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    436 Aurora St Ithaca, NY 14850

    For Sale
    $425,000

    Prime Ithaca location, endless potential.

    Property size:
    1,829 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity in Ithaca, NY, presents two parcels totaling 0.19 acres at 436 N Aurora St. The first parcel features a charming 1829 sq ft, two-story building ideally situated in the desirable Fall Creek neighborhood, just three blocks from the vibrant Ithaca Commons. The main level currently functions as a professional office space, complete with a waiting room, reception area, four individual offices, and additional versatile rooms. The upper level offers ample space suitable for residential use, potentially as a single-family home or rental unit. This upper level could also be used as additional office space. The property includes on-site parking behind the building and an existing barn with potential for restoration. The second parcel is a vacant 0.19-acre lot currently used as a parking area, accommodating approximately a dozen vehicles. This lot presents significant development potential, allowing for the construction of a single-family home, duplex, or other suitable structure. The property's central location provides easy access to the TCAT bus route, Cascadilla Creek, parks, and all the amenities Ithaca offers. This combined offering presents a unique opportunity for investors seeking a blend of existing income potential and future development possibilities in a highly sought-after area. The sale includes both the office building and the vacant lot, creating a rare and compelling investment package.

    Property Features for 436 Aurora St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,829 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1880
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duthie & Subtelny Dentist Duthie Robert C ... Dentist Dr. Gregory Subtelny, ... Dentist

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.49609
    Latitude
    42.44428

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ithaca location, endless potential.
    Where is this office property / space located?
    The property is located at 436 Aurora St Ithaca, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    (607) 257-0666
    Request Owner's contact information
    436 Aurora St Ithaca, NY 14850
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    Ithaca, NY 14850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    436 Aurora St Ithaca, NY 14850
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