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3281 Tierney Place
About This Property
The full finished walkout basement provides valuable additional living and entertaining space with convenient access to the outdoors. Step outside onto the deck and enjoy views of the Long Island Sound, the perfect setting for morning coffee, outdoor dining, or relaxing at the end of the day.
Located in one of the Bronx's most unique waterfront neighborhoods, residents enjoy access to a private beach and the Locust Point Civic Center, offering a true neighborhood atmosphere and a wonderful sense of community. The location also provides convenient access to major highways and public transportation, making commuting and getting around the city easy while still enjoying the peaceful feel of a waterfront enclave.
Fully renovated, water views, private beach access, a finished walkout basement, and convenient transportation options. 3281 Tierney Place offers a rare opportunity to enjoy the best of the Locust Point lifestyle.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Listed by Keller Williams Realty NYC Grp | $675,000 | |
| Listed by Keller Williams Realty NYC Grp | |||
| Oct 11, 2016 | Sold | ||
| Sold | |||
| Nov 5, 2015 | Listed by Albert P. Schatz, LLC | $350,000 | |
| Listed by Albert P. Schatz, LLC | |||
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Magnificent Locust Point Area with Beautiful Waterviews. Needs Work but well worth the effort in this great location. Sunny and Bright! Single Family Home with access to Private Beach House and Private Marina. Close to Bus. A Must See!!! Will Not Last!! In-law potential on ground level. Den can be used as Bedroom Additional Information: ParkingFeatures:1 Car Attached,
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| Apr 23, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017