany.

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    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.

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    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.

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    Street-to-Street Mixed-Use Property
    Street-to-Street Mixed-Use Property

    187 Jefferson Street, Albany, NY 12210

    $449,777
    8,906 sqft 0.21 AC lot

    Existing auto repair operations accompany three apartments requiring renovation.

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    Colonie, NY Multifamily Properties Market Trends and Statistics

    Explore 332 multifamily properties for sale in Colonie, NY, showcased through 332 active listings on our real estate platform. These investment opportunities span a total of 1,148,031 square feet of properties for sale, with an estimated market value of $166,209,070.

    Sale prices for multifamily properties in Colonie, NY start at $40,000, averaging $502,142, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Apartment buildings 2
    Triplexes 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) -4.3%
    Median Household Income $84,320
    College Educated 66.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Albany - 12205 $299K
    Schenectady - 12304 $500K
    Latham - 12110 $3.9M

    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

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    Most Searched ZIP Codes in Colonie, NY

    • 12206
    • 12210
    • 12208
    • 12202
    • 12203
    • 12209
    • 12204
    • 12205
    • 12207
    • 12201
    • 12304

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