Flexible workspace solutions in prime Ithaca location.
Lot size:
6,249 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
This exceptional commercial property located at 125 E State St, Ithaca, NY 14850, offers a diverse range of flexible workspace solutions within Tompkins County. The property caters to various business needs, providing traditional office spaces, executive suites, coworking areas, medical offices, and creative office environments. Tenancy is multiple, allowing for a variety of configurations to suit different sized businesses. Options range from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, to customizable solutions tailored to specific requirements. This includes serviced offices, custom office spaces, disaster recovery spaces, and day offices, all offering varying levels of access. Beyond private offices, the property also features coworking spaces with both dedicated desks and hot-desking options. Meeting rooms are available for short-term or long-term use, equipped with Wi-Fi and presentation equipment, suitable for informal meetings, training sessions, interviews, board meetings, or conferences. Virtual office solutions are also offered, providing prestigious business addresses, mail handling services, and professional virtual assistant support, including access to office space for a limited number of days per month. Flexible working plans provide access to a global network of workspaces, offering various levels of access to private offices or coworking spaces. The property's location in Ithaca, New York, provides a strategic advantage for businesses seeking a vibrant and productive work environment. While the total building square footage is not currently available, the property offers a wide array of options to accommodate diverse business needs and sizes.
Property Features for 125 State St
General Information
Property type
Office space
Lease Type
Gross Lease
RSF (Rentable sq. ft)
6,249 SF
Unit(s) available at that property
Space
Virtual Office
Size
54 SF
Rate per SF
$42
Space
Flexible coworking membership
Size
108 SF
Rate per SF
$13
Space
Flexible office membership
Size
108 SF
Rate per SF
$24
Space
Coworking space
Size
328 SF
Rate per SF
$10
Space
Private office for 1 person
Size
538 SF
Rate per SF
$12
Space
Private office for 2 people
Size
538 SF
Rate per SF
$14
Space
Private office for 3 people
Size
646 SF
Rate per SF
$17
Space
Private office for 4 people
Size
646 SF
Rate per SF
$23
Space
Private office for 5 people
Size
807 SF
Rate per SF
$28
Space
Open plan office space for + 10 people
Size
1,184 SF
Rate per SF
$28
Space
Open plan office space for + 15 people
Size
1,292 SF
Rate per SF
$28
HighLights
Flexible workspace solutions catering to diverse business needs, including traditional offices, executive suites, coworking areas, medical offices, and creative office environments.
Private office options range from single‑person setups to large corporate spaces, with furnished and equipped options, customizable solutions, and serviced offices.
Coworking spaces offer dedicated desks and hot‑desking options.
Meeting rooms are available for short‑term or long‑term use, equipped with Wi‑Fi and presentation equipment.
Virtual office solutions include prestigious business addresses, mail handling, and virtual assistant support.
Flexible membership plans offer access to a global network of workspaces.
Office space - Flexible workspace solutions in prime Ithaca location.
Where is this office space located?
The property is located at 125 State St Ithaca, NY.
What is the lease rate?
The lease rate is $10-$42 SF/Yr.
What are key features of this property?
This property features: Flexible workspace solutions catering to diverse business needs, including traditional offices, executive suites, coworking areas, medical offices, and creative office environments.; Private office options range from single-person setups to large corporate spaces, with furnished and equipped options, customizable solutions, and serviced offices.; Coworking spaces offer dedicated desks and hot-desking options.
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125 State St Ithaca, NY 14850
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.
AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
125 State St Ithaca, NY 14850
More about this listing
125 State St, Ithaca, NY
NY & NJ 1 Regus US
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125 State St, Ithaca, NY
NY & NJ 1 Regus US
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125 State St, Ithaca, NY
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125 State St, Ithaca, NY
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125 State St, Ithaca, NY
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to 125 State St Ithaca, NY 14850
125 State St, Ithaca, NY
NY & NJ 1 Regus US
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