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$2,500,000
496 Days On Site

224 E State Street
Ithaca, NY 14850

For Sale|Apartment|Active
0
Beds
0
Total Baths
12,090
SqFt
$207
/SqFt
1904
Built
County:
Tompkins
224 E State Street224 E State Street224 E State Street224 E State Street
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Mortgage Calculator

Monthly Payment (Est.)

$11,406
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

INVESTMENT 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.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
496 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,090 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1904
MLS® Number 
R1531300
Status 
Active
Property Tax 
$53,600
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a year agoStatus changed to Active
a year agoListing updated with changes from the MLS®
a year agoListing first seen on site
General Features
Acres 
0.05
Number Of Stories 
4
Parking 
Off Site
Property Sub Type 
Apartment
Security 
Fire Sprinkler System
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
12090
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Zoning 
Other - See Remarks
Interior Features
Basement 
Full
Cooling 
Heat PumpCentral Air
Flooring 
Carpet
Heating 
ElectricHeat Pump
Interior 
Elevator
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Exterior Features
Construction Details 
BrickFrameMetal SidingWood Siding
Roof 
MembraneRubber
Community Features
Accessibility Features 
Accessible EntranceAccessible Elevator Installed
Financing Terms Available 
CashConventional
MLS Area 
Ithaca-City-500700
School District 
Ithaca
Township 
Not Applicable
Schools
School District
Ithaca
Elementary School
Beverly J Martin Elementary
Middle School
Unknown
High School
Unknown
Listing courtesy of Laura Fiore of Warren Real Estate of Ithaca Inc.

Listing information is provided by Participants of the Ithaca Board of REALTORS®. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Ithaca Board of REALTORS®
Last checked 2025-09-01 05:19 AM UTC

Neighborhood & Commute
Source: Walkscore
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