Under contract

Price cut: $100K (12/19)

$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

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.

43 days

162

3

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: 649 days
Listing terms: Cash,Conventional
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/16/2026	Contingent	$895,000$301/sqft
Source: NYSAMLSs #R1654546 Report a problem
12/19/2025	Price change	$895,000-10.1%$301/sqft
Source: NYSAMLSs #R1654546 Report a problem
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: ITMLS #R1532134 Report a problem

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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