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Seven-Room Hotel Property
For Sale
$449,000

171 Cornell Avenue, Stamford, NY 13788

MultiFamily, Stamford, NY

Property Size6,934 SF
Lot Size2.94 Acres
Price / SF$64.75
Days on Market145

Property Features for 171 Cornell Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 6
Rooms Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 6, Basement, Bedroom 4, Bedroom 1
Parking features Garage, Driveway
Exterior features DirtDriveway, GravelDriveway, PropaneTankLeased
Fireplace 1
Appliances ConvectionOven, OilWaterHeater, PropaneWaterHeater, Refrigerator
Lot features Cul De Sac, Irregular Lot
Elementary school district South Kortright
Middle school district South Kortright
High school district South Kortright
Directions Turn onto Cornell Ave. Make left on treelined private road taking you to the large victorian in the center of the cul de sac
Subdivision Hobart-Village-125201
Standard status Active
APN 125201-069-017-0003-022-111
Size 6,934 SF
Lot size 2.94 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 6700

Utilities

Heating system Propane (Heating), Oil, Steam
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1886
Floors in Building 2
Number of units 5
Flooring type Varies, Hardwood
Building materials AtticCrawlHatchwaysInsulated, Frame, StructuralInsulatedPanelsSystem, VinylSiding
Roof type Membrane, Rolled Hot Mop, Rubber, Metal
Listing Agency: Jewett and Jewett LLC
Listed By: Ashley O'Malley · License #10401355852
Added: Jun 13 Changed: Oct 30 Last Checked: Nov 4 at 1:06PM
MLS# R1690456

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 6,934-square-foot property combines a seven-room hotel layout with five renovated apartments that are fully occupied. The 1886 building includes a large eat-in kitchen with two separate ranges and a rear staircase connecting directly to the kitchen. Hardwood flooring is present, and heating is provided by steam, oil, and propane systems, with wall-unit cooling.

The property occupies 2.94 acres and has public water, driveway parking, and a garage. Its existing configuration includes both guest rooms and independent apartment units.

Key Highlights

  • Seven hotel rooms and five apartment units
  • Five apartments are renovated and fully occupied
  • 6,934 square feet on 2.94 acres

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Building Supply Furniture & Home Goods Grocery & Convenience Store Big Box & Wholesale Store Butcher Cafe & Coffee Shop

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

Lease Details

5
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Hotel - Five renovated, occupied apartments complement the hospitality layout.
Where is this hotel located?
The property is located at 171 Cornell Avenue Stamford, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Seven hotel rooms and five apartment units; Five apartments are renovated and fully occupied; 6,934 square feet on 2.94 acres
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