Seller's Agent in 2025
David Wahl
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 227-3132
2 in this area
42 Total Sales
503 Dryden Rd Ithaca, NY 14850
Bryant Park and Belle Sherman Neighborhood
10
Beds
4
Baths
4,134
Sq Ft
7,144
Sq Ft Lot Lot
Highlights
- Property is near public transit
- Wood Flooring
- Woodwork
- DeWitt Middle School Rated A-
- Furnished
- Zoned Heating and Cooling
About This Home
As of June 2025503 Dryden Road in Ithaca, New York, is a multi-family residence offering various rental units suitable for students and professionals. The property features multiple units. The property is conveniently located in the heart of Collegetown, providing easy access to local amenities, public transit, and an Ivy League Institution. The Building encompasses approximately 4,134 square feet of living space on a 6,313 square-foot lot with six off-street parking spaces. Rental occupancy rates have been 100% consistently with a steady incline in gross revenues. The property is located in a most desirable and safe location enhancing Tenants confidence and accessibility to various parts or Cornell campus and The City making it a profitable building for Investors or a suitable choice for those seeking accommodation in Ithaca.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. (Downtown) License #10371201153 Listed on: 02/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,612
Year Built
- Built in 1900
Lot Details
- 7,144 Sq Ft Lot
- Lot Dimensions are 53x118
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Stone Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 4,134 Sq Ft Home
- 4-Story Property
- Furnished
- Woodwork
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Location
- Property is near public transit
Schools
- Belle Sherman Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for gas, grounds care, heat, hot water, snow removal
- Assessor Parcel Number 500700-064-000-0006-002-002-0000
Community Details
Overview
- Association fees include common area maintenance, gardener, heat, hot water, snow removal
- 4 Units
Building Details
- 5 Separate Electric Meters
- 1 Separate Gas Meter
- Operating Expense $10,637
- Gross Income $119,340
- Net Operating Income $83,091
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2026 04/11/26 | Price Changed | $800 | -8.6% | $1 / Sq Ft |
| 03/09/2026 03/09/26 | Price Changed | $875 | -5.4% | $1 / Sq Ft |
| 01/21/2026 01/21/26 | Price Changed | $925 | -2.6% | $1 / Sq Ft |
| 08/26/2025 08/26/25 | Price Changed | $950 | +18.8% | $1 / Sq Ft |
| 08/01/2025 08/01/25 | For Rent | $800 | 0.0% | -- |
| 06/12/2025 06/12/25 | Sold | $1,000,000 | -13.0% | $242 / Sq Ft |
| 02/03/2025 02/03/25 | For Sale | $1,150,000 | -- | $278 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History
| 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 | $15,611 | $780,000 | $80,000 | $700,000 |
| 2024 | $15,611 | $780,000 | $80,000 | $700,000 |
| 2023 | $17,120 | $780,000 | $80,000 | $700,000 |
| 2022 | $26,964 | $780,000 | $80,000 | $700,000 |
| 2021 | $26,291 | $740,000 | $80,000 | $660,000 |
| 2020 | $16,749 | $740,000 | $80,000 | $660,000 |
| 2019 | $19,098 | $670,000 | $80,000 | $590,000 |
| 2018 | $15,920 | $670,000 | $80,000 | $590,000 |
| 2017 | $14,785 | $605,000 | $50,000 | $555,000 |
| 2016 | $14,921 | $605,000 | $50,000 | $555,000 |
| 2015 | -- | $605,000 | $50,000 | $555,000 |
| 2014 | -- | $605,000 | $50,000 | $555,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Wahl
-
Jenny Chai
Buyer's Agent in 2025
Jenny Chai
Ithaca Real Estate, Inc.
(607) 379-9168
7 in this area
78 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1586858
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