NOT LISTED FOR SALE

507 E Buffalo St Ithaca, NY 14850

East Hill Neighborhood
-- Bed
-- Bath
5,691 Sq Ft
5,280 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $700,000 $123 Per Sq Ft

156 Days on Market

Highlights

  • Storage
  • Baseboard Heating
  • Walk-Up Access
  • DeWitt Middle School Rated A-
  • 2 Car Garage

About This Home

As of September 2021

This well maintained, 7-unit property, is made up of six one-bedroom units and one two-bedroom unit. Located right in the middle of E Buffalo Street's hill, the property is a four minute walk to the edge of Cornell University campus, a six minute walk to restaurant row, and an eight minute walk to the heart of College town. The property has been professionally managed for upwards of 15 years. Strong leases and rental history. Call your agent today to schedule a showing.

Last Agent to Sell the Property

Steven Schapiro

Warren Real Estate of Ithaca Inc. Brokerage Email: steven.schapiro@warrenhomes.com License #10401281219 Listed on: 03/18/2021

Last Buyer's Agent

Jonah Freedman

Howard Hanna S Tier Inc License #10401301937

Howard Hanna S Tier Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 66x80

Parking

  • 2 Car Garage
  • Common or Shared Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 5,691 Sq Ft Home
  • Storage

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry

Schools

  • Belle Sherman Elementary School
  • Boynton Middle School

Utilities

  • Baseboard Heating

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 500700 62.-3-2

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi Family
  • Lot Size Acres: 0.1212
  • Lot Size: 66X80
  • Directions: From the intersection of State Street and Aurora Street, facing west. Turn right onto N Aurora Street. At the end of the second block, turn right onto E Buffalo Street. 507 E Buffalo Street will be on your right, between Schuyler Pla
  • Garage Yn: Yes
  • Year Built: 1975
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: steven.schapiro@warrenhomes.com
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Range Hood
  • Has Basement: Exterior Entry, Walk-Up Access, Walk-Out Access
  • Interior Amenities: Storage
  • Living Area: 5691.0

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stone
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Common, Garage

Utilities

  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 5280.0
  • Parcel #: 500700 62.-3-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 7

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold 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
09/20/2021 09/20/21 Sold $700,000 -3.4% $123 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $725,000 -- $127 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steven Schapiro

    Warren Real Estate of Ithaca Inc.

    Section Image
  • Jonah Freedman

    Buyer's Agent in 2021

    Jonah Freedman

    Howard Hanna S Tier Inc

    (607) 227-2971

    1 in this area

    5 Total Sales

    Jonah Freedman
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB403941

New York Tompkins County Ithaca 14850 East Hill

507 E Buffalo St, Ithaca, NY

Not Listed for Sale

MultiFamily

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