123 W State St, #25, Ithaca, NY 14850 Property Records

Tompkins County and Ithaca City property record for 123 W State St, #25, Ithaca, NY 14850

Property Summary

Property TypeMixed Use Commercial Office / Residential
Details11,922 sqft · built 1980
Lot Size0.61 acres (26,572 sqft)
OwnerCompany Name on File
Last Sale$663,500 (Mar 2012)
Tax Bill$31,215 (2026)
Deeds & MortgagesDec 2022 Refinance
Flood ZoneZone X (moderate risk)
APN500700 70.-6-3

Property Details

APN / Parcel Number

Primary APN500700 70.-6-3
Alternative APN
  • 070007000000060030000000

Interior

Stories2 Stories
Building Area11,922 sqft Gross Area
Basement Area5,961 sqft
Finished Basement5,961 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 1980
Effective Year BuiltEffective 1980
Lot Area26,572 sqft (0.61 acres)
Lot Dimensions132 ft deep x 44 ft wide
Canopy198 sqft
Loading Dock72 sqft
Total Buildings3 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating FuelOil
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address123 W STATE ST, 25
CityITHACA
StateNY
Zip14850-5427
Property CategoryCommercial
Property TypeCommercial > Office > Mixed Use Commercial Office / Residential
Local Zoning CodeCBD-60
Legal Block6
Legal Lot Number3.000
JurisdictionTOMPKINS NY
Township / Civil DivisionITHACA
Census Block Group2
Census Block2014
Census Tract100

Owner

123 W State St, #25 is owned by a company that bought it in March 2012.

Source: Tompkins County and Ithaca City records, as of September 23, 2026

Owner of RecordCompany Name on File
Mailing Address123 W STATE ST, ITHACA, NY 14850-5427
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 2, 2012 · Amount on File
Deed SaleMar 2, 2012 · Amount on File
Deed Book / Page58817 / 3001
Record UpdatedOct 29, 2026

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTOMPKINS NY
Property Address123 W STATE ST # 25, 25, ITHACA, NY 14850-5427
Transaction TypeMortgage
Record UpdatedJan 17, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000004101
DateDec 30, 2022
Instrument2022-14101
Lender
NameCFCU COMMUNITY CU
TypeCredit Union
Agreement
TypeStand-Alone Refinance
AmountAmount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 123 W State St, #25 was $31,215, down 42.2% from the year before.

Source: Tompkins County and Ithaca City assessment roll, as of May 14, 2026

Property Jurisdictions

TypeName
StateNew York
CountyTompkins County
MunicipalityIthaca City
Unified School DistrictIthaca City School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$31,215.00 (-42.16%)
2025$53,972.00$1,500,000 Land $300,000 Building $1,200,000$1,500,000 Land $300,000 Building $1,200,000
2023$1,500,000 Land $300,000 Building $1,200,000$1,500,000 Land $300,000 Building $1,200,000
2020$3,284.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 123 W State St, #25 in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 123 W State St, #25 is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 54% of New York
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemITHACA CITY
serves 29,457 people · EPA ID NY5404416
Water SourceSurface water
Last State InspectionAug 2025
Lead2 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityChlorine dioxide
resolved · Feb 2020
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 781 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Empire Long Distance
Fiber
1,000 / 100
T-Mobile
Fixed Wireless
100 / 20

May also be available: Fiberspark, Verizon.

Nearby Properties on W State St

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