Address
116 Cook Street, Ithaca-City, NY
Price
$ 1,150,000
Property Attributes
- MLS#R1532134
- TypeCommercial
- CountyTOMPKINS
- CityIthaca-City
- AreaIthaca-City
- Zip14850
- StyleRoomingHouse
- Year Built1980
- Taxes$ 39974
- Price$ 1,150,000
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2973
- Lot Size6,534 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Belle Sherman Elementary School | Dewitt Middle | Ithaca Senior High |
| Price History | |
|---|---|
| 4/16/2024 | Listed $1,150,000 |
General Features
| 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 |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Hardwood,Tile,Varies |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Street |
| Total Bedrooms | 9 |
Exterior Features
| 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 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 14850
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: 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 NextHome
