116 Cook Street, Ithaca, NY 14850

Local realty services provided by:ERA Team VP Real Estate
116 Cook Street,Ithaca, NY 14850
$895,000
  • 9 Beds
  • - Baths
  • 2,973 sq. ft.
  • Multi-family
  • Active
Listed by: kyle steele
Office: howard hanna s tier inc
MLS#:R1654546
Source:NY_GENRIS

Price summary

  • Price:$895,000
  • Price per sq. ft.:$301.04

About this home

Ivy League Collegetown property is highly regarded as some of the most stable, investment grade real estate in the country. Located in the heart of Cornell University’s Collegetown- This property features 10 bedrooms and can be rented in a variety of ways. Currently rented by the room, this property is prime for value add. Flexible CR-3 zoning allows for ground up redevelopment of up to 3 stories or implement a value add strategy to boost per bedroom rents to market rate. Fully renovated properties in the area can fetch $1100-$1400 per bedroom. Properties of this size, this close to Cornell in a prime Collegetown location rarely hit the open market.

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Home facts

  • Year built:1980
  • Listing ID #:R1654546
  • Added:12 day(s) ago
  • Updated:December 31, 2025 at 10:38 PM

Rooms and interior

  • Bedrooms:9
  • Living area:2,973 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1980
  • Building area:2,973 sq. ft.

Schools

  • High school:Ithaca Senior High
  • Middle school:Dewitt Middle
  • Elementary school:Belle Sherman

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$301.04
  • Tax amount:$20,332

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