# 222 N Albany Street, Ithaca, NY 14850

> **TL;DR:** 11bd/0ba residential multi family, $795,000 ($177/sqft), built 1870, 4,484 sqft.
> Hardwood, A/C. Est. $4,252/mo. Listed 12 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $795,000 |
| Price/sqft | $177 |
| Bedrooms | 11 |
| Square Feet | 4,484 |
| Year Built | 1870 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 12 |

## Why This Home Stands Out

- **Hardwood Floors** - Hardwood flooring listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,020 |
| Estimated Insurance | $232 |
| **Total** | **$4,252** |

## Nearby Schools

- **Elementary:** Beverly J Martin Elementary
- **Middle:** Dewitt Middle
- **High:** Ithaca Senior High

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1870
- 0.18 acre lot
- 3 stories

## Description

### Agent Description
Centrally located in downtown Ithaca, this six-unit investment property offers eleven bedrooms, seven bathrooms, and 100% occupancy with leases in place into 2027. Ideally situated just a few blocks from the Ithaca Commons, the property is within easy reach of coffee shops, restaurants, an ice cream parlor, parks, playgrounds, open green space, schools, and a community pool. This vintage late-19th-century home has been well maintained and offers a solid rental history with a mix of long-term established residents, graduate students, and professionals. The central location and proximity to everyday amenities appeal to a broad pool of potential tenants. Spread across three levels, the property includes two one-bedroom apartments, three two-bedroom apartments, and a top-level three-bedroom apartment featuring heat pump heating and cooling. Current gross rents total $112,284 annually, with some units paying their own electricity. Additional features include a large wraparound porch where tenants can enjoy the neighborhood atmosphere, a separate main-level laundry facility, two driveways providing off-street parking, and a detached two-car garage. Retaining some of its vintage charm while offering a desirable combination of unit variety, established rental history, and convenient downtown access, this property presents an appealing investment opportunity in the heart of Ithaca. An excellent option for investors seeking a stable rental property appealing to graduate students, professionals, and long-term residents.

## Location

- **Address:** 222 N Albany Street, Ithaca, NY 14850
- **County:** Tompkins
- **Coordinates:** 42.441052, -76.50218
- **Google Maps:** https://www.google.com/maps?q=42.441052,-76.50218

## Listing Agent

- **Name:** Steven Saggese · **License:** 30SA0532613
- **Brokerage:** Warren Real Estate
- **Broker Phone:** (607) 257-0666
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/222-N-Albany-St_Ithaca_NY_14850_M38201-31321?f=listhub&s=BNARNY&m=R1723455&c=propsimple)

## Photos

![222 N Albany Street - Photo 1](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2989803772r.jpg)

![222 N Albany Street - Photo 2](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f518582513r.jpg)

![222 N Albany Street - Photo 3](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1873812495r.jpg)

![222 N Albany Street - Photo 4](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3968097269r.jpg)

![222 N Albany Street - Photo 5](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f472245063r.jpg)

![222 N Albany Street - Photo 6](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3336267110r.jpg)

![222 N Albany Street - Photo 7](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f292445503r.jpg)

![222 N Albany Street - Photo 8](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3950638188r.jpg)

![222 N Albany Street - Photo 9](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f381063261r.jpg)

![222 N Albany Street - Photo 10](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f862375160r.jpg)

![222 N Albany Street - Photo 11](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3210173381r.jpg)

![222 N Albany Street - Photo 12](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3449098360r.jpg)

![222 N Albany Street - Photo 13](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3945939283r.jpg)

![222 N Albany Street - Photo 14](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f353926349r.jpg)

![222 N Albany Street - Photo 15](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3739208976r.jpg)

![222 N Albany Street - Photo 16](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1499227330r.jpg)

![222 N Albany Street - Photo 17](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2278850654r.jpg)

![222 N Albany Street - Photo 18](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f589180263r.jpg)

![222 N Albany Street - Photo 19](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3021158660r.jpg)

![222 N Albany Street - Photo 20](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1460027143r.jpg)

![222 N Albany Street - Photo 21](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3994113544r.jpg)

![222 N Albany Street - Photo 22](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1896563391r.jpg)

![222 N Albany Street - Photo 23](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2681866620r.jpg)

![222 N Albany Street - Photo 24](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2601681348r.jpg)

![222 N Albany Street - Photo 25](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3949465417r.jpg)

![222 N Albany Street - Photo 26](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1388807474r.jpg)

![222 N Albany Street - Photo 27](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1646356543r.jpg)

![222 N Albany Street - Photo 28](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f3087096029r.jpg)

![222 N Albany Street - Photo 29](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2669369852r.jpg)

![222 N Albany Street - Photo 30](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2973821708r.jpg)

![222 N Albany Street - Photo 31](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1253365792r.jpg)

![222 N Albany Street - Photo 32](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f728964174r.jpg)

![222 N Albany Street - Photo 33](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2837443182r.jpg)

![222 N Albany Street - Photo 34](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1032030324r.jpg)

![222 N Albany Street - Photo 35](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2031638106r.jpg)

![222 N Albany Street - Photo 36](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f1606021172r.jpg)

![222 N Albany Street - Photo 37](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f918209130r.jpg)

![222 N Albany Street - Photo 38](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f4093272607r.jpg)

![222 N Albany Street - Photo 39](http://lh.rdcpix.com/178433d7ae8e349b1821de2a23a3f26al-f2683660716r.jpg)

---

**MLS#:** R1723455 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/222-n-albany-street-ithaca-ny-14850-5361f6ba5f71496e95cbb3a15e0db3fe)

---

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}
```