329 W Buffalo Street, Ithaca, NY 14850
- Added:
- Apr 16, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 8 at 5:06 pm
Property Features for 329 W Buffalo Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 1
- Security features
- Security
- Patio and Porch features
- Porch
- Interior features
- CathedralCeilings, EntranceFoyer, Storage, NaturalWoodwork, BedroomOnMainLevel, ProgrammableThermostat
- Exterior features
- EnclosedPorch, Fence, Porch, PrivateYard
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 500700-060-000-0005-001-000-0000
- Size
- 1,778 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9702
Utilities
- Heating system
- Zoned, Hot Water(Heating), Natural Gas, Baseboard
- Cooling system
- Zoned
- Water source
- Public
Building Details
- Year built
- 1870
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Hardwood, Carpet, Vinyl, Varies
- Building materials
- BlownInInsulation, Frame, CopperPlumbing
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Carol Bushberg License #10301223410 (607) 279-4530
Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY (607) 257-0666
Listing date Apr 16, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime downtown Ithaca location, steps from Washington Park, Dewitt Mall, restaurants, and bars
- Duplex offers immediate income potential with projected $2k/month rental income for the main level apartment (including utilities)
- Potential to convert into an extraordinary single‑family home
- Includes a modern 2‑car detached garage, fenced garden, and private laundry
- Well‑maintained with classic details, generously proportioned rooms, and no flood insurance required
- Structural inspection, survey, deed, floorplans, and C of C are available
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.2k | $19.80 |
| − Vacancy | −$1.6k | −$0.89 |
| EGI | $33.6k | $18.91 |
| − OpEx | −$10.1k | −$5.67 |
| NOI | $23.5k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.503763
- Latitude
- 42.440995
