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    Lake Placid, NY Multifamily Properties for Sale

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    Ray Brook, NY Saranac Lake, NY Keene, NY Wilmington, NY Keene Valley, NY Jay, NY Bloomingdale, NY Upper Jay, NY
    10 properties
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    Riverfront Short-Term Rental Property
    Updated: Sep 28
    Riverfront Short-Term Rental Property

    50-56 Alpine Lane, Lake Placid, NY 12946

    $2,495,000
    4,562 sqft 7.09 AC lot
    7.09 acres, including 4.77 acres in the Village of Lake Placid and 2.32 acres in the Town of North Elba
    4,562 square feet of improvements; buildings date to 1940
    River frontage, with the property adjacent to Power Pond Park
    Hamlet classification by the Adirondack Park Agency
    Public water and public sewer
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    Equestrian Property with Guest Apartment
    Updated: Jul 25
    Equestrian Property with Guest Apartment

    143 AVERYVILLE LN., Lake Placid, NY 12946

    $679,888
    7,000 sqft 1.32 AC lot
    1.32‑acre equestrian property in Lake Placid
    7,000 square feet with a main residence and separate two‑story apartment
    Four‑stall horse barn with hay loft and three‑sided shed
    Multiple electric‑fenced corrals with double 12‑foot gates
    Heated two‑car garage with 9,000‑lb vehicle lift and 220‑volt service
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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    2276-2284 Saranac Avenue, Lake Placid, NY 12946

    $2,060,000
    9,227 sqft 0.95 AC lot

    Two buildings combine residential units, office suites, a cottage, parking, and shared tenant amenities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    9-Unit Two-Bedroom Apartment Building
    9-Unit Two-Bedroom Apartment Building

    5983 Sentinel Rd, Lake Placid, NY 12946

    $1,165,000

    Each residence includes a full kitchen and bathroom, with on-site parking and access to a nearby trolley stop.

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    Mixed-Use Building with Rental Units
    Mixed-Use Building with Rental Units

    2720 Main Street, Lake Placid, NY 12946

    $695,000
    3,888 sqft 0.20 AC lot

    Fully leased configuration combines apartments with office and retail space in a Village Center district setting.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    41 School Street, Lake Placid, NY 12946

    $375,000
    1,518 sqft

    Two apartment units offer open layouts, bright interiors, and refreshed bathrooms in a walkable Lake Placid setting.

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    Quadplex with Separate Buildings
    Quadplex with Separate Buildings

    113 Parkside Drive, Lake Placid, NY 12946

    $575,000
    3,712 sqft 0.20 AC lot

    Four rented apartments across two buildings with shared laundry, on-site parking, and separately metered utilities.

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    Historic Duplex with Horse Facilities
    Historic Duplex with Horse Facilities

    Lake Placid, NY 12946

    $679,888
    1.32 AC lot

    Historic duplex with a separate apartment, garages, workshop, and equestrian improvements on a rural New York property.

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    Duplex with Lake Views
    Duplex with Lake Views

    26 Parkside Drive, Lake Placid, NY 12946

    $799,000
    2,072 sqft 0.19 AC lot

    Two self-contained apartments offer flexible residential income and short-term rental use near downtown Lake Placid.

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    10-Unit Mixed-Use Property
    10-Unit Mixed-Use Property

    2276-2284 Saranac Avenue, Lake Placid, NY 12946

    $2,060,000

    Two commercial buildings combine apartments, office suites, a cottage, parking, and shared tenant amenities.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 10 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

    Opportunities in Nearby Cities

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

    Apartment Building with Balconies
    Apartment Building with Balconies

    9 River Street, Saranac Lake, NY 12983

    $1,200,000
    6,811 sqft 0.27 AC lot

    Historic multifamily property with lake proximity, renovated space, and shared outdoor areas.

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    Turnkey Mixed-Use Property
    Turnkey Mixed-Use Property

    14233 Main St, Au Sable Forks, NY 12912

    $378,995
    1.50 AC lot

    Downtown mixed-use building with two commercial tenants and three residential units, with recent systems work completed.

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    Waterfront Four-Unit Apartment Building
    Waterfront Four-Unit Apartment Building

    317 Lake Flower Avenue, Saranac Lake, NY 12983

    $649,000

    Three-floor apartment configuration includes varied unit sizes, individual entrances and a dock on Lake Flower.

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

    Au Sable Forks, NY 12912

    Contact for pricing
    7,326 sqft

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

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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

    Estimated value:
    $330,000
    1,320 sqft 22.55 AC lot
    View details
    5794 Cascade Rd
    MOBILE HOME PARK, TRAILER PARK

    5794 Cascade Rd, Lake Placid, NY 12946-3735

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

    985 Adirondack Loj Rd, Lake Placid, NY 12946

    Estimated value:
    $905,000
    4,764 sqft 640.40 AC lot
    View details

    Lake Placid, NY Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Lake Placid, NY, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 31,979 square feet of properties for sale, with an estimated market value of $11,583,776.

    Sale prices for multifamily properties in Lake Placid, NY start at $375,000, averaging $1,158,377, and reaching up to $2,495,000 — 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 3
    Duplexes 3
    Short term rental properties 2
    Quadplexes 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 $1.2M

    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)

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