Office for Sale - office in Ithaca, NY
Office

Office for Sale

109 Seneca Street East, Ithaca, NY 14850

Price

$1,075,000

Square Feet

6,236

Price/Sq Ft

$172.39

Description

109 and 111 Seneca Street East available for Sale. Situated in the heart of downtown Ithaca near bank alley, shops, services, bars, restaurants, hotels, and Ithaca Commons. Investment site for income, buy and hold and/or redevelopment site capable of utilizing the favorable CBD 60 zoning the lots provide or vertical development.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

109 Seneca Street East, Ithaca, NY 14850

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size6,236 SF

Market Context

This office in Ithaca, NY is listed for sale at $1,075,000 across 6,236 SF ($172/SF). It has been on the market for 142 days.

Compare it against other office listings for sale in Ithaca, NY to benchmark pricing and space — view the full market.

Unified Estimate

Low Confidence
$146.53/SF-$198.25/SF
Mid: $172.39/SF
Total estimate for 6,236 SF
$1,075,024

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Very Low Confidence

Modeled Rate Estimate

$150.84 – $193.94/SF/yr

Estimator modeled rate · mid $172.39

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.2%
Avg Weekly Wage:$2,004

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population104,537
Median Income$74k
College Educated43.1%↑ 9.7pp
Median Age32.3 yrs
Median Home Value$291k
Unemployment5.5%↑ 1.9pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Price per Square Foot

$172.39

On par with market

Asking price / 6,236 sqft

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in Ithaca, NY

More Office for Sale in Ithaca, NY(5)

Contact Broker

Listed by

Cushman & Wakefield