132 Cherry St Ithaca, NY 14850
Estimated payment $16,118/month
Highlights
- Lake Front
- Canal Access
- High Speed Internet
- Boynton Middle School Rated A-
- Corner Lot
About This Lot
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.
Listing Agent
Berkshire Hathaway HomeServices Heritage Realty Brokerage Phone: 607-428-0708 License #30DE1022539 Listed on: 06/10/2026
Property Details
Property Type
- Land
Lot Details
- 1.38 Acre Lot
- Lot Dimensions are 293x178
- Lake Front
- Corner Lot
- Rectangular Lot
- Cleared Lot
Parking
- No Driveway
Property Views
- Water
- Scenic Vista
Schools
- Beverly J Martin Elementary School
- Boynton Middle School
- Ithaca Senior High School
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Canal Access
- Flood Zone Lot
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 500700-077-000-0004-002-000-0000
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $32,327 | $1,000,000 | $1,000,000 | $0 |
| 2024 | $19,593 | $1,000,000 | $1,000,000 | $0 |
| 2023 | $21,539 | $1,000,000 | $1,000,000 | $0 |
| 2022 | $18,459 | $500,000 | $184,000 | $316,000 |
| 2021 | $18,459 | $500,000 | $184,000 | $316,000 |
| 2020 | $11,909 | $500,000 | $184,000 | $316,000 |
| 2019 | $16,316 | $500,000 | $184,000 | $316,000 |
| 2018 | $12,148 | $500,000 | $184,000 | $316,000 |
| 2017 | $12,455 | $500,000 | $184,000 | $316,000 |
| 2016 | $12,567 | $500,000 | $184,000 | $316,000 |
| 2015 | -- | $500,000 | $184,000 | $316,000 |
| 2014 | -- | $500,000 | $184,000 | $316,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2026 06/10/26 | For Sale | $2,500,000 | -- | -- |
About the Listing Agent
Brian's Other Listings
Source: Ithaca Board of REALTORS®
MLS Number: R1687688
APN: 500700-077-000-0004-002-000-0000
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Ask me questions while you tour the home.