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Property profile & analytics
OFF-MARKET
Investment properties

436 Aurora St Ithaca, NY 14850-4235

1,722 SF 0.09 ac lot Built 1970
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US63-2523993
Property summary
AI-generated overview

This exceptional investment opportunity in Ithaca, NY, presents two parcels totaling 0.19 acres at 436 N Aurora St. The first parcel features a charming 1829 sq ft, two-story building ideally situated in the desirable Fall Creek neighborhood, just three blocks from the vibrant Ithaca Commons. The main level currently functions as a professional office space, complete with a waiting room, reception area, four individual offices, and additional versatile rooms. The upper level offers ample space suitable for residential use, potentially as a single-family home or rental unit. This upper level could also be used as additional office space. The property includes on-site parking behind the building and an existing barn with potential for restoration. The second parcel is a vacant 0.19-acre lot currently used as a parking area, accommodating approximately a dozen vehicles. This lot presents significant development potential, allowing for the construction of a single-family home, duplex, or other suitable structure. The property's central location provides easy access to the TCAT bus route, Cascadilla Creek, parks, and all the amenities Ithaca offers. This combined offering presents a unique opportunity for investors seeking a blend of existing income potential and future development possibilities in a highly sought-after area. The sale includes both the office building and the vacant lot, creating a rare and compelling investment package.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1970
Total area 1,722 SF
Lot 0.09 ac (4,125 SF)
Zoning code R-2B
APN 500700 46.-6-8
UPID US63-2523993
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Duthie & Subtelny Dental Office
  • Duthie Robert C DDS Dental Office
  • Dr. Gregory Subtelny, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Megan Welch · 1 yrs held
Megan Welch
since 2025
1 recorded transaction
2025
$410,000
Zoning & alternative use
R-2B · Ithaca, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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