71 E Shore Drive
About This Property
Inside, discover a bright, open-concept interior with rich hardwood flooring, recessed lighting, custom moldings, and oversized windows that capture breathtaking water views and natural light.
The designer kitchen is a masterpiece, boasting crisp white shaker cabinetry, elegant brass hardware, high-end stainless steel appliances, a striking tile backsplash, expansive countertops, and a large center island perfect for entertaining. A custom beverage and wine area adds an upscale touch.
The open living and dining areas flow towards the waterfront, with large glass doors framing sweeping bay views and providing direct access to the new deck. Enjoy morning coffee, summer gatherings, or sunset cocktails in this exceptional indoor-outdoor space.
Noteworthy upgrades include custom hurricane-rated windows and doors imported from Europe, chosen for their sleek modern design, energy efficiency, and remarkable durability.
Extensive renovations include a new bulkhead, waterfront deck, roof, siding, custom hurricane windows and doors, heating system, central A/C, hardwood flooring, and luxurious bathrooms. Every detail has been meticulously attended to, giving this home the feel of new construction with extensive upgrades.
Boaters and water lovers will delight in stepping out to their own waterfront setting, with room for boat or yacht dockage, Jet Skis, and all your water toys. Spend summer evenings grilling, entertaining, fishing, and watching boats pass by while enjoying beautiful bay views and unforgettable sunsets.
Waterfront-facing rooms maximize the scenery, creating a peaceful coastal atmosphere. Clean architectural lines, modern finishes, warm hardwood floors, and sophisticated details give the property a refined yet comfortable feel.
From boating and fishing to BBQ nights, waterfront entertaining, and relaxing on the deck, 71 E Shore Rd offers more than a beautifully renovated home-it offers the complete Long Island waterfront lifestyle.
Just unpack, dock the boat, and start enjoying your own bayfront haven. This is a rare, turnkey waterfront opportunity combining modern luxury, extensive new construction-quality improvements, and exceptional waterfront living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 3, 2026 | No longer available | - | |
| No longer available | |||
| Sep 15, 2026 | Listed by Gold Key Realty of NY LLC | $1,499,999 | |
| Listed by Gold Key Realty of NY LLC | |||
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Price Decreased |
$789,000
↓ $8K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017