108 S Albany Street Ithaca City, NY ^$ 479,000

108 S Albany Street

^$ 479,000

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108 S Albany Street

Ithaca City, NY, 14850

^$ 479,000

Bedrooms-- Baths-- Sq 2,692

Monthly Estimate*

^$ 2,949

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Commercial Property for sale in Ithaca City, NY for $479,000. This 2,692 square foot building was built in 1974 on a lot size of 0.0884.

Prime Downtown Ithaca Investment Opportunity! This property features 7-8 office spaces with a proven rental history, ensuring steady income. Just 3 blocks from The Commons, this location provides high visibility and convenience. Whether you're an investor seeking stable returns or an owner-occupant looking to establish roots in the heart of Ithaca, this is your opportunity. Don't miss this versatile and income-generating property in one of Ithaca's commercial corridors!

Commercial Active

Price

^$ 479,000

Property Type

Commercial

Taxes

^$ 10,039

Style

Office

Lot Size

0.0884

Year Built

1974

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1668993

Features

General

Heating Gas ForcedAir

Utilities SewerAvailable WaterAvailable

Possession CloseOfEscrow

Roof Asphalt

Zoning CBD-50

School District Ithaca

Year Built 1974

Stories Count 3

Township Not Applicable

Property Subtype Office

County Tompkins

Property Type CommercialSale

Possible Use Office Service

Status Active

Directions Take West State Street to South Albany Street.

City Ithaca City

High School District Ithaca

Zoning Description Business

Number Of Units Total 8

MLS Area Ithaca-City-500700

Lot Size Units Acres

Elementary School Fall Creek Elementary

Year Built Details Existing

Tax Annual Amount 10039.0

Property Condition Resale

Lease Considered Y/N No

Standard Status Active

Middle/Junior School District Ithaca

Elementary School District Ithaca

Tax Assessed Value 300000

TaxOtherAnnualAssessmentAmount 0.0

Property Sub Type Additional Office Commercial

Interior

Total Fireplaces 0

Total Stories 3

Heating Y/N Yes

Fireplace Y/N No

Main Level Bathrooms 0

Total Baths 0

Exterior

Lot Features Rectangular RectangularLot

Total Parking 2.0

Inclusions Building Only

Lot Size Area 0.0884

Number of Buildings 1

Building Area Total 2692.0

Lot Dimensions 35X110

Lot Size Acres 0.0884

Waterfront Y/N No

Internal Only

Street Number 1 108

* Excluded Features

List By

Howard Hanna S Tier Inc

Broker

(607) 382-1343

Phone

Affordability Calculator

$3,786

Per Month

Monthly Principal & Interest: $2,949
Monthly Property Taxes: $837
Monthly Home Insurance: --

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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

Trends
Schools

About Ithaca, NY

32,079 Population

8% Since 2002

^$37,035 Median Income

23.06 Median Age

12% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5133754 Elementary School

3323858 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2026	$479,000		Listed Price

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108 S Albany Street, Ithaca City, NY, 14850 is a Commercial Property for sale at $479,000 with 2,692 sqft and a lot size of 0.0884. 108 S Albany Street was built in 1974. The property's zip code is 14850 which is in Ithaca City, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.

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 Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2026 All rights reserved.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

Data is updated as of 3/29/2026.

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