Tompkins County and Ithaca City property record for 118 Prospect St, Ithaca, NY 14850 · Last verified May 2026
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
|---|---|
| Year Built | Built 2000 |
| Square Footage | 33,673 sqft Gross Area |
| Lot Size | 74,052 sqft (1.7 acres) |
| Tax Bill | $302,854.00 (2025) |
| Primary APN | 500700 81.-3-2.4 |
|---|---|
| Alternative APN |
|
| Units | 97 Units |
|---|---|
| Building Area | 33,673 sqft Gross Area |
| Basement Area | 10,581 sqft Basement |
| Finished Basement | 10,581 sqft Finished |
| Stories | 3 Stories |
| Fire Sprinklers | The property is equipped with a fire-suppression sprinkler system |
| Elevator | Elevator |
| Year Built | Built 2000 |
|---|---|
| Effective Year Built | Effective 2000 |
| Lot Area | 74,052 sqft (1.7 acres) |
| Cooling System | Central Cooling |
|---|---|
| Heating Fuel | Oil Heating Fuel |
| Sewage | Municipal Sewage |
| Water Source | Commercial Water Source |
| Street Address | 118 PROSPECT ST |
|---|---|
| City | ITHACA |
| State | NY |
| Zip | 14850-5639 |
| Property Usage | Residential Property Usage |
| Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Legal Block | 3 |
| Legal Lot Number | 2.004 |
| Jurisdiction | TOMPKINS NY |
| Minor Civil Division | ITHACA |
| Census Blockgroup | 1 |
| Census Block | 1013 |
| Census Tract | 100 |
Source: Tompkins County and Ithaca City records · APN 500700 81.-3-2.4
Assessment roll updated May 14, 2026 · Last verified May 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 118 PROSPECT ST, 200, ITHACA, NY 14850-5668 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Deed Names | Verified Name on Deed |
|---|---|
| Record Refreshed | Jun 08, 2026 |
Source: Tompkins County and Ithaca City records · Assessment roll updated May 14, 2026 · Last verified May 2026
| Type | Name |
|---|---|
| State | New York |
| County | Tompkins County |
| Municipality | Ithaca City |
| Unified School District | Ithaca City School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $302,854.00 | $8,600,000 (+8.86%) Land $1,275,000 Building $7,325,000 | $8,600,000 (+8.86%) Land $1,275,000 Building $7,325,000 |
| 2023 | $7,900,000 Land $1,275,000 Building $6,625,000 | $7,900,000 Land $1,275,000 Building $6,625,000 |
118 Prospect St is in FEMA Zone X, outside the Special Flood Hazard Area, with indirect wildfire exposure (Low risk).
Source: FEMA National Flood Hazard Layer · Tompkins County (36109C), updated June 17, 2025
| FEMA Flood Zone | Zone X minimal flood hazard · outside the 0.2% annual chance floodplain |
|---|---|
| Special Flood Hazard Area | No |
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020
| Wildfire Risk to Homes | Low 20th percentile of exposed land nationally · 55th in New York |
|---|---|
| Wildfire Likelihood | Low — about 1 in 10,000 per year |
| Exposure | Indirect within ember reach of burnable land |
Values are read at the parcel center point; lenders make the official flood determination.
Search by:
By searching, you agree to: Terms • Privacy • Disclosures