209 Meadows Street North, Ithaca, NY 14850
Newly constructed duplex in Ithaca's West End, flexible for occupants.
- Added:
- Feb 11, 2026
- Days on Market:
- 145
- Last Refresh:
- Jun 27 at 2:23 am
Property Features for 209 Meadows Street North
General Information
- Standard status
- Active
- Size
- 1,764 SF
- Property subtype
- Multifamily, Mixed Use
Listing office Pyramid Brokerage Company, Inc (607) 227-7558
Listing date Feb 11, 2026
Source Crexi
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 Pyramid Brokerage Company, Inc
HighLights
- Newly constructed duplex.
- Located in Ithaca's West End.
- Flexible appeal to investors or owner occupants.
- Offered as part of a package with adjacent commercial properties.
- Can be purchased separately.
- Two‑story layout.
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 | $34.9k | $19.80 |
| − Vacancy | −$1.6k | −$0.89 |
| EGI | $33.4k | $18.91 |
| − OpEx | −$10.0k | −$5.67 |
| NOI | $23.3k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.5081735
- Latitude
- 42.4405431
