32 Tier St The, Bronx, NY 10464

Building Details

Year Built

1940

Listing office R NEW YORK s***@wernewyork.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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Overview

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.

Suggested Use

Law Firm Hair Salon Dental Office Spa & Massage Center Skin Care Clinic Hotel & Motel Pharmacy HVAC Service Computer & Electronic Repair Electronics & Wireless Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bronx

County

Bronx

State

New York

Longitude

-73.7906

Latitude

40.848

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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.