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HIGH-YIELD INVESTMENT PROPERTY - THREE (3) UNITS / bungalows in prime City Island location - on the lovely Tier Street with water views! Only steps to the water, and a private beach - exclusive to Tier Street residents only, see included photo. Make this your primary or weekend home on the water, only 22 minutes from Manhattan, and offset your mortgage by renting out the other two units. Or, rent out all three for positive cash flow and with tenants paying off your mortgage. PRICE REDUCED TO SELL. APPRAISED AT $845,000. Tier Street is a favorite street on City Island; tranquil and beautiful, with excellent proximity to all of City Island's conveniences. At this location you can also escape any popular summer day/evening City Island Avenue traffic, driving to and from 32 Tier Street - as locals do- on "side streets". City Island is one of the most wonderful and unique places to live & enjoy with amazing proximity to Manhattan. Where else in NYC can you buy THREE units steps from the water - with private beach access - in this price range!!? Whether 32 Tier Street will serve as your primary / secondary home, or purely as an investment - it is safe to say that any property located at this proximity to the water, and Manhattan, is bound to keep appreciating in value at an exciting rate. It is the very reason, along with our low taxes and friendly community - that I myself own two properties on City Island. At 32 Tier Street, the two side-by-side units - one studio & one one-bedroom - have been renovated and are turnkey ready to use or rent out right away. The separate cottage in the rear needs some TLC and is perfect for you to bring your own style and updates - making it your very own private sanctuary. Perhaps raise the ceiling, add a roof deck, add another bedroom using the available FAR.. No matter what your needs are - come see this very special property and let your mind wander beyond the ordinary! Note that the recorded square footage does not include the rear Cottage; the total LIVABLE SPACE is approximately 1500 SQUARE FEET, divided into three separate units (floor plan included). And the LOT SIZE is a generous 3200 SQUARE FEET (32x100). 32 Tier Street is registered as 32-34 Tier Street, as well as 32A, 32B and 32 REAR Tier Street. Sold as is. Delivered vacant, or with one tenant. Very low taxes (only $5453 / year), and no flood insurance required! Despite its awesome proximity to the water, 32 Tier Street sits at a higher elevation point. CONTACT THE LISTING AGENT DIRECTLY WITH QUESTIONS, AND TO SCHEDULE A PRIVATE SHOWING. ALSO ASK FOR THE WALK-THORUGH VIDEO WHICH IS AVAILABLE UPON REQUEST! The City Island Lifestyle: City Island is a rare gem — a tight-knit, coastal village within New York City. Home to yacht clubs, private beaches, art galleries, boutique shops, and excellent dining (many with stunning views of the Manhattan skyline, Eastchester Bay, and Long Island Sound). The island offers a lifestyle unlike any other in the city! "On your doorstep" you also have Pelham Bay Park which is the largest park of New York City - offering two golf courses, horse stables, walking, running, and bike trails! - And of course the beautiful public Orchard Beach which is currently undergoing an amazing renovation of its Art Deco commercial board walk. Plans to add a ferry stop for City Island, are also in the works. Imagine what that will do to City Island real estate value... On City Island residents enjoy: A true beach-town atmosphere Low taxes and high-quality city services Easy access to Manhattan via car or public transit Excellent schools, library, post office, and more Active boating, social, and cultural community events It is no wonder City Islanders rarely want to leave... (Recent New York Times coverage of City Island lifestyle: https://www.nytimes.com/2023/10/25/realestate/city-island-bronx.html)

  • Bedrooms
    3
  • Bathrooms
    3
  • Year Built
    1940
  • Construction Materials
    Vinyl Siding
  • Interior Features
    Open Floorplan
  • Patio And Porch
    Covered, Patio, Porch
  • Cooling
    Varies by Unit
  • Heating
    Forced Air

  • Acres
    0.0558
  • View
    Water
  • Utilities
    Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public


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How do I schedule a tour of 32 Tier St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 32 Tier St.

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How do I get more information about 32 Tier St?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 3 bath, listed for $795,000. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Bronx, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 32 Tier St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 32 Tier St at around $4,979. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 32 Tier St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

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Can I negotiate the asking price for 32 Tier St?

In most cases, yes. Whether 32 Tier St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Bronx's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 32 Tier St?

We can handle that for you. Our preferred local agent specializes in residential incomes in Bronx and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $795,000 with 1,500 sqft of space—that comes out to approximately $530 per square foot.

How long has this property been on the market?

32 Tier St was listed on July 19, 2025, which means it's been on the market for 482 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1940, making it approximately 86 years old.

What is the lot size of this property?

32 Tier St sits on a 0.06-acre lot, which is 2,614 square feet.

What are the property taxes for 32 Tier St?

The most recent public record shows annual property taxes for 32 Tier St were approximately $5,453. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 32 Tier St still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 13, 2026 at 11:32PM | Source: OneKey MLS | MLS#: 891338