Downtown Office
For Sale
$479,000
108 ALBANY ST, Ithaca, NY 14850
Office building with 7–8 rentable spaces and a reported history of occupancy.
Property Size2,692 SF
Price / SF$177.93
Days on Market284
Property Features for 108 ALBANY ST
General Information
Standard status
Active
Size
2,692 SF
Property subtype
Office
Additional Details
Office Units
8
Taxes and HOA fees
Annual Taxes
$10,039
Amenities
Gas
Asphalt
CBD-50
2 Parking Spaces.
Rectangular
35X110
Rectangular.
Building Details
Year Built
1974
Listing Agency:
Howard Hanna S Tier Inc
(607) 382-1343
Listed By:
Kelly Skeval
(607) 382-1343
Source:
Xome
Added: Nov 5, 2025
Changed: Aug 12
Last Checked: Aug 16 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna S Tier Inc
Investment Insights
Based on property information with market context.
This downtown office building offers 7–8 office spaces and is presented with a proven rental history. The configuration supports multiple independent office tenants within a single property, providing flexibility for both investors and owner-occupants.
Located at 108 S Albany St in Ithaca, the property is described as being just three blocks from The Commons, positioning it within the heart of downtown amenities.
For prospective buyers, the key practical takeaway is the multi-suite office layout, which can help distribute rental demand across several spaces while maintaining a cohesive property footprint.
Located at 108 S Albany St in Ithaca, the property is described as being just three blocks from The Commons, positioning it within the heart of downtown amenities.
For prospective buyers, the key practical takeaway is the multi-suite office layout, which can help distribute rental demand across several spaces while maintaining a cohesive property footprint.
Key Highlights
- Office building with 7–8 rentable spaces and a reported history of occupancy
- Downtown Ithaca CBD‑50 zoning
- Approximately 35x110 rectangular lot with rectangular topography
Property Analytics
Property Profile
Current Use
Lease Details
8
Office units
Location Intelligence
Trade Area within ½ mile
2,695
Businesses Nearby
Explore this area
Business Placement
Demographics for 14850, NY
69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office building with 7–8 rentable spaces and a reported history of occupancy.
Where is this office units located?
The property is located at 108 ALBANY ST Ithaca, NY.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Office building with 7–8 rentable spaces and a reported history of occupancy; Downtown Ithaca CBD‑50 zoning; Approximately 35x110 rectangular lot with rectangular topography
