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Approved Project Near Ithaca

Cayuga Vista Drive Lansing, NY 14882

Claim this Listing
For Sale
$350,000

LAND - Lansing, NY

Lot size:
3.06 Acres
Added:
Feb 7, 2025
Days on Market:
520
Last Refresh:
Jul 12 at 6:06 am

Property Features for Cayuga Vista Drive

General Information

Property type
Land
Property subtype
Other
Exterior features
DirtDriveway, GravelDriveway
Standard status
Active
APN
37.1-2-53.29
Lot size
3.06 Acres

Taxes and HOA fees

Tax Annual Amount
1144

Listing agent Steven Saggese License #30SA0532613

Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY

Listing date Feb 7, 2025

MLS# R1587595 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 3.06-acre commercially zoned lot in Lansing, NY, presents an investment opportunity with an approved project for a 16-unit, 32-bed apartment complex. The shovel-ready project is town-approved and located in a high-demand rental market near Ithaca. The site is approximately 5 miles from Cornell University and the City of Ithaca, 4 miles from Ithaca Tompkins International Airport and major shopping areas, 3 miles from Cayuga Lake, and 2 miles from Lansing Central School District. The location offers municipal water and underground utilities, and is a few hundred feet from an 11-acre town park with ballfields and a playground. The approved plan includes four buildings, each containing three two-story apartments and one single-level unit. Each residence features multiple baths, a private garage, and separately metered utilities. The property is located off the main road, offering privacy while remaining close to essential amenities. The commercially zoned lot allows for other potential uses. The seller is open to serving as General Manager.

Key Highlights

  • Shovel‑ready, town‑approved project for a 16‑unit, 32‑bed apartment complex.
  • Prime location: just 5 miles from Cornell University and the City of Ithaca.
  • High‑demand rental market in the rapidly growing Finger Lakes region.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Approved 16-unit apartment complex project near Cornell University.
Where is this apartment building located?
The property is located at Cayuga Vista Drive Lansing, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Shovel‑ready, town‑approved project for a 16‑unit, 32‑bed apartment complex.; Prime location: just 5 miles from Cornell University and the City of Ithaca.; High‑demand rental market in the rapidly growing Finger Lakes region.
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