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
- 169 days |
- 117 |
- 3 |
Zillow last checked:
Listing updated:
Listed 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
Community
- Features: None
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: 718 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Tompkins County
- Ithaca
- 14850
- 116 Cook St








