Listing Courtesy of: 607-342-2148 - Kyle Steele - Howard Hanna S Tier Inc
607-257-0800
$995,000
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116 Cook St Ithaca, NY 14850
General Commercial
Residence
9
Beds
Baths
2,973
Sq. Ft.
0.15
Acre
Lot
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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 pro...perty 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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MLS#
R1532134
Property Type
General Commercial
Bedrooms
9
Year Built
1980
Square Feet
2,973
sq. ft
Lot Size
0.15
Sewer
Sewer Connected
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