132 Cherry Street Ithaca City, NY $ 2,500,000
132 Cherry Street
$ 2,500,000
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132 Cherry Street

Ithaca City, NY, 14850
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 15,785

132 Cherry Street, Ithaca City, NY 14850 - Image 1
132 Cherry Street, Ithaca City, NY 14850 - Image 2
132 Cherry Street, Ithaca City, NY 14850 - Image 3
132 Cherry Street, Ithaca City, NY 14850 - Image 4
132 Cherry Street, Ithaca City, NY 14850 - Image 5
132 Cherry Street, Ithaca City, NY 14850 - Image 6
132 Cherry Street, Ithaca City, NY 14850 - Image 7
132 Cherry Street, Ithaca City, NY 14850 - Image 8
132 Cherry Street, Ithaca City, NY 14850 - Image 9
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Studio Lots and Land for sale in Ithaca City, NY for $2,500,000. The lot size is 1.38.

This incredible location is shovel ready. The ground has been cleared, the previous building removed, and all the plans, permits, and proforma has been done. This incredible location is within walking distance to Wegmans, parks, transportation and Cayuga Lake. A pedestrian bridge was just installed RIGHT NEXT to this parcel, over the canal. This unparalleled opportunity is ready right now. There is a great deal of public information online under "The Hive Ithaca." Prime location provides waterfront living with great access to the adjacent Black Diamond Trail. The property is approved for 143-148 residential units with two L-shaped buildings nestled along the waterfront designed to have for residential and retail space on 1.37 acres.

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Lots and Land Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

MultiFamily

Lot Size

1.38

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1687688

Features
General
Sewer StormSewer
Utilities CableAvailable NaturalGasAvailable HighSpeedInternetAvailable PhoneAvailable ElectricityAvailable SewerAvailable WaterAvailable
Possession CloseOfEscrow
Development Status Clear Other RawLand SitePlanApproved SeeRemarks
School District Ithaca
View Scenic Water
Township Not Applicable
Property Subtype MultiFamily
Waterfront Features CanalAccess LakeFront
Community Features StormDrains
County Tompkins
Property Type Land
Possible Use Other
Other Structures None
Status Active
Directions Along the canal on Cherry St. behind Ithaca Wegmans
High School Ithaca Senior High
City Ithaca City
Body of Water Cayuga Inlet
Senior Community Y/N No
High School District Ithaca
Number Of Units Total 0
MLS Area Ithaca-City-500700
Lot Size Units Acres
Lot Size Square Feet 60113.0
Elementary School Beverly J Martin Elementary
Tax Annual Amount 0.0
Middle/Junior High School Boynton Middle
Virtual Tour https://youtu.be/V8TYCzcuxFY
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 1000000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 2
Property Sub Type Additional Other
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Exterior
Parking Features NoDriveway
Lot Features CornerLot Rectangular RectangularLot Cleared FloodZone LakeFront
Water Source Public
Lot Size Area 1.38
Lot Dimensions 293X178
Lot Size Acres 1.38
Wooded Area 0.0
Waterfront Y/N No
Road Frontage Type CityStreet
Cultivated Area 0.0
Pasture Area 0.0
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Interior
Total Fireplaces 0
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Internal Only
Street Number 1 132
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* Excluded Features
List By
Berkshire Hathaway Homeservices Heritage Realty

Broker

(607) 275-1234

Phone

Affordability Calculator

$15,785
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5133727 Elementary School
4006388 Middle School
Ithaca Senior High High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$2,500,000 Listed Price

Map


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132 Cherry Street, Ithaca City, NY, 14850 is a Lots and Land for sale at $2,500,000 with a lot size of 1.38. 132 Cherry Street is a studio with 0.0 baths. The property's zip code is 14850 which is in Ithaca City, NY