Building Details

Building Size 5,928 SF

Listing Agency: Ithaca Office

Listed By: David Huckle, SIOR Show Phone

Source: Pyramidbrokerage

Added: Sep 4 Last Checked: Sep 4 at 2:43PM

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Investment Insights

Based on property information with market context.

This multifamily property is positioned for apartment development in Ithaca, New York. The site is identified with a property size of 5928 and is located at 311 College Avenue.

The property is situated within a student housing market described as one of the state’s sought-after areas for this type of development.

Key Highlights

• Apartment development property in Ithaca’s student housing market
• Located at 311 College Avenue, Ithaca, NY
• Property size identified as 5928

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Pet Store Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

1,506

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 Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Apartment development property in Ithaca’s student housing market.

Where is this multifamily property located?

The property is located at 311 College Avenue Ithaca, NY.

What are key features of this property?

This property features: Apartment development property in Ithaca’s student housing market; Located at 311 College Avenue, Ithaca, NY; Property size identified as 5928