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Historic Hotel with Apartment Potential
For Sale
Contact for pricing
Pending

3 Academy Street, Stamford, NY 12167

Built in 1890 and currently partially stripped, this property retains original interior details and features rebuilt porches.

Property SizeContact for details
Days on Market122

Property Features for 3 Academy Street

General Information

Standard status Pending
Property subtype Mixed Use
Listing Agency: Coldwell Banker Timberland Properties Stamford
Listed By: Robert Schneider · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 10 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Timberland Properties Stamford

Investment Insights

Based on property information with market context.

The Cottage Hotel is a historic property built in 1890 and was originally used as a summer hotel until about 1940. After WWII, it was converted into five apartments with office space. Today, there is one usable apartment, while the remainder of the building has been stripped to the studs and awaits renovation, with the structure described as structurally sound.

The building retains original interior elements including the staircase, newel posts, and paneling, and the owner has kept period woodwork and decorative trim. The porches have been rebuilt, and the original posts and associated mill-work are stored on-site for reuse. Additional improvements include six new electric service panels and two new propane heating units.

The property is estimated to be between 4,000 and 5,000 square feet and is located at 3 Academy Street in Stamford, New York.

Key Highlights

  • Built in 1890 as a summer hotel; later converted after WWII into 5 apartments and office space.
  • Currently has 1 usable apartment, with the remaining units stripped to the studs.
  • Structurally sound with original staircase, newel posts, and retained period woodwork and decorative trim.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick HVAC Service Hair Salon Auto Parts Store Storage Facility Furniture & Home Goods Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 12167, NY

2,342
Population
1,486
Households
1.6
Avg Household Size
52
Median Age
21%
College-Educated
91%
High-School Grad
53.5 sq mi
ZIP Area
44
Density / Sq Mi
$58,950
Median Household Income
$31,481
Median Earnings
$838
Median Rent
$192,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Built in 1890 and currently partially stripped, this property retains original interior details and features rebuilt porches.
Where is this hotel located?
The property is located at 3 Academy Street Stamford, NY.
What are key features of this property?
This property features: Built in 1890 as a summer hotel; later converted after WWII into 5 apartments and office space.; Currently has 1 usable apartment, with the remaining units stripped to the studs.; Structurally sound with original staircase, newel posts, and retained period woodwork and decorative trim.
(607) 746-7400 Call to check price and availability
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