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    Stamford Multi-Unit Income Opportunity Title is generated by Realmo AI

    7 Holly Tree Rd, Stamford, NY 12167

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    Claim this Listing
    For Sale
    $649,000

    Carriage House, Multi-Unit (2-4) - Stamford, NY

    Property size:
    5,000 SF
    Lot size:
    0.81 Acres
    Price / SF:
    $129/SF
    Added:
    Jan 15, 2026
    Days on Market:
    146
    Last Refresh:
    Jun 10 at 6:06 pm

    Property Features for 7 Holly Tree Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    600
    Bedrooms
    9
    Bathrooms
    5
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Refrigerator
    Standard status
    Active
    APN
    000000-054.000-0002-016.000
    Size
    5,000 SF
    Lot size
    0.81 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6747

    Utilities

    Heating system
    Baseboard, Oil

    Building Details

    Year built
    1968
    Year renovated
    1968
    Floors in Building
    3
    Flooring type
    Vinyl
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Tammy Silvestri-Putnam

    Listing agent Tammy Silvestri-Putnam

    Listing office BETTER SPACES REALTY 125 Donats Brow Lane PO Box 351, COBLESKILL, NY

    Listing date Jan 15, 2026

    MLS# 11630252 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent income opportunity with 3 fully occupied apartments generating positive cash flow.
    • High rental income: Annual Gross Rent $60,000.
    • Separate metering for each unit: Tenants pay their own heat and electric.
    • New roof and 2 new furnaces.
    • Potential to develop another rental income unit or use for landlord storage.
    • Each unit has a private entry and use of the yard.

    Overview

    This property in Stamford, NY, presents an income opportunity with three apartments comprising a total of 13 bedrooms and 5 baths. Each unit has a private entry and access to the yard. Apartment 1 features 4 bedrooms and 1 bath, Apartment 2 offers 4 bedrooms and 2 baths, and Apartment 3 includes 5 bedrooms and 2 baths. The units are fully occupied and generate positive cash flow. Each unit is separately metered, and tenants are responsible for their own heat and electric expenses. The property features a new roof and two new furnaces. The landlord is responsible for lawn care and snow removal. The property, situated on a 0.81-acre lot, offers approximately 5000 square feet of living space and is zoned 600. There is potential to develop another rental income or use the space for landlord storage. The annual gross rental income is $60,000. Financial information is available upon request.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $96.0k $19.20
    − Vacancy −$13.2k −$2.63
    EGI $82.8k $16.57
    − OpEx −$24.9k −$4.97
    NOI $58.0k $11.60
    5,000 SF · lease $19.20/SF/yr · vacancy 13.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $828.5K
    $724.9K – $966.6K (±1% cap)
    NOI $57,994 @ 7.0% cap · market cap 8.94%
    Second Best
    Apartment 5plus
    $758.2K
    $663.4K – $884.5K (±1% cap)
    NOI $53,071 @ 7.0% cap · market cap 8.18%
    Theoretical Best
    Office A
    $2.45M
    $2.15M – $2.86M (±1% cap)
    NOI $171,720 @ 7.0% cap · market cap 26.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rite Aid Photo (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Delaware
    State
    New York
    Longitude
    -74.625597
    Latitude
    42.411966

    FAQs

    What type of property is this?
    Triplex - Three apartments, thirteen bedrooms, positive cash flow in Stamford, NY.
    Where is this triplex located?
    The property is located at 7 Holly Tree Rd Stamford, NY.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: Excellent income opportunity with 3 fully occupied apartments generating positive cash flow.; High rental income: Annual Gross Rent $60,000.; Separate metering for each unit: Tenants pay their own heat and electric.
    More about this property
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