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204-208-210 W Spencer Street Ithaca City, NY $ 2,100,000
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204-208-210 W Spencer Street
$ 2,100,000
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204-208-210 W Spencer Street

Ithaca City, NY, 14850
$ 2,100,000
Bedrooms-- Baths-- Sq 10,230

Monthly Estimate*

$ 13,101

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Commercial Property for sale in Ithaca City, NY for $2,100,000. This 10,230 square foot building was built in 1975 on a lot size of 0.61.

Offered for the first time in nearly half a century, this exceptionally well-maintained multifamily portfolio has been in the same family for 49 years. The property includes a total of 19 fully rented apartment units, each with dedicated parking. Located in the heart of Ithaca - close to public transportation, shopping, restaurants, Ithaca College, and Cornell University. This is an unbeatable investment in one of the most sought -after rental markets in the area. Addresses included: 204, 206, 208, & 210 W Spencer Street, Package Price of 2.1M. Long - term care, numerous updates, a prime location, and strong rental history make this a rare opportunity you won't want to miss.

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Commercial Active

Price

$ 2,100,000

Property Type

Commercial

Taxes

$ 40,090

Style

Apartment

Lot Size

0.61

Year Built

1975

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1651975
Features
General
Heating Gas Zoned Baseboard HotWater
Cooling Zoned
Utilities WaterConnected
Possession Closing
Roof Asphalt
Zoning R-3B
School District Ithaca
Year Built 1975
Stories Count 3
Township Not Applicable
Property Subtype Apartment
Additional Parcels Description 500700-093-000-0006-009-000-0000
County Tompkins
Property Type CommercialSale
Possible Use Residential
Total Rooms 33
Status Active
High School Ithaca Senior High
City Ithaca City
High School District Ithaca
Zoning Description Residential Multi Use
Number Of Units Total 19
MLS Area Ithaca-City-500700
Lot Size Units Acres
Elementary School South Hill
Year Built Details Existing
Tax Annual Amount 40090.0
Middle/Junior High School Boynton Middle
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://listings.immersionfactory.co/sites/pgneoob/unbranded
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 1350000
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Apartment
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Interior
Basement Full Partial
Flooring Hardwood Linoleum Varies Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Driveway Surfaced
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 19.0
Inclusions Building Only
Lot Size Area 0.61
Number of Buildings 4
Building Area Total 10230.0
Lot Dimensions 185X195
Lot Size Acres 0.61
Waterfront Y/N No
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Internal Only
Street Number 1 204
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* Excluded Features
List By
Howard Hanna S Tier Inc

Broker

(917) 887-5458

Phone

Affordability Calculator

$16,442
Per Month
80%
20%
0%
Monthly Principal & Interest
$13,101
Monthly Property Taxes
$3,341
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4570497 Elementary School
4006388 Middle School
Ithaca Senior High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/21/2025$2,100,000 Listed Price

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204-208-210 W Spencer Street, Ithaca City, NY, 14850 is a Commercial Property for sale at $2,100,000 with 10,230 sqft and a lot size of 0.61. 204-208-210 W Spencer Street was built in 1975. The property's zip code is 14850 which is in Ithaca City, NY

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