USANYStamford24-20-24 Main St
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$850,000

For Sale

A month ago

24 - 20-24 Main St, Stamford, NY

MLS® R1701245

22 Bed

0 Bath

22832 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 22832 sqft
Garage No
HOA Fees 
Taxes $17,975
Days Active 43
Approx. Age 1900
Avg. Price Per Sqft $37
MLS® Number R1701245

Property Address: 24-20-24 Main St, Stamford, NY, 12167-1118

Average square foot calculated using Size range provided by listing agent.

Description

Unlock exceptional potential and substantial value-added with this unique commercial investment property situated on 6.30 sprawling acres. This expansive compound features two main structures, offering multiple avenues for rehabilitation, development, and massive future rental upside. The centerpiece of the property is the main apartment building, a massive, three-story multi-family structure boasting 22, 832 square feet of building space. This building houses a diverse mix of studios, 1-bedroom, 2-bedroom, and 3-bedroom units (with 22 total apartments), alongside a dedicated commercial laundry room currently under a 10-year lease and a small office space with tons of storage. While several units are occupied, 3 apartments are down to the studs providing a blank canvas to renovate, lease at top-tier market rents, and exponentially drive up your Net Operating Income. The full basement also offers bedrock-solid infrastructure and raw waiting/storage space with the distinct potential to build out and rent private tenant storage units for an additional monthly revenue stream. Adjacent to the apartment building sits a standalone, single-family residential house featuring a 3-bedroom, 2-bathroom layout with a full basement. Currently in need of renovation, this asset allows you to finish the build to your exact specifications to create a premium rental asset or an ideal owner-manager's quarters. Positioned on 6.30 acres of beautiful Catskill terrain, this property offers a park-like yard bordered by a scenic stream and nature walk. Bring your vision, tools, and contractor to unlock the full cash-flow potential of the Cold Spring Apartments compound.
MLS® NumberR1701245
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated
Exposure
Exterior
GarageNo
Approx. Age1900
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOil, Baseboard
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 27, 2026List Date
$850,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
20-24 Main St, Stamford, NY

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