# 715 E 214th Street, Bronx, NY 10467

> **TL;DR:** residential multi family, $6,660,000, built 2013.
> A/C. Est. $28,860/mo. Listed 7 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $6,660,000 |
| Year Built | 2013 |
| Lot Size | 6,251 sqft (0.14 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 7 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $28,860 |
| **Total** | **$28,860** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2013
- 0.14 acre lot

## Description

### Agent Description
CAP RATE OF OVER 10% 715 East 214th Street is an excellent multifamily investment opportunity in the thriving Wakefield section of the Bronx. This well-maintained elevator building consists of 37 residential apartments across a diverse unit mix of 19 studios, 9 one-bedrooms, and 9 two-bedrooms, delivering strong in-place cash flow and stable occupancy. The property is 100% occupied with many units held by long-term tenants supported through established housing organizations and government-assisted programs, providing dependable and predictable rental income. The building currently generates $58,319 per month ($699,826 annually) in gross rental income. Operating at an 87%+ NOI margin, the building demonstrates exceptional operational efficiency. Tenants pay heat and electric, keeping landlord expenses low. Conveniently located one block from the 225th Street subway station (2/5 lines) with Metro-North access ~25 min to Grand Central, making it one of Wakefield's most accessible locations.

## Location

- **Address:** 715 E 214th Street, Bronx, NY 10467
- **County:** Bronx County

## Listing Agent

- **Name:** Valon Nikci
- **Brokerage:** Link NY Realty
- **Phone:** 6463219428
- **Email:** sales@linknyrealty.com

## Primary Photo

![715 E 214th Street - Primary Photo](http://lh.rdcpix.com/d40faf940bf96618e19768cdf3eee8cfl-f767599768r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/715-e-214th-street-bronx-ny-10467-1015537)*

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**MLS#:** 1015537 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/715-e-214th-street-bronx-ny-10467-1015537)

---

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