City Island Triplex Investment
32 Tier St The Bronx, NY 10464
For Sale
$795,000
Pending
Three units near the water with private beach access.
Lot Size0.06 Acres
Days on Market140
Property Features for 32 Tier St The
General Information
- Standard status
- Pending
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1940
Listing Agency:
R NEW YORK
(212) 810-9231
Listed By:
Sandra Salander · License #10401234338
(212) 810-9231
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Jul 27 at 4:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R NEW YORK
Investment Insights
Based on property information with market context.
This high-yield investment property features three units located in a prime City Island location on Tier Street, offering water views and proximity to a private beach exclusive to Tier Street residents. The property includes two renovated side-by-side units—a studio and a one-bedroom—ready for immediate use or rental. A separate cottage in the rear requires some TLC, presenting an opportunity for customization and updates, with potential for raising the ceiling, adding a roof deck, or including another bedroom. Registered as 32-34 Tier Street, as well as 32A, 32B and 32 REAR Tier Street, the property is sold as is and can be delivered vacant or with one tenant. The location provides convenient access to City Island's amenities while avoiding the main traffic on City Island Avenue. City Island offers a unique coastal village lifestyle with yacht clubs, art galleries, boutique shops, and dining options. Residents benefit from low taxes and easy access to Manhattan. Pelham Bay Park, the largest park in New York City, is nearby, featuring golf courses, horse stables, and trails. Orchard Beach is also undergoing renovations. Plans are underway to add a ferry stop for City Island.
Key Highlights
- Three units on one property offer high‑yield investment potential.
- Prime City Island location on Tier Street with water views and exclusive access to a private beach.
- Reduced price, appraised at $845,000, represents a significant value opportunity.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three units near the water with private beach access.
Where is this triplex located?
The property is located at 32 Tier St The Bronx, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Three units on one property offer high‑yield investment potential.; **Prime City Island location** on Tier Street with water views and exclusive access to a private beach.; Reduced price, appraised at $845,000, represents a significant value opportunity.
