Seller's Agent in 2026
Grace Petrisin
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 592-9335
108 Total Sales
201 Main St Newfield, NY 14867
3
Beds
3
Baths
1,920
Sq Ft
0.56
Acre Lot
Highlights
- Baseboard Heating
- Spray Foam Insulation
- Walk-Up Access
- 1 Car Garage
- High Speed Internet
About This Home
As of June 2026Completely transformed in 2020/2021, this exceptional 3-unit apartment building was taken down to the studs and thoughtfully rebuilt with quality and longevity in mind. Originally a single-family home, the property has been expertly converted into three modern, fully updated apartments—each designed to offer comfort, efficiency, and low-maintenance living. Every major component has been replaced, including all-new kitchens and baths, updated electrical and plumbing, new windows, roof, and siding. The property is 100% electric, featuring separate electric meters for each unit to simplify management and utility responsibility. Forward-thinking upgrades include a separate laundry room and wiring already in place for three separate EV chargers— just needs to be finished and it would be an outstanding bonus for tenants. Additional highlights include off-street parking, a detached garage for extra income or storage, and minimal ongoing maintenance needs thanks to the comprehensive renovation. With virtually nothing left to do, this is a true turnkey investment—collect rent and enjoy peace of mind. Be sure to explore the virtual tours to fully appreciate the quality craftsmanship and modern finishes throughout each unit.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-592-9335 License #10401252123 Listed on: 02/23/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,429
Year Built
- Built in 1860
Lot Details
- 24,394 Sq Ft Lot
- Lot Dimensions are 57x270
- Irregular Lot
Parking
- 1 Car Garage
Home Design
- Triplex
- Spray Foam Insulation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,920 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Up Access
- Exterior Basement Entry
- Sump Pump
Schools
- Newfield Elementary School
Utilities
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for grounds care, snow removal, water
- Assessor Parcel Number 503400-014-000-0002-003-000-0000
Community Details
Overview
- Association fees include gardener, snow removal, water
- 3 Units
Building Details
- 4 Separate Electric Meters
- Operating Expense $9,932
- Gross Income $31,440
- Net Operating Income $16,079
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 5, 2013
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $95,000 | Joseph W. Allen |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/01/2026 06/01/26 | Sold | $293,877 | -0.4% | $153 / Sq Ft |
| 02/23/2026 02/23/26 | For Sale | $295,000 | -- | $154 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,370 | $225,000 | $12,000 | $213,000 |
| 2024 | $4,734 | $187,000 | $12,000 | $175,000 |
| 2023 | $4,990 | $187,000 | $12,000 | $175,000 |
| 2022 | $3,624 | $170,000 | $12,000 | $158,000 |
| 2021 | $1,271 | $40,000 | $12,000 | $28,000 |
| 2020 | $1,801 | $40,000 | $12,000 | $28,000 |
| 2019 | $577 | $95,000 | $12,000 | $83,000 |
| 2018 | $2,411 | $95,000 | $12,000 | $83,000 |
| 2017 | $623 | $95,000 | $9,300 | $85,700 |
| 2016 | $592 | $95,000 | $9,300 | $85,700 |
| 2015 | -- | $95,000 | $9,300 | $85,700 |
| 2014 | -- | $95,000 | $9,300 | $85,700 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Petrisin
-
Joe Giordano
Buyer's Agent in 2026
Joe Giordano
Howard Hanna S Tier Inc
(607) 351-1267
26 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1663079
APN: 503400-014-000-0002-003-000-0000
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