benny.estate
For SaleMLS # R168768819 days on market

132 Cherry Street

Ithaca, NY 14850 · Tompkins County

Price

$2,500,000

Bed / Bath

Lot

1.38 ac

About this home

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.

Schools

District

Ithaca

Elementary

Beverly J Martin Elementary

Middle

Boynton Middle

High School

Ithaca Senior High

Tax & finance

Annual taxes

$0

Financing

Cash

Location

Ithaca, NY 14850 · Tompkins County

MLS Attribution

Listing courtesy of Berkshire Hathaway HomeServices Heritage Realty. Listing agent: Brian DeYoung. Data last updated 6/29/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.