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Property at 0 Cayuga Vista Drive, Lansing, NY 14482
ACTIVE
$75,000
$350,000

0 Cayuga Vista DriveLansing, NY, 14482

Commercial SaleApartment3.06 Acres
Prime Investment Opportunity in the Finger Lakes! Developers, investors, and entrepreneurs—don’t miss the opportunity to construct this shovel-ready, town-approved project for a 16-unit, 32-bed apartment complex in a high-demand rental market just minutes from Ithaca. Located only 5 miles from Cornell University and the City of Ithaca, 4 miles from Ithaca Tompkins International Airport and major shopping, 3 miles from scenic Cayuga Lake, and 2 miles from Lansing Central School District, this prime site offers municipal water, underground utilities, a few hundred feet to an 11-acre town park with ballfields and a playground. The approved plan features four well-designed buildings, each containing three spacious two-story apartments and one convenient single-level unit. Each residence includes multiple baths, a private garage, and separately metered utilities, ensuring long-term rental appeal and operational efficiency. Nestled off the main road for privacy yet close to essential amenities, this development offers an unbeatable combination of convenience, quality, and investment potential. Positioned in one of the fastest-growing counties in Upstate New York, this is a rare chance to capitalize on the thriving Finger Lakes region. The seller is open to serving as General Manager if desired, providing additional expertise and oversight. Approved and ready to build—secure your place in this booming market today! For sale is a 3 acre lot plus the approved project and engineering plans. Commercially zoned lot will also allow other uses.
1 / 21

Est. Monthly

$1,659/mo

$350,000
$75,000

0 Cayuga Vista Drive, Lansing, NY

Commercial SaleApartment3.06 Acres

Prime Investment Opportunity in the Finger Lakes! Developers, investors, and entrepreneurs—don’t miss the opportunity to construct this shovel-ready, town-approved project for a 16-unit, 32-bed apartment complex in a high-demand rental market just minutes from Ithaca. Located only 5 miles from Cornell University and the City of Ithaca, 4 miles from Ithaca Tompkins International Airport and major shopping, 3 miles from scenic Cayuga Lake, and 2 miles from Lansing Central School District, this prime site offers municipal water, underground utilities, a few hundred feet to an 11-acre town park with ballfields and a playground. The approved plan features four well-designed buildings, each containing three spacious two-story apartments and one convenient single-level unit. Each residence includes multiple baths, a private garage, and separately metered utilities, ensuring long-term rental appeal and operational efficiency. Nestled off the main road for privacy yet close to essential amenities, this development offers an unbeatable combination of convenience, quality, and investment potential. Positioned in one of the fastest-growing counties in Upstate New York, this is a rare chance to capitalize on the thriving Finger Lakes region. The seller is open to serving as General Manager if desired, providing additional expertise and oversight. Approved and ready to build—secure your place in this booming market today! For sale is a 3 acre lot plus the approved project and engineering plans. Commercially zoned lot will also allow other uses.

StatusActive
Property TypeCommercial Sale
Property SubtypeApartment
Days on Market469 days

Est. Monthly Payment

$1,658.99

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

0 Cayuga Vista Drive

Lansing, NY 14482 • Tompkins
—
Beds
—
Baths
—
SqFt
3.06
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
Apartment
Days on Market
469 days
Property History
  • Price reduced
    Jul 31, 2025 • NYSAMLS • R1588080
    $425,000 → $350,000
  • Listed for sale
    Feb 10, 2025 • NYSAMLS • R1588080
    $425,000
Mortgage Calculator
Estimated monthly payment for this property
$1,658.99
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1588080
  • Listing Office
    Warren Real Estate of Ithaca Inc. (Downtown)
  • Last Updated
    3 days ago

Climate & Systems

  • Heating
    • Other
    • See Remarks

Parking

  • Parking Spaces
    16

Lot & Grounds

  • Lot Size
    3.06 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Apartment

Structure

  • Roof
    • Other
    • See Remarks

Condition

  • Condition
    To Be Built
  • Days on Market
    469 days
  • Water
    None
  • Sewer
    Other
  • Utilities
    • Electricity Available
    • Water Available

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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