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146-148 State Street, Ithaca City

$ 1,100,000
146-148 East State Street, ,
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Overview

  • Updated On:
  • April 17, 2026
  • 4,520.00 ft2 Interior
  • 0 Bathrooms
  • 0.05 ac Acres

Description

Two mixed-use buildings on one tax lot in Ithaca Commons. 100% occupied, income-producing asset with strong tenant history in a prime Downtown Ithaca location. Well maintained property comes with entitlements for a second floor office to residential conversion.

3,660 SF Building. 2,000 SF Lot Size (0.046 acres)
CBD-60 Central Zoning class
Business District.

HVAC updated approximately
5 years ago.
Roof replaced approximately
10 years ago.
Completely Separate Utilities.
3 gas meters
3 electric meters
2 water meters

Property Location

Street: 146-148 East State Street
Tax Area: Ithaca-City
County:
Postal City: Ithaca
State: NY
Zip: 14850
School District: Ithaca
HOA Y/N: No
Directions: Ithaca Commons Location between North Tioga Street & South Cayuga Street on the Northside of the Commons.

Property Details

Property Id: 568844
Price: $ 1,100,000
Property Size: 4,520.00 ft2
Property Lot Size: 0.05 ac
Basement: Full
Building Sq Ft Total: 4520
Building Features: Other, SeeRemarks
Directions: Ithaca Commons Location between North Tioga Street & South Cayuga Street on the Northside of the Commons.
Electric: Volts220
Elementary School District: Ithaca
Gross Income: 111000
Heating: Gas, ForcedAir
High School District: Ithaca
Inclusions: Building Only, Equipment
List Office Name: CNY Broker LLC
List Office Phone: 315-551-2998
List Price: 1100000
Listing Id: S1660843
Living Sq Ft: 4520
Lot Features: Rectangular, RectangularLot
Acres: 0.05
Lot Acres: 0.05
Lot Dimensions: 20X59
Middle School District: Ithaca
Status: Active
Net Operating Income: 77060
Operating Expense: 12632
Operating Expense Includes: Insurance, ProfessionalManagement, Utilities, WaterSewer
Photos: 39
Possession: CloseOfEscrow
Postal City: Ithaca
Zip Code: 14850
Description: Two mixed-use buildings on one tax lot in Ithaca Commons. 100% occupied, income-producing asset with strong tenant history in a prime Downtown Ithaca location. Well maintained property comes with entitlements for a second floor office to residential conversion. 3, 660 SF Building. 2, 000 SF Lot Size (0.046 acres) CBD-60 Central Zoning class Business District. HVAC updated approximately 5 years ago. Roof replaced approximately 10 years ago. Completely Separate Utilities. 3 gas meters 3 electric meters 2 water meters
Roof: Membrane, Rubber
StateOrProvince: NY
Stories: 3
Street Prefix: E
Street Name: State
Street Number: 146-148
Street Number Numeric: 146
Street Suffix: Street
Total Taxes: 21308
Assessed Value: 525000
Town: Not Applicable
Utilities: SewerConnected
Year Built: 1920
YearBuiltDetails: Existing
Zoning: CBD-60
Zoning Description: Business

Amenities and Features

Other Features
Basement Y/N 1
Fireplace Y/N
Has Heating System

Map

Courtesy Of : CNY Broker LLC
315-551-2998

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.

All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.

Payment Calculator

$ 5,639.92
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,264.92

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146-148 State Street, Ithaca City

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