7-Room Hotel with Income
For Sale
$529,000
171 Cornell Ave, Stamford, NY 13788
Historic hospitality property combines guest accommodations, renovated apartments, and a large eat-in kitchen.
Property Size6,934 SF
Lot Size3.00 Acres
Price / SF$76.29
Days on Market16
Property Features for 171 Cornell Ave
General Information
Standard status
Active
Size
6,934 SF
Lot size
3.00 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
5
Building Details
Year Built
1886
Tenancy
Multi
Listing Agency:
Jewett and Jewett LLC
(561) 542-1885
Listed By:
Ashley O'Malley · License #10401355852
Source:
Skinnercnyrealty
Added: Aug 13
Changed: Aug 28
Last Checked: Aug 28 at 7:47AM
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.
Built in 1886, this 6,934-square-foot hospitality property includes a main building configured with seven hotel rooms and five independent apartments. The apartments are renovated and fully occupied, while the principal building features an expansive eat-in country kitchen with two separate ranges. A rear staircase provides direct access to the kitchen while keeping guest circulation separate.
The property encompasses 3 acres at 171 Cornell Ave in Stamford, NY, within the Catskills region. Its configuration supports hotel, bed-and-breakfast, or event-oriented hospitality uses, subject to applicable approvals. The combination of guest rooms, apartment accommodations, substantial grounds, and shared kitchen facilities creates a flexible compound-style operating layout.
The property encompasses 3 acres at 171 Cornell Ave in Stamford, NY, within the Catskills region. Its configuration supports hotel, bed-and-breakfast, or event-oriented hospitality uses, subject to applicable approvals. The combination of guest rooms, apartment accommodations, substantial grounds, and shared kitchen facilities creates a flexible compound-style operating layout.
Key Highlights
- 7 hotel rooms in the main building
- 5 renovated, fully occupied independent apartments
- 6,934 square feet on 3 acres
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Hotel - Historic hospitality property combines guest accommodations, renovated apartments, and a large eat-in kitchen.
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: 7 hotel rooms in the main building; 5 renovated, fully occupied independent apartments; 6,934 square feet on 3 acres
