Active
119 Third Street, Ithaca City NY 14850
MLS# R1659030
$1,500,000
Price
-
Beds
-
Baths
18,715
Living Area (Sq.Ft.)
0.7
Lot Area (Acres)
$1,500,000
Price
-
Beds
-
Baths
18,715
Living Area (Sq.Ft.)
0.7
Lot Area (Acres)
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. <br>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.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1983
Parcel Number
45.-1-1.2
Unit Number
--
Lot Features
Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Building Area Source
PublicRecords
Lot Size Dimensions
231X132
Stories
3
Property Condition
Resale
Elementary School
Beverly J Martin Elementary
Elementary School District
Ithaca
Middle Or Junior School District
Ithaca
High School
Ithaca Senior High
High School District
Ithaca
Location
Listing Agent
Karen Hollands
Listing Office
Howard Hanna S Tier Inc
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-02-09
Owner Pays
Other, See Remarks
Rent Includes
Other, See Remarks
Fire Places Total
1
Interior Features
Cathedral Ceilings, Entrance Foyer, Storage, Natural Woodwork, Bedroom On Main Level
Flooring
Hardwood, Other, See Remarks, Tile, Varies
Laundry Features
Common Area
Fire Place
true
Heating
true
Heating Features
Gas, Baseboard, Electric, Hot Water
Accessibility Features
Accessible Bedroom
Appliances
Gas Water Heater
Security Features
FireEscape
Window Features
LeadedGlass
Garage
--
Garage Spaces
0
Architectural Style
Fourplex
Exterior Features
Deck
Water Source
Connected, Public
Sewer
Connected
Roof
Slate, Tile
Utilities
High Speed Internet Available, Sewer Connected, Water Connected
Parking Features
Gravel, Other, See Remarks, Two Or More Spaces
Foundation Details
Stone
Basement
Crawl Space
Construction Materials
Aluminum Siding, Stucco, Wood Siding, Pex Plumbing
Patio And Porch Features
Deck
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.