$895,000

116 Cook St Ithaca, NY 14850

Estimated payment $6,383/month

9 Beds
-- Bath
2,973 Sq Ft
$301 Price per Sq Ft

Highlights

  • Deck
  • Property is near public transit
  • Woodwork
  • DeWitt Middle School Rated A-
  • Wood Flooring
  • Forced Air Heating System

About This Home

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.

Listing Agent

Kyle Steele

Howard Hanna S Tier Inc Brokerage Phone: 607-342-2148 License #10301200763 Listed on: 12/19/2025

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,332

Year Built

  • Built in 1980

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Rectangular Lot

Home Design

  • Rooming House
  • Asphalt Roof
  • Siding

Interior Spaces

  • 9 Bedrooms
  • 2,973 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Luxury Vinyl Tile

Parking

  • 3 Car Garage
  • No Garage
  • Driveway

Schools

  • Belle Sherman Elementary School
  • Dewitt Middle School
  • Ithaca Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • 2 Units
  • Laundry Facilities
  • 1 Separate Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 500700-068-000-0005-015-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,332

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Rooming House
  • Prop. Type: Multi Family
  • Lot Size Acres: 0.15
  • Lot Size: 50X132
  • Road Frontage Type: Main Thoroughfare
  • Directions: Cook St Runs between College Ave and Eddy St
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1980
  • Attribution Contact: 607-342-2148
  • Special Features: None
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood, Luxury Vinyl, Varies
  • Interior Amenities: Natural Woodwork
  • Living Area: 2973.0
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Blacktop Driveway, Deck
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Laundry Features: Common Area
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca
  • High School: Ithaca Senior High
  • Middle Or Junior School: Dewitt Middle

Lot Info

  • Parcel #: 500700-068-000-0005-015-000-0000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 20332.0

Map

Range of Values:

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Value Increase
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Percent Increase
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 For Sale $895,000 -- $301 / Sq Ft
Source: Ithaca Board of REALTORS®

Source: Ithaca Board of REALTORS®

MLS Number: R1654546

New York Tompkins County Ithaca 14850

116 Cook St, Ithaca, NY

For Sale

MultiFamily

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Kyle Steele
Listing Agent
Kyle Steele
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Howard Hanna S Tier Inc
(607) 558-3822