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Boutique Hotel with Rental Apartments
For Sale
$529,000

171 Cornell Avenue, Stamford, NY 13788

MULTI_FAMILY - Stamford, NY

Property Size6,934 SF
Lot Size2.94 Acres
Price / SF$76.29
Days on Market48

Property Features for 171 Cornell Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Basement, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
Parking features Paved or Surfaced
Interior features Attic
Exterior features PropaneTankLeased
Fireplace 1
Appliances OilWaterHeater, PropaneWaterHeater
Lot features Cul De Sac, Irregular Lot, Residential Lot
Elementary school district South Kortright
Middle school district South Kortright
High school district South Kortright
Subdivision Hobart-Village-125201
Standard status Active
APN 125201-069-017-0003-022-111
Size 6,934 SF
Lot size 2.94 Acres

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 4
Flooring type Hardwood, Varies
Building materials AtticCrawlHatchwaysInsulated, Frame, StructuralInsulatedPanels, VinylSiding
Roof type Rubber, Metal, Rolled Hot Mop, Membrane
Listing Agency: Jewett and Jewett LLC
Listed By: Ashley O'Malley · License #10401355852
Added: Jun 14 Changed: Jul 12 Last Checked: Jul 31 at 8:06AM
MLS# R1690543

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.

Investment Insights

Based on property information with market context.

This distinctive hospitality property combines a 7-room boutique hotel configuration with five independent apartment units. The apartment units are described as completely renovated and fully occupied. The main building is reconfigured for guest lodging, with a private luxury bathroom added to units and a large eat-in country kitchen featuring dual independent ranges.

The property is sited on 2.94 acres and is located at 171 Cornell Avenue in Stamford, Delaware County, New York. Public remarks describe it as part of Hobart’s historic Book Village area and positioned in a Catskills lodging corridor between Margaretville, Delhi and Stamford, between ski mountains and right off major regional snowmobile trails.

Additional details noted include an interior private rear staircase flowing into the kitchen. The property is described as a historic 1886 landmark “House on the Hill.”

Key Highlights

  • 1886 landmark property with a 7‑room boutique hotel setup plus 5 income units
  • 3‑acre parcel and main building reconfigured into seven hotel rooms with private luxury bathroom added to units
  • Five independent apartments reported as completely renovated and fully occupied

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 - Property includes seven hotel rooms plus five fully occupied, renovated income units on 2.94 acres.
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 $529,000.
What are key features of this property?
This property features: 1886 landmark property with a 7‑room boutique hotel setup plus 5 income units; 3‑acre parcel and main building reconfigured into seven hotel rooms with private luxury bathroom added to units; Five independent apartments reported as completely renovated and fully occupied
More about this property
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