129 Linden Ave, Ithaca, NY 14850

16 Unit Apartment Building | $2,650,000 ($165,625/Unit) | Ithaca, NY 14850

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,650,000

Property Type
Multifamily
Square Feet
3,594 SF

Listing Contacts

Richard Patterson
Richard Patterson
Verified Profile
Kyle Steele
Kyle Steele
Verified Profile
  • Property Info

Property Overview

A truly rare assemblage of two contiguous properties in the heart of Cornell Universities Collegetown. Both
properties are zoned CR-3 which allows for redevelopment up to 3 stories in height. Studio apartments in the area
start around $2000, with per bedroom rent ranging from $1700-$1900 for larger units. The lot offers nearly 100
feet of frontage on Linden Ave with a depth nearly the same. Currently two large houses occupy the two lots.
Ithaca, NY is one of the fastest growing and highly sought after real estate markets in New York. Ivy League
college town real estate is some of the most sought after in the county. Known for stability and appreciation, this
is one of the last remaining large parcels likely to be offered to the general public. Inquire today for complete
offering materials.

Property Details

Class
C
Year Built
1990
Stories
2
Units
16

Highlights

  • Collegetown Location

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