Seller's Agent in 2026
Laura Fiore
Warren Real Estate of Ithaca Inc.
(607) 351-6155
4 in this area
51 Total Sales
224 E State St Ithaca, NY 14850
Downtown Ithaca Neighborhood
--
Bed
--
Bath
12,090
Sq Ft
2,178
Sq Ft Lot
Highlights
- Brick or Stone Mason
- Intercom
- Wood Siding
- DeWitt Middle School Rated A-
- Central Heating and Cooling System
- 3-minute walk to Bernie Milton Pavilion
About This Home
As of March 2026INVESTMENT OPPORTUNITY: High demand location in the Heart of the Finger Lakes, and home to Cornell University and Ithaca College. This Iconic four story building, in a prominent commercial corridor, “Restaurant Row”, and Gateway to the famous Ithaca Commons is looking for new ownership for the first time in many years. With over 12,000 SF, it was redesigned by architect Jason Demarest and under-went comprehensive renovations in 2016. This investment opportunity includes long term quality tenant Simeons Restaurant and offers elevator service to five, bright and spacious, 1 - bedroom and 1 - bedroom plus den apartments with high quality finishes. Ideal for investors aiming to capitalize on Ithaca's vibrant market, ensuring continuous demand and significant growth potential.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-351-6155 License #10301208660 Listed on: 04/23/2024
Last Buyer's Agent
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-351-6155 License #10301208660 Listed on: 04/23/2024
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $53,600
Year Built
- Built in 1904
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 21x104
Parking
- Off-Site Parking
Home Design
- Brick or Stone Mason
- Frame Construction
- Membrane Roofing
- Rubber Roof
- Wood Siding
- Metal Siding
Interior Spaces
- 12,090 Sq Ft Home
- 4-Story Property
- Carpet
- Basement Fills Entire Space Under The House
Home Security
- Intercom
- Fire Sprinkler System
Accessible Home Design
- Accessible Elevator Installed
Schools
- Beverly J Martin Elementary School
Utilities
- Central Heating and Cooling System
- Air Source Heat Pump
- Phone System
Community Details
- 6 Units
- Private Restrooms
Listing and Financial Details
- Assessor Parcel Number 500700-070-000-0003-007-000-0000
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, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,005,833
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$999,970
Purchase Details
Closed on
Dec 29, 2009
Sold by
Bought by
Purchase Details
Closed on
Jul 31, 1996
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 |
|---|---|---|---|
| Deed | -- | Kimberly Rothman | |
| Deed | -- | John Hinchcliff | |
| Deed | -- | -- |
Source: Public Records
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | Commercial |
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 |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | Sold | $2,000,000 | 0.0% | $165 / Sq Ft |
| 12/31/2025 12/31/25 | Off Market | $2,000,000 | -- | -- |
| 10/25/2025 10/25/25 | Off Market | $2,500,000 | -- | -- |
| 10/21/2025 10/21/25 | For Sale | $2,500,000 | 0.0% | $207 / Sq Ft |
| 04/24/2024 04/24/24 | For Sale | $2,500,000 | -- | $207 / 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 | $56,066 | $1,600,000 | $165,000 | $1,435,000 |
| 2024 | $32,120 | $1,600,000 | $165,000 | $1,435,000 |
| 2023 | $35,214 | $1,600,000 | $165,000 | $1,435,000 |
| 2022 | $60,587 | $1,600,000 | $165,000 | $1,435,000 |
| 2021 | $60,587 | $1,600,000 | $165,000 | $1,435,000 |
| 2020 | $37,215 | $1,600,000 | $165,000 | $1,435,000 |
| 2019 | $3,034 | $1,600,000 | $165,000 | $1,435,000 |
| 2018 | $34,498 | $1,450,000 | $165,000 | $1,285,000 |
| 2017 | $35,425 | $1,450,000 | $165,000 | $1,285,000 |
| 2016 | $9,719 | $400,000 | $165,000 | $235,000 |
| 2015 | -- | $821,000 | $165,000 | $656,000 |
| 2014 | -- | $821,000 | $165,000 | $656,000 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Fiore
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1531300
APN: 500700-070-000-0003-007-000-0000
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