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    Colonie, NY Multifamily Properties for Sale

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    Rensselaer, NY East Greenbush, NY Glenmont, NY
    154 listings
    Mixed-Use Building with Retail Frontage
    $2,600,000
    25,530 SF
    Mixed-Use Building with Retail Frontage

    260 Washington Avenue, Albany, NY 12210

    Completely renovated income property with 14 apartments and a street-front retail space, plus unfinished basement storage and expansion space.
    • 14 apartments plus 1 large retail space with frontage on Washington Avenue
    • Completely renovated 11 years ago and currently fully rented
    • Apartments include hardwood floors, granite, dishwashers, and private in‑unit laundry
    • Each unit has its own natural gas furnace and central air, with hot water heater and electric panel
    • Shared lounge or gym space and tenant storage rooms both up and down
    Updated: Jun 9
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    Three-Family Brick Home with Income Potential
    $599,000
    2,793 SF
    Three-Family Brick Home with Income Potential

    50 Glynn Street, Albany, NY 12203

    Unique three-family home with rental income and convenient location.
    • Strong investment potential with $2,500/month income from two one‑bedroom apartments.
    • Expansive 3,000 sq ft first‑floor unit featuring 5 bedrooms and 3 baths.
    • Located on a quiet dead‑end street near highways and shopping.
    • Detached two‑car garage.
    • Fenced‑in yard.
    Updated: Apr 9
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    Downtown Albany Mixed-Use Investment
    $750,000
    3,796 SF
    Downtown Albany Mixed-Use Investment

    Prime commercial storefront with three residential units in downtown Albany.

    402 Broadway, Albany, NY 12207

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    Mixed-Use Auto Shop and Apartments
    $449,777
    8,906 SF
    Mixed-Use Auto Shop and Apartments

    Mixed-use property with an operating auto repair shop plus three apartments needing renovation and dedicated parking.

    187 Jefferson Street, Albany, NY 12210

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    Downtown Albany Mixed-Use Investment
    $750,000
    3,796 SF
    Downtown Albany Mixed-Use Investment

    Prime commercial storefront with residential units in downtown Albany.

    402 Broadway, Albany, NY 12207

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    Updated Two-Family Residential Property
    $325,000
    2,880 SF
    Updated Two-Family Residential Property

    Updated two-family home with a vacant main unit, private backyard, and recent heating and hot water improvements.

    140 Grand Street, Albany, NY 12202

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    Turnkey Albany Investment Opportunity
    $529,900
    3,680 SF
    Turnkey Albany Investment Opportunity

    Three-unit property with income potential and owner-occupant options.

    64 Elm Street, Albany, NY 12203

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    Three-Family Residential Property
    $399,000
    2,688 SF
    Three-Family Residential Property

    Three-unit Albany property with two 1-bed apartments, a 3-bed main unit, private decks, and off-street parking.

    82 Dove Street, Albany, NY 12210

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    Updated Brick 6-Unit Apartment Building
    $825,000
    3,536 SF
    Updated Brick 6-Unit Apartment Building

    Remodeled six two-bedroom homes in a solid brick building with separate utilities and electric baseboard heat.

    190 S Allen Street, Albany, NY 12208

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    Updated Two-Family Duplex
    $315,000
    2,524 SF
    Updated Two-Family Duplex

    Two spacious units with recent systems and finishes, plus a possible third-unit conversion in the attic.

    22 Morris Street, Albany, NY 12208

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    Albany Multifamily with Park Views
    $339,777
    3,300 SF
    Albany Multifamily with Park Views

    Historic Albany triplex with updated apartments and park views.

    52 Park Avenue, Albany, NY 12202

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    Cash-Flowing Albany Investment Opportunity
    $299,999
    2,820 SF
    Cash-Flowing Albany Investment Opportunity

    Three-unit property in Albany's Mansion District with reliable tenants.

    72 Grand Street, Albany, NY 12202

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    Two-Family Residential Income Property
    $385,000
    2,668 SF
    Two-Family Residential Income Property

    Spacious two-unit home with separate bedroom and bathroom layouts, suited for rental income or owner-occupancy in Albany.

    149 Homestead Avenue, Albany, NY 12203

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    Albany Multifamily Development Opportunity
    $289,900
    1,176 SF
    Albany Multifamily Development Opportunity

    Package of 8 parcels with income potential in Albany.

    13 Batcher Street, Albany, NY 12202

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    Three-Unit Multifamily Property
    $250,000
    3,447 SF
    Three-Unit Multifamily Property

    Three-unit Albany income property with a flexible mix of two three-bedroom flats and a one-bedroom third-floor unit.

    103 Delaware Avenue, Albany, NY 12202

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    Two-Family Up/Down Duplex
    $325,000
    2,272 SF
    Two-Family Up/Down Duplex

    Well-maintained two-family home with separate utilities, off-street parking, and updated systems for comfortable rental living.

    631 Washington Avenue, Albany, NY 12206

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    Albany Multifamily Legacy Investment Opportunity
    $625,000
    3,564 SF
    Albany Multifamily Legacy Investment Opportunity

    Rare all-brick multifamily property near Lark Street and Washington Park.

    369 Hudson Avenue, Albany, NY 12210

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    Four-Unit Apartment Building with Garage
    $499,000
    3,630 SF
    Four-Unit Apartment Building with Garage

    Well maintained 4-unit building with updated mechanicals, coin-op laundry, and a 3-car detached garage.

    272 Morton Avenue, Albany, NY 12209

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    Updated Two-Unit Residential Income
    $349,900
    2,200 SF
    Updated Two-Unit Residential Income

    Updated two-family with off-street parking, separate utilities, and a large backyard with deck.

    447 Ontario Street, Albany, NY 12208

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    Albany Income-Producing Brownstone Duplex
    $369,900
    2,376 SF
    Albany Income-Producing Brownstone Duplex

    Meticulously maintained duplex in Albany's historic Mansion Neighborhood.

    43 Myrtle Avenue, Albany, NY 12202

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    Well-Maintained Duplex in South Colonie
    $400,000
    2,188 SF
    Well-Maintained Duplex in South Colonie

    Brick duplex in award-winning school district with modern updates.

    119 Sand Creek Road, Albany, NY 12205

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    Mixed-Use Property in Center Square
    $449,900
    3,300 SF
    Mixed-Use Property in Center Square

    Mixed-use property with commercial space and apartments in Albany, NY.

    418 Madison Avenue, Albany, NY 12210

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    Albany Brick Duplex Investment Opportunity
    $369,000
    2,050 SF
    Albany Brick Duplex Investment Opportunity

    Well-maintained duplex near SUNY Albany, ideal for investors.

    13 Fay Street, Albany, NY 12203

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    Victorian Townhouse in Center Square
    $649,000
    3,750 SF
    Victorian Townhouse in Center Square

    Award-winning Victorian townhouse with potential for rental income.

    209 Lancaster Street, Albany, NY 12210

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    Colonie, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 154 multifamily properties for sale in Colonie, NY, showcased through 154 active listings on our real estate platform. These investment opportunities span a total of 500,298 square feet of properties for sale, with an estimated market value of $64,053,276.

    Sale prices for multifamily properties in Colonie, NY start at $89,900, averaging $432,792, and reaching up to $3,900,000 — 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

    Apartment buildings 2
    Duplexes 2

    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 $433.3K
    Watervliet $449.9K
    Latham $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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