1.38 Acres of Land for Sale in Ithaca, NY

$2,500,000|Listed: Jun 10, 2026

MLS#261815147

132 Cherry Street, Ithaca, Tompkins County, New York

Status:Active

1.38 Acres of Land for Sale in Ithaca, NY in Ithaca, New York - photo 1

1.38 Acres of Land for Sale in Ithaca, NY in Ithaca, New York - photo 2

1.38 Acres of Land for Sale in Ithaca, NY in Ithaca, New York - photo 3

1.38 Acres of Land for Sale in Ithaca, NY in Ithaca, New York - photo 4

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1.38 Acres of Land for Sale in Ithaca, NY in Ithaca, New York - photo 8

Property Type

Recreational Land

Acreage

1.38 acres

County

Tompkins

Format

Sale

Description

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.