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Boutique Hotel and Rental Compound
For Sale
$529,000

171 Cornell Ave, Stamford, NY 13788

A 7-room boutique hotel plus five renovated, occupied income units on a three-acre hospitality compound in the Catskills.

Property Size6,934 SF
Lot Size3.00 Acres
Days on Market50

Property Features for 171 Cornell Ave

General Information

Standard status Active
Size 6,934 SF
Lot size 3.00 Acres
Property subtype Investment

Additional Details

Business Included Yes
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $6,700

Building Details

Building Size 6,934 SF
Year Built 1886
Stories 2
Units 5
Tenancy Multi
Listing Agency: Jewett and Jewett LLC
Listed By: Ashley O'Malley · License #10401355852
Source: Elliman
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 9 at 9:46AM

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 Jewett and Jewett LLC

Investment Insights

Based on property information with market context.

This hospitality compound includes a main building originally dating to 1886 and configured as a boutique hotel offering seven hotel rooms. In addition, there are five independent apartment units that have been fully renovated and are described as currently occupied. The main-level layout features a large eat-in country kitchen with dual independent ranges, and the property includes a private rear staircase that flows directly into the kitchen, designed to support guest privacy. The hotel room setup is described as including private luxury bathrooms, and the grounds total approximately three acres.

Located at 171 Cornell Ave in Stamford, New York, the property is presented as being in the Book Village area of the Catskills. The remarks describe the site as being positioned in a tourist corridor between Margaretville, Delhi, and Stamford, with proximity to multiple ski mountains and regional snowmobile trails.

For operators and investors, the configuration offers a combination of on-property lodging and apartment income within a single asset. It is also positioned to support hospitality-oriented uses tied to group stays, events, and multi-day visits, given the emphasis on the compound-style grounds and the guest-friendly internal layout described in the materials.

Key Highlights

  • 1886 landmark property operating as a 7‑room boutique hotel plus five renovated, fully occupied income units
  • 5 income units are described as completely renovated and fully occupied
  • Main building reconfigured into seven full hotel rooms, including a private luxury bathroom added to units

Property Analytics

Current Use

Hotels

Lease Details

5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 13788, NY

870
Population
646
Households
1.3
Avg Household Size
51
Median Age
42%
College-Educated
93%
High-School Grad
34.6 sq mi
ZIP Area
25
Density / Sq Mi
$95,329
Median Household Income
$44,583
Median Earnings
$740
Median Rent
$222,000
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 - A 7-room boutique hotel plus five renovated, occupied income units on a three-acre hospitality compound in the Catskills.
Where is this hotel located?
The property is located at 171 Cornell Ave Stamford, NY.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: 1886 landmark property operating as a 7‑room boutique hotel plus five renovated, fully occupied income units; 5 income units are described as completely renovated and fully occupied; Main building reconfigured into seven full hotel rooms, including a private luxury bathroom added to units
More about this property
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