It has slight toxicity, sweet taste and pungent smell in case of high concentration.
It is sensitive to air, absorbs water, hydrolyzes slowly and becomes acidic. Ethyl acetate is soluble in water (10%ml/ml), and is miscible with chloroform, ethanol, acetone and ether. It can dissolve some metal salts (such as lithium chloride, cobalt chloride, zinc chloride, ferric chloride, etc.).