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Financial
Distress signals
Property profile

408 Mdw St Ithaca, NY 14850

OFF-MARKET
Turn key restaurants
Property ID
US63-6224984
10,561 SF 0.69 ac lot Built 1980
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$925k
Assessed land$350k
Assessed improvement$575k

Value estimate

· Oct 2026
$520k
$468k – $572k
AI approach$375k
Submarket $/SF estimate$668k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
WEDZ-1A
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: Storage Facility
Demand index
Storage Facility9.7
Dry Cleaner9.2
Watch Repair Shop8.8

Location

408 Mdw St Ithaca, NY 14850
County assessor Recorded deeds · not on file 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
2303 Mecklenburg, Ithaca, NY 14850-9391 $280,000 Apr 2025 6,250 SF
608 Mdw, Ithaca, NY 14850-5319 $2,200,000 Feb 2022 5,677 SF
300 Tioga, Ithaca, NY 14850-4206 $1,700,000 Feb 2022 8,130 SF
622 Cascadilla, Ithaca, NY 14850-4049 $1,050,000 May 2021 4,896 SF
700 Buffalo, Ithaca, NY 14850-3320 $1,844,000 May 2020 18,299 SF
708 Buffalo, Ithaca, NY 14850-3320 $2,300,000 Sep 2019 5,032 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
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