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Renovated Office Units in Historic Building
New
For Lease
$30 SF/Yr

158 State Street East, Ithaca, NY 14850

A varied plan combines reception, private offices, storage, and flexible work areas.

Space SizeContact for details
Property Size6,670 SF
Days on Market2

Property Features for 158 State Street East

General Information

Standard status Active
Size 6,670 SF
Property subtype Office

Space & Availability

Space Use Office
Condition Recently Renovated
Available From 2026-12-01

Building Details

Building Size 6,670 SF
Construction brick
Listing Agency: Ithaca Office
Listed By: David Huckle, SIOR
Source: Pyramidbrokerage
Added: Nov 4 Last Checked: Nov 4 at 2:14PM

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 Ithaca Office

Rey
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Investment Insights

Based on property information with market context.

Office units in the historic American Crafts Building offer a combination of reception space, private offices, storage, and flexible areas. Recent renovations include naturally finished hardwood floors and upgrades to two bathrooms, while an original brick wall remains exposed. Multiple arched windows bring natural light into the space and face the Commons.

The building is at 158 State Street East in Ithaca, within the Ithaca Commons. The space is available for lease beginning December 1, 2026.

Key Highlights

  • Located within the Ithaca Commons at 158 State Street East
  • Floor plan includes reception, private offices, storage, and flex space
  • Naturally finished hardwood floors and an exposed original brick wall

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

American Crafts by ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Carpet & Flooring Store Tanning Salon Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,632
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ithaca, NY

$21.46 /SF/Yr
Avg Asking Price
$16.78–$26 /SF/Yr
Price Range
19,331 SF
Avg Space Size

This space is priced 40% above the average of $21.46 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A varied plan combines reception, private offices, storage, and flexible work areas.
Where is this office unit located?
The property is located at 158 State Street East Ithaca, NY.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Located within the Ithaca Commons at 158 State Street East; Floor plan includes reception, private offices, storage, and flex space; Naturally finished hardwood floors and an exposed original brick wall
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