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Multifamily Portfolio with Retail
For Sale
$16,129,032

327 Eddy Street 401 Eddy St. 311 Eddy St. 109 Dryden Rd., Ithaca, NY 14850

The assemblage combines street-level retail with apartments across four neighboring buildings.

Property Size16,750 SF
Price / SF$962.93
Days on Market96

Property Features for 327 Eddy Street 401 Eddy St. 311 Eddy St. 109 Dryden Rd.

General Information

Standard status Active
Size 16,750 SF
Property subtype Multifamily

Additional Details

Multifamily Units 46

Building Details

Buildings 4
Listing Agency: CBRE | Syracuse
Listed By: Bill Anninos · License #Associate Real Estate Broker
Source: Cbre
Added: Jun 2 Changed: Sep 2 Last Checked: Sep 5 at 5:46AM

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 CBRE | Syracuse

Investment Insights

Based on property information with market context.

This student housing portfolio consists of four neighboring buildings arranged across three tax parcels. The property includes 50 total units, with four ground-level retail units and 46 apartments in a range of sizes. The apartment component contains 112–115 beds.

The buildings are located at 327 Eddy Street, 401 Eddy St., 311 Eddy St., and 109 Dryden Rd. in Ithaca, New York. Cornell University is identified as being just steps from the portfolio, providing the defining context for this multifamily asset.

Key Highlights

  • 50 total units across four neighboring buildings
  • 46 apartments totaling 112–115 beds
  • Four ground‑level retail units included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Plumbing 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.

Lease Details

46
Residential units

Location Intelligence

Trade Area within ½ mile

951
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The assemblage combines street-level retail with apartments across four neighboring buildings.
Where is this apartment building located?
The property is located at 327 Eddy Street 401 Eddy St. 311 Eddy St. 109 Dryden Rd. Ithaca, NY.
What is the asking price?
The asking price for this property is $16,129,032.
What are key features of this property?
This property features: 50 total units across four neighboring buildings; 46 apartments totaling 112–115 beds; Four ground‑level retail units included
More about this property
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