Property profile

125 State St Ithaca, NY 14850

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Harolds Square, located at 125 E State St, Ithaca, NY 14850, presents a unique opportunity for businesses seeking flexible and sustainable office space in the heart of Ithaca Commons. This twelve-story, mixed-use building offers 70,000 square feet of commercial space across its first five floors, adaptable to various needs. The building boasts a variety of office configurations, including traditional office spaces, executive suites, coworking areas, and even medical office options. Five spaces are currently available, ranging from 2,668 to 14,000 square feet. Completed in 2022, Harolds Square prioritizes sustainability, achieving a tier-three NYSERDA certification, indicating at least 40% less energy consumption than comparable buildings. This is facilitated by offsite solar power, superior insulation, and high-efficiency LED lighting. Furthermore, a secure bike storage area caters to environmentally conscious tenants. Its central location provides easy access to Cornell University and Ithaca College, making it an ideal choice for businesses seeking a vibrant and convenient location. The building's multiple tenancy structure allows for diverse business occupancy. This property is situated in Tompkins County, New York.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Bakery Specialty Food Shop
  • Apartment Building

Location

125 State St Ithaca, NY 14850
Ithaca metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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