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20-24 Main Street

Stamford, NY 12167
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Bed 22

Bed

Bath 0

Bath

SqFt22,832

Sqft

Acres6.30

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $850,000

AD Id : 88470758

MLS Id : R1701245

Beds : 22

Lot Size : 6.30 Acres

Living Area Size : 22,832

Year Built : 1900

County : Delaware

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Feature Features

  • Bedroom Information

    Total beds: 22

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Hardwood, Varies, Vinyl
  • Roofing Information

    Asphalt, Membrane, Rubber
  • Interior Features

    Roof: Asphalt, Membrane, Rubber Appliances: Water Heater Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Baseboard

  • Building Information

    Year Built: 1900 Building Area Total: 22832 Construction Materials: Blown-In Insulation, Frame, Vinyl Siding Stories: 3 Patio And Porch Features: Covered, Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 614X339 Main Square Feet: 6.3 Acres Lot Size Acres: 6.3 Lot Description: Irregular Lot

  • Listing Price Information

    Listing Price: $850000 Cash

  • Tax Information

    Parcel Number: 54.10-5-3.1 Annual Tax: $17975

  • Parking Information

    Parking Total: 2 No Garage, Gravel

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
688 Bruce Porn Road, Stamford, NY, 12167 $2,750,000 4 3 2,007 2,007 SqFt
519 Shew Hollow Road, Stamford, NY, 12167 $375,000 4 1 1,224 1,224 SqFt
108 Wildberry Drive, Stamford, NY, 12167 $525,000 3 2 2,000 2,000 SqFt
1563 Tower Mountain Road, Stamford, NY, 12167 $529,000 4 4 3,850 3,850 SqFt
51 Main Street, Stamford, NY, 12167 $199,000 3 2 2,112 2,112 SqFt
23 Prospect Street, Stamford, NY, 12167 $218,500 5 3 3,400 3,400 SqFt
4 S Delaware Street, Stamford, NY, 12167 $237,500 2 2 1,307 1,307 SqFt
32 River Street, Stamford, NY, 12167 $219,900 3 1 1,080 1,080 SqFt
30 River Street, Stamford, NY, 12167 $279,000 4 3 2,096 2,096 SqFt
29 Lake Street, Stamford, NY, 12167 $415,000 6 3 2,798 2,798 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 08/09/2026 @ 03:58

MLS: R1701245 LISTED BY: Stacey Camilleri, Keller Williams Upstate NY Properties 607-431-2540 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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