632 W Seneca St Ithaca, NY 14850
Washington Park NeighborhoodEstimated payment $2,924/month
Highlights
- Forced Air Heating System
- DeWitt Middle School Rated A-
- Rectangular Lot
About This Home
Positioned in the West End commercial corridor, this mixed-use property presents an exceptional opportunity for investors and developers alike. The fully leased building features a long term bar tenant occupying the ground floor and a residential apartment upstairs with both providing immediate cashflow.
With over 15,000 cars passing by daily, the property benefits from outstanding visibility and consistent foot and vehicle traffic—making it a prime location for retail, hospitality, or long-term mixed-use investment.
Ideal for a first-time investor seeking immediate cash flow, the property also offers significant redevelopment potential. Zoned WEDZ-1A (West End District Zone), the property allows for up to five stories of development, creating an excellent opportunity for future mixed-use expansion in one of the area’s most active commercial districts.
Whether you’re looking to expand your portfolio or capitalize on the corridor’s continued growth with a future development, this property offers the rare combination of immediate income today and long-term upside tomorrow.
Listing Agent
Howard Hanna S Tier Inc Brokerage Phone: 607-382-1343 License #10401286257 Listed on: 03/18/2026
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,456
Year Built
- Built in 1975
Lot Details
- Lot Dimensions are 33x100
- Rectangular Lot
Home Design
- Metal Roof
Interior Spaces
- 3,144 Sq Ft Home
- 2-Story Property
Parking
- On-Site Parking
- Surface Parking
Schools
- Beverly J Martin Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 2 Units
- Gross Income $40,200
Listing and Financial Details
- Assessor Parcel Number 500700-059-000-0007-025-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2026 03/18/26 | For Sale | $450,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $90,000 | Eric Gartenman | |
| Deed | $150,000 | Thomas W Jr Cusimano | |
| Deed | $125,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | Commercial |
Source: Ithaca Board of REALTORS®
MLS Number: R1667323
APN: 500700-059-000-0007-025-000-0000
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Ask me questions while you tour the home.