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146-148 E State Street Ithaca City, NY $ 1,100,000
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146-148 E State Street
$ 1,100,000
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146-148 E State Street

Ithaca City, NY, 14850
$ 1,100,000
Bedrooms-- Baths-- Sq 4,520

Monthly Estimate*

$ 6,773

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Commercial Property for sale in Ithaca City, NY for $1,100,000. This 4,520 square foot building was built in 1920 on a lot size of 0.05.

Two mixed-use buildings on one tax lot in Ithaca Commons. 100% occupied, income-producing asset with strong tenant history in a prime Downtown Ithaca location. Well maintained property comes with entitlements for a second floor office to residential conversion. 3,660 SF Building. 2,000 SF Lot Size (0.046 acres) CBD-60 Central Zoning class Business District. HVAC updated approximately 5 years ago. Roof replaced approximately 10 years ago. Completely Separate Utilities. 3 gas meters 3 electric meters 2 water meters

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 21,308

Style

Lot Size

0.05

Year Built

1920

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

S1660843
Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Utilities SewerConnected
Possession CloseOfEscrow
Roof Membrane Rubber
Zoning CBD-60
School District Ithaca
Year Built 1920
Electric Volts220
Stories Count 3
Township Not Applicable
Gross Income 111000.0
County Tompkins
Net Operating Income 77060.0
Operating Expense 12632.0
Property Type CommercialSale
Building Features Other SeeRemarks
Status Active
Directions Ithaca Commons Location between North Tioga Street & South Cayuga Street on the Northside of the Commons.
City Ithaca City
High School District Ithaca
Zoning Description Business
Number Of Units Total 0
MLS Area Ithaca-City-500700
Lot Size Units Acres
Lot Size Square Feet 2178.0
Year Built Details Existing
Tax Annual Amount 21308.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 525000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 20
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Interior
Basement Full
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 None
Lot Features Rectangular RectangularLot
Total Parking 0.0
Inclusions Building Only Equipment
Lot Size Area 0.05
Number of Buildings 2
Building Area Total 4520.0
Lot Dimensions 20X59
Lot Size Acres 0.05
Waterfront Y/N No
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Internal Only
Street Number 1 146
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* Excluded Features
List By
Cny Broker Llc

Broker

(315) 558-2277

Phone

Affordability Calculator

$8,549
Per Month
79%
21%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$1,776
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3040071 Elementary School
3041095 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2026$1,100,000 Listed Price

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146-148 E State Street, Ithaca City, NY, 14850 is a Commercial Property for sale at $1,100,000 with 4,520 sqft and a lot size of 0.05. 146-148 E State Street was built in 1920. The property's zip code is 14850 which is in Ithaca City, NY

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