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Property profile

127 State St 29 Ithaca, NY 14850

OFF-MARKET
Office buildings
Property ID
US63-1861487
18,603 SF 0.18 ac lot Built 1991
Last sale Jan 2008 · $3,750,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$3k
Tax billed · 2020
Assessed value · 2023$2.80M
Assessed land$500k
Assessed improvement$2.30M
Effective rate0.12%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$255k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$118 – $187

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD-60
The purpose of this zoning district is to provide one family detached dwelling, two family dwelling, multi family, church and related bui...
General categoryCOMMERCIAL
JurisdictionTOMPKINS

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand index
Dry Cleaner9.2
Shoe Repair8.7
Watch Repair Shop8.7

Location

127 State St, Unit 29 Ithaca, NY 14850-5427
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2435 Triphammer, Ithaca, NY 14850-1047 $4,800,000 Dec 2025 12,640 SF
31 Dutch Ml, Ithaca, NY 14850-9785 $1,200,000 Dec 2025 13,294 SF
801 Cascadilla, Ithaca, NY 14850-3236 $1,075,000 Jul 2025 7,560 SF
1251 Trumansburg, Ithaca, NY 14850-1384 $2,317,116 May 2025 17,201 SF
412 Tioga, Ithaca, NY 14850-4229 $299,000 May 2024 10,378 SF
179 Graham, Ithaca, NY 14850-1141 $850,000 Oct 2022 7,496 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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