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73 Village Cir
Ithaca, NY 14850
Village Apts owned by Lucente Homes LLC · Multifamily Property For Sale
·
20 Units
PROPERTY FACTS
| No. Units | 20 | Lot Size | 84.07 AC |
| Property Type | Multifamily | Building Size | 45,576 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1980/2015 |
| Building Class | C |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 84.07 AC |
| Building Size | 45,576 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2015 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Den
- Dining Room
- Skylights
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
ABOUT 73 VILLAGE CIR , ITHACA, NY 14850
Opportunities like this are rare and immense. Massive development potentials w/ avail municipal water & sewer. Incl. 4 apartment buildings w/ 42 income generating units & 98 acres of land. These buildings plus a small portion of the acreage are in a planned development area (PDA) approved to construct 138 multi-family units. This extraordinary Lansing location is located 1 minute from Ithaca Tompkins Regional Airport, Borg Warner Manufacturing & the Cornell Business & Technology Park. Part of the acreage borders a commercially zoned business park (Dutch Mill Rd). While one could propose to develop additional multi-family housing, an experienced & astute investor could propose a variety mixed use developments; addl. apartments, single & 2 family homes, cluster housing, townhouses, condos, retirement community, medical offices or addl commercial use. It would be difficult to find land that has this kind of income while going through the development process. Consider the endless uses.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,655,000 | |
| Land Assessment | $1,225,000 | Total Assessment | $4,880,000 |
PROPERTY TAXES
