116 Cook Street

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Address: 116 Cook Street, Ithaca, New York, US
Created date: April 17, 2024
Date last updated: April 17, 2024

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings | Student Housing
Price: $1,150,000
Year Built: 1980
Lot Size: 2,973.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 9
Number of Bathrooms: 0
Address: 116 Cook Street, Ithaca, NY 14850, USA
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