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.
Active
$895,000
116 Cook St, Ithaca, NY 14850
9beds
0baths
2,973sqft
Multi Family, Single Family Residence
Built in 1980
-- sqft lot
$-- Zestimate®
$301/sqft
$-- HOA
What's special
- 94 days |
- 214 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: February 17, 2026 at 06:19am
Listing by:
Howard Hanna S Tier Inc 607-257-0800,
Kyle Steele 607-342-2148
Source: NYSAMLSs,MLS#: R1654546
Originating MLS: Ithaca Board of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 0
Heating
- Gas, Forced Air
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
- Laundry: Common Area
Features
- Natural Woodwork
- Flooring: Hardwood, Luxury Vinyl, Varies
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,973
- Total interior livable area: 2,973 sqft
Property
Parking
- Parking features: Three or more Spaces, No Garage
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Blacktop Driveway, Deck
Lot
- Size: 6,534 Square Feet
- Dimensions: 50 x 132
- Features: Near Public Transit, Rectangular, Rectangular Lot
Details
- Parcel number: 50070006800000050150000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Composite Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1980
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $700,000
- Annual tax amount: $20,332
- Date on market: 12/19/2025
- Cumulative days on market: 699 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listing removed | $2,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2026 | Listed for sale | $895,000$301/sqft |
Source: | ||
| 1/16/2026 | Contingent | $895,000$301/sqft |
Source: | ||
| 12/19/2025 | Price change | $895,000-10.1%$301/sqft |
Source: | ||
| 9/9/2025 | Listed for rent | $2,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/24/2024 | Listed for sale | $995,000$335/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 14850
Nearby schools
GreatSchools rating
- 4/10Belle Sherman SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 1.6 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Belle Sherman
- Middle: Dewitt Middle
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 14850
- New York
- Tompkins County
- Ithaca
- 14850
- 116 Cook St








