1150-1154 DanbyIthaca, NY 14850

  • Hospitality properties
  • 5,170 SF
Off market
$5,469,200 Estimated

Property Details for 1150-1154 Danby

Year built
1980
Lot size
14.82 AC
Property size (Sq ft)
5,170 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
503089 36.-1-4.5
APU
50308936145

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $948,271
    6.5%
    $875,327
    7%
    $812,804
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,109,956
    Geo Method
    $1,587,454
  • Alternative Use

    Use
    Valuation
    Residential
    $955,603
    Hospitality
    $875,327
    Educational
    $728,262
    Medical
    $753,308
    Retail
    $1,132,852
1150-1154 Danby, Ithaca, New York

Location Insight

City
Ithaca
County
Tompkins
State
New York
Latitude
42.4015
Longitude
-76.5035
CBSA code
27060
CBSA name
ITHACA, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $4,165,000
  • Assessed land value
    $355,000
  • Assessed value
    $4,520,000
  • Tax year
    2019
  • Tax bill
    $63,813

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