Multifamily

Lake Placid, NY Multifamily Properties for Sale

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Ray Brook, NY Saranac Lake, NY Keene, NY
Up/Down Duplex in Village Center
Updated: Jun 10
Up/Down Duplex in Village Center

26 Parkside Drive, Lake Placid, NY 12946

$799,000
2,072 sqft · 0.19 AC lot
Duplex with two fully independent units: 2BR/1BA upstairs and 1BR/1BA lower unit
Mirror Lake views from both bedrooms in the upstairs 2BR unit
Each unit includes its own washer and dryer
Zoned Village Center with unlimited unhosted short‑term rentals of both units; no owner‑occupancy requirement
Off‑street parking plus garage; private entrance; deck
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Mixed-Use Saranac Lake Property
Historic Mixed-Use Saranac Lake Property

30 Academy Street, Saranac Lake, NY 12983

$635,000
3,126 sqft · 0.21 AC lot

Landmark property with office space and apartments in prime location.

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

14220 NYS Route 9N, Au Sable Forks, NY 12912

$295,000
8,304 sqft · 0.18 AC lot

Mixed-use property with three retail spaces and four occupied residential apartments in a central village setting.

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Saranac Lake Income-Producing Triplex
Saranac Lake Income-Producing Triplex

39 Shepard Avenue, Saranac Lake, NY 12983

$349,900
2,730 sqft

Well-maintained triplex in Saranac Lake with strong rental income.

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High-Performing Multifamily Portfolio in Ausable Forks
High-Performing Multifamily Portfolio in Ausable Forks

Au Sable Forks, NY 12912

$630,000
7,326 sqft

Well-maintained 9-unit multifamily portfolio in the heart of AuSable Forks.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cleared Acre with Utilities
Cleared Acre with Utilities

899 Clintonville Road, Peru, NY 12972

$32,500
1.00 AC lot

One-acre cleared lot with existing electric and septic system.

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Approved RV Park Development Land
Approved RV Park Development Land

L39 Flowers Way, Long Lake, NY 12847

$439,000
2.20 AC lot

Approved development for a 6-unit RV park near Long Lake.

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Approved RV Park Development Land
Approved RV Park Development Land

Long Lake, NY 12847

$439,000
2.20 AC lot

Approved development for a 6-unit RV park with utilities.

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Grand Isle Land Opportunity
Grand Isle Land Opportunity

253 US Rte 2, Grand Isle, VT 05458

$65,000
0.46 AC lot

Land with potential; existing utilities, near elementary school.

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Off-Market Properties in Lake Placid, NY

Consider similar Off-Market properties in Lake Placid, 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.

10 Conifer Cir Way
CAMPGROUND, RV PARK

10 Conifer Cir Way, Lake Placid, NY 12946-1886

Value Estimation by Request
1,320 sqft · 22.55 AC lot
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5794 Cascade Rd
MOBILE HOME PARK, TRAILER PARK

5794 Cascade Rd, Lake Placid, NY 12946-3735

$635,000
Estimated value
10,408 sqft · 51.59 AC lot
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985 Adirondack Loj Rd
CAMPGROUND, RV PARK

985 Adirondack Loj Rd, Lake Placid, NY 12946

$905,000
Estimated value
4,764 sqft · 640.40 AC lot
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Lake Placid, NY Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Lake Placid, NY on our real estate platform. These investment opportunities span a total of 2,072 square feet of properties for sale, with an estimated market value of $799,000.

Sale prices for multifamily properties in Lake Placid, NY start at $799,000, averaging $799,000, and reaching up to $799,000 — 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 1
Short term rental properties 1

Demographics Overview

Population 4,805
Population Growth (5Y) +0.3%
Median Household Income $78,261
College Educated 67.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
12946 $799K

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $18.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Office

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