119 3Rd St, Ithaca, NY

Name: 119 3Rd St, For Sale in Ithaca - eXp Realty
Brand: Howard Hanna S Tier Inc
SKU: R1659030
Price: 1500000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,500,000

000

MLS® R1659030

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential

Size 18715 sqft

Garage

Taxes $34,187

Days Active 56

Lot Size

Approx. Age 1983

Avg. Price Per Sqft $80

MLS® Number R1659030

Property Address: 119 3rd St, Ithaca, NY, 14850-3466

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 119 Third Street, a striking Tudor-style property offering exceptional scale, architectural presence, and flexibility in a prime downtown Ithaca location. Rich in historic detail and thoughtfully configured, this rare multi-use building presents a compelling opportunity to acquire a property with substantial existing infrastructure and broad future potential. At the heart of the property is the expansive four-unit Lodge, encompassing over 11, 000 square feet of space. The Lodge features a warm and welcoming lobby anchored by a wood stove, custom woodwork, leaded glass windows, and a central staircase that beautifully reflects the building’s Tudor character. Common areas include a generous gathering hall with 18-foot ceilings, hardwood floors, and abundant natural light. The community dining space can seat a multitude of people, serviced by two fully outfitted commercial kitchens in addition to a shared residential kitchen—an infrastructure rarely found in properties of this type. Beyond the Lodge, the property is further enhanced by approximately 6, 720± square feet of heated, clear-span storage space, featuring commercial loading access through an oversized door. This versatile area is well suited for storage, operations, or adaptive reuse, subject to approvals. An additional 500± square feet of previously approved commercial space—historically permitted for a small tea-packing business—adds further flexibility to the site. The property benefits from ample off-street parking, historically documented at approximately 30 parking spaces, significantly enhancing usability for residential, commercial, or mixed-use applications. Ideally located just minutes from downtown Ithaca, the Commons, and major employers, 119 Third Street offers a rare combination of scale, location, zoning context, and architectural integrity. Whether maintained as a multi-unit residential property, repositioned as an investment asset, or explored for permitted mixed-use opportunities through the City’s review process, 119 Third Street stands as a truly rare offering—defined by architectural significance, legal clarity, and exceptional adaptability.

MLS® NumberR1659030

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1983

BasementCrawl Space

DrivewayGravel, Other, See Remarks, Two Or More Spaces

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 10, 2026List Date

$1,500,000List Price

Commute

Commute

Starting Address

Destination Address

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