$1,550,000
PENDING

Estimated payment $9,484/month

Total Views 12,989
4 Beds
2 Baths
2,400 Sq Ft
$646 Price per Sq Ft

Highlights

  • 11,475 Sq Ft lot
  • Balcony
  • Wood Burning Fireplace
  • Pre War Building
  • Central Air

About This Home

SPECTACULAR WATERFRONT PROPERTY:

8 Tier Street is a rare and absolutely astounding waterfront property. This beautiful home just shy of 2400 square feet is sitting on a spectacular waterfront lot of 11,475 square feet - 85 linear feet of waterfront property: facing the west side and overlooking breathtaking Manhattan skyline & water views. This remarkable property has its very OWN PRIVATE BEACH, two PRIVATE PIERS, a large covered outdoor dining gazebo, and a 600 square foot deck spanning the entire width of the house.
From every single window of this home, you have 180-degree full water views - you even see both the Chrysler & the Empire State buildings. - Needless to say, sunsets, and night-time, are million-dollar views at 8 Tier Street.
Tier Street is also a preferred street by its beauty, tranquility, and position in terms of the most striking water & Manhattan views.

LAYOUT:
The first floor has your ideal open-plan entertainment & family layout; with a large island kitchen facing the expansive open dining & family room. French-doors lead you to another stunning living room complete with a wood burning fireplace. The entire span of the first floor faces the water with floor to ceiling deck doors, and full water views from every angle.
The second floor is your perfect all bedroom floorplan. Four spacious bedrooms, including a magnificent primary bedroom with its own stunning balcony, and large walk-in closet including washer & dryer. This second floor also has another kitchen since, yes, this property has a 2-family Certificate of Occupancy! Note that the highest and best use of this property currently is as a single-family home. - But never trade in the added value of a 2-family CO! Also note that the approximately 1100 square foot finished basement is not included in the 2400 square footage of this home.
As a single-family use, consider turning the second-floor kitchen into a fabulous primary ensuite bathroom! This home is also equipped with two-zoned central HVAC (heating & cooling), and efficient baseboard heating. You currently have two separate laundry areas, and two full bathrooms.

Pay attention to the enclosed "birds-eye view floorplan and aerial” of the entire lot and property; it perfectly illustrates the expansive property that 8 Tier Street is. It also inspires a potential expansion of the current driveway, fitting as many as 4-5 cars.

It is exceptional that such a large waterfront property becomes available for sale in New York City / City Island.
Needless to say, this is a property of a lifetime.

LOCATION & AMENITIES:
The brilliant proximity and easy commute to Manhattan makes City Island a savvy choice, as the hidden gem that it still is...
Nowhere else in New York City do you find such unique waterfront living with a relaxed and charming beach-lifestyle. On City Island itself you have a plethora of restaurants and boat clubs. Art galleries, a Yoga & Pilates studio, NYC Library, post office, Chase bank, a local supermarket – and all kinds of social activities to further connect with this very special community.
Right off the island you have New York City’s largest park – Pelham Bay Park - with bike, hike and running trails, Orchard Beach, horse stables, two golf courses, and at only an 8-minute drive along the enchanting Shore Road you have the fantastic New York Athletic Club – Travers Island.

VIDEO:
Make sure you check out the illustrative walk-through VIDEO. If you don't find it "here", just search 8 TIER STREET - REAL ESTATE SALES on YouTube.
(LINK: the listing agent directly with any questions and to set up a private showing.

This property is already appraised at $1,550,000, and is sold as is.

Listing Agent

Sandra Salander

R New York License #10401234338 Listed on: 11/22/2024

R New York

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,071

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 135.00 x 85.00

Home Design

  • Pre War Building

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Central Air

Community Details

  • City Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 5632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,071

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cross Street: William Avenue/William Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: City Island
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2400.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Balcony, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 11475.0
  • Lot Size Dimensions: 135.00 x 85.00

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1900

Tax Info

  • Tax Block: 5632
  • Tax Lot: 1
  • Tax Annual: 11071.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,071 $58,429 $15,958 $42,471
2024 $11,071 $55,123 $17,944 $37,179
2023 $11,195 $55,123 $15,743 $39,380
2022 $10,366 $76,020 $22,500 $53,520
2021 $10,862 $61,740 $22,500 $39,240
2020 $10,306 $53,400 $22,500 $30,900
2019 $7,146 $55,080 $22,500 $32,580
2018 $9,364 $45,936 $21,860 $24,076
2017 $9,294 $45,590 $19,405 $26,185
2016 $8,598 $43,010 $21,562 $21,448
2015 $5,720 $40,576 $22,407 $18,169
2014 $5,720 $38,280 $25,380 $12,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $1,550,000 0.0% $646 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $1,550,000 0.0% $646 / Sq Ft
03/22/2025 03/22/25 Off Market $1,550,000 -- --
11/22/2024 11/22/24 For Sale $1,550,000 +58.2% $646 / Sq Ft
05/20/2014 05/20/14 Sold $980,000 -10.9% $425 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $1,100,000 -- $477 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $980,000 --
Deed -- --
Executors Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $106,000 No Value Available
Previous Owner $245,945 No Value Available
Previous Owner $154,000 No Value Available
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11022548

Real Estate Board of New York (REBNY)

APN: 05632-0001