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116 Cook Street Ithaca-City, NY $ 1,150,000
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$ 1,150,000 Get more info
116 Cook Street
$ 1,150,000
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116 Cook Street

Ithaca-City, NY, 14850
$ 1,150,000
Bedrooms9 Baths0.0 Sq 2,973

Monthly Estimate*

$ 7,643

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Commercial Property for sale in Ithaca-City, NY for $1,150,000 with 9 bedrooms. This 2,973 square foot building was built in 1980 on a lot size of 0.15.

Ivy League Collegetown property is highly regarded as some of the most stable, investment grade real estate in the country. Located in the heart of Cornell University’s Collegetown- This property features 10 bedrooms and can be rented in a variety of ways. Currently rented by the room, this property is prime for value add. Flexible CR-3 zoning allows for ground up redevelopment of up to 3 stories or implement a value add strategy to boost per bedroom rents to market rate. Fully renovated properties in the area can fetch $1100-$1400 per bedroom. Properties of this size, this close to Cornell in a prime Collegetown location rarely hit the open market.

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Commercial Active

Price

$ 1,150,000

Bedrooms

9

Property Type

Commercial

Taxes

$ 39,974

Style

RoomingHouse

Lot Size

0.15

Year Built

1980

Town/City

Ithaca-City

County/Region

TOMPKINS

MLS | Web ID

R1532134
Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities CableAvailable HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances Dryer Dishwasher ElectricOven ElectricRange GasWaterHeater Refrigerator Washer
Exterior Features BlacktopDriveway
Garage Spaces 0.0
Construction Materials Other SeeRemarks
Year Built 1980
Tenant Pays AllUtilities
Stories 2
Township Not Applicable
Levels Two
Property SubType RoomingHouse
County Tompkins
Property Type CommercialSale
Garage Y/N No
Status Active
Directions Cook St runs between Eddy and College Ave. Property is on the North side of the street.
High School Ithaca Senior High
City Ithaca-City
High School District Ithaca
Total Units 2
MLS Area Ithaca-City-500700
Waterfront Y/N No
Street Name Cook
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 39974.0
Middle/Junior High School Dewitt Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 700000
TaxOtherAnnualAssessmentAmount 0.0
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Interior
Basement Full
Flooring Hardwood Tile Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Total Bedrooms 9
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features ThreeormoreSpaces NoGarage
Lot Features Rectangular ResidentialLot
Water Source Connected Public
Lot Size Area 0.15
Building Area Total 2973.0
Lot Dimensions 50X132
Lot Size Acres 0.15
Lot Size Units Acres
Road Frontage Type CityStreet
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Howard Hanna S Tier Inc

Broker

(607) 342-2148

Phone

Affordability Calculator

$10,974
Per Month
70%
30%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
$3,331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4570519 Elementary School
4559580 Middle School
Ithaca Senior High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2024$1,150,000 Listed Price

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116 Cook Street, Ithaca-City, NY, 14850 is a Commercial Property for sale at $1,150,000 with 2,973 sqft and a lot size of 0.15. 116 Cook Street has 9 bedrooms, 0.0 baths, and was built in 1980. The property's zip code is 14850 which is in Ithaca-City, NY

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